Can Fins Homes Limited

Product Details

Bank Name

Maximum Loan Tenure

30 years

Maximum Loan Amount

10 crore

Interest Rate

Prevaling card rate

Type

Floating

Down Payment

Up to Rs.20 lac - 15%.Above Rs.20 lac up to Rs. 75 lacs - 20%.Above Rs.75 lacs-25%.

Fees and Charges

Interest rate: 8.25% to 9.75% p.a..
Processing Fees:
For salaried and professionals: 0.50% + GST of the loan amount
For self-employed non-professionals: 0.75% + GST of the loan amount
Can be used for purchase of a house or flat that is already built or under construction
Can be used for construction of a house or flat
Can be used for renovation, repairs, extension, and upgradation.
Margin of the loan ranges from 15% to 25% based on quantum of the loan

Minimum CIBIL Score

750

Down Payment and Fees

Housing Loans to Individual (IHL)

Special Features

None

Eligibility Criteria

Individuals who are salaried / professionals/SE & NP /NRI /pensioner who have adequate repayment capacity supported by Proof viz, Salary slips/Form 16 and Income Tax Returns. Property proposed for mortgage to stand in the name of applicant/s.

Special Concession

Home Saver Option

Features, Eligibility and Concession

Pros

Wide range of loan products to cater to different housing needs. Competitive interest rates for affordable repayment. Flexible repayment options to suit customers' preferences. Quick processing and doorstep services for a hassle-free experience.

Cons

only floating rates are offered

Pros & Cons

Application Procedure

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