Mahavir Finance Home Loans

Realize Your Home Dream With Our Home Loans!

Make your dream home a reality with Mahavir Finance. Explore flexible home loan solutions, competitive interest rates and convenient repayment options designed around your financial needs.

  • Customized Repayment Plans
  • Competitive Interest Rates
  • Expert Guidance

Unlock Home Loan Offers

Get assistance from Mahavir Finance and explore suitable home loan options.

Multiple Lenders Explore suitable lending options
Flexible Solutions Loan options for different requirements
Expert Assistance Guidance throughout your application
Home Finance

A Smarter Way To Finance Your Dream Home

Buying or building a home is one of the biggest financial decisions you can make. Mahavir Finance helps you understand available home loan options and choose financing based on your requirements.

Whether you are purchasing a new property, constructing a home, renovating an existing property or looking to transfer your existing home loan, we can help you explore suitable financing solutions.

Check Eligibility

Home Loan Overview

Loan Purpose Purchase / Construction / Renovation
Repayment Flexible EMI Options
Tenure Subject to lender policy
Applicants Salaried / Self Employed
Property Subject to lender approval
Loan Partners

Explore Home Loan Offers

Compare important loan parameters and explore financing options available through lending partners.

Bank of Baroda Home Loan

Interest Rate 7.45% - 10.2%
Loan Amount ₹10L - ₹10Cr
EMI / Lakh ₹2,001 - ₹2,135
Processing Fee Up to 1% of loan amount
Prepayment NIL
Enquire Now →

Union Bank of India Home Loan

Interest Rate 7.45% - 10%
Loan Amount ₹5L - ₹2Cr
EMI / Lakh ₹2,001 - ₹2,125
Processing Fee Up to 1%
Prepayment As per applicable scheme
Enquire Now →

Indian Bank Home Loan

Interest Rate 7.4% - 10.4%
Loan Amount ₹5L - ₹75L
EMI / Lakh ₹1,999 - ₹2,144
Processing Fee Up to 1%
Prepayment As per lender policy
Enquire Now →

Punjab & Sind Bank Home Loan

Interest Rate 7.4% - 10.7%
Loan Amount ₹5L - ₹5Cr
EMI / Lakh ₹1,999 - ₹2,159
Processing Fee Up to 1%
Prepayment NIL
Enquire Now →

State Bank of India Home Loan

Interest Rate 7.25% - 8.45%
Loan Amount ₹5L - ₹40Cr
EMI / Lakh ₹1,992 - ₹2,049
Processing Fee Up to 1%
Prepayment As per lender policy
Enquire Now →

Punjab National Bank Home Loan

Interest Rate 7.2% - 10.95%
Loan Amount ₹1L - ₹5Cr
EMI / Lakh ₹1,990 - ₹2,172
Processing Fee Up to 1%
Prepayment NIL
Enquire Now →
Benefits

Home Loan Features & Benefits

Home loans can provide structured financing for property purchase and other eligible housing needs.

01

Attractive Interest Rate Plans

Home loans may offer competitive interest rates depending on the lender, applicant profile, property and applicable terms.

02

Property Due Diligence

Lenders generally evaluate property documents, ownership and other relevant legal requirements before approving a housing loan.

03

Potential Tax Benefits

Eligible borrowers may receive tax benefits subject to prevailing income-tax rules and their individual circumstances.

04

Flexible Repayment Period

Depending on lender policy and eligibility, borrowers may select a suitable repayment tenure.

05

Balance Transfer

Eligible borrowers may transfer an existing housing loan to another lender based on the applicable terms and conditions.

06

Multiple Loan Solutions

Home financing can cover different requirements such as purchasing, constructing, renovating or extending a property.

Eligibility

Check Your Home Loan Eligibility

Eligibility criteria vary between lenders and depend on your financial and property profile.

  • Applicant generally falls within the lender's eligible age range.
  • Salaried or self-employed applicants may be eligible.
  • Stable and verifiable income may be required.
  • Credit history and repayment behaviour may be considered.
  • Employment or business continuity may be evaluated.
  • Property documents must satisfy lender requirements.
  • Residence status may be considered by the lender.
  • Existing financial obligations may affect eligibility.
Charges

Home Loan Fees & Charges

Charge Description
Processing Fees A one-time fee charged by the lender for processing the home loan application.
Application Fees Administrative or login charges may apply depending on the lender.
Prepayment / Foreclosure Charges, if applicable, depend on the lender, loan type and applicable rules.
Partial Prepayment Charges may apply depending on the loan agreement and lender policy.
Conversion Charges Applicable when changing certain interest-rate or loan structures.
Repayment Mode Changes Charges may apply for certain changes to repayment instructions.
Maximum Tenure Home loan tenure can extend up to 30 years for eligible borrowers, subject to lender policy.
Loan Solutions

Types of Home Loans

Different housing finance products are designed for different property and financial requirements.

Home Purchase Loan

Financing for purchasing an eligible residential property. Loan amount, tenure and interest rate depend on lender policy and applicant eligibility.

Home Construction Loan

Designed for borrowers constructing a home on their own eligible plot. Funds may be disbursed in stages based on construction progress.

Home Renovation Loan

Financing that may help eligible homeowners fund repairs, improvements and renovation work.

Home Extension Loan

Suitable for eligible borrowers planning additional rooms, floors or other property extensions.

Home Equity Loan

A secured financing option where eligible property owners may leverage property value, subject to lender assessment.

Balance Transfer Loan

Allows eligible borrowers to move an existing home loan to another lender based on applicable terms and eligibility.

Top-Up Loan

Additional financing may be available to eligible existing home loan customers subject to lender conditions.

Home Loan Refinance

Replacing an existing home loan with another financing arrangement may be possible depending on lender terms and eligibility.

Land Purchase Loan

Financing for eligible residential plot purchases, subject to property documentation, valuation and lender policies.

NRI Home Loan

Housing finance designed for eligible NRIs purchasing qualifying residential property in India, subject to applicable requirements.

For Different Applicants

Home Loan Options Based on Profession

Lenders may consider different income and employment profiles while assessing home loan applications.

Home Loan for Government Employees

Financing options for eligible government employees based on income, employment stability and lender criteria.

Home Loan for Self-Employed

Designed for eligible business owners and professionals with verifiable income and required business documentation.

Home Loan for Senior Citizens

Home financing for eligible senior applicants subject to age, income, tenure and lender requirements.

Home Loan for Salaried Persons

Housing finance for salaried applicants based on salary, employment history, credit profile and property eligibility.

Home Loan for Bank Employees

Eligible banking professionals may access home financing subject to the respective lender's employee and loan policies.

Home Loan for Women

Eligible women borrowers may receive lender-specific benefits or concessions where applicable.

Home Loan for Advocates

Financing for eligible legal professionals based on documented income and lender criteria.

Home Loan for Doctors

Eligible medical professionals may apply for housing finance based on income, practice, credit profile and lender requirements.

Documentation

Required Home Loan Documents

Documents vary by applicant, property and lender. Commonly requested documents may include:

Identity Proof

  • PAN Card
  • Aadhaar Card
  • Passport
  • Voter ID
  • Driving Licence

Address & Income Proof

  • Utility Bills
  • Salary Slips
  • Form 16
  • Bank Statements
  • Employment Proof

Property Documents

  • Property ownership documents
  • Sale agreement
  • Property approval documents
  • Construction documents where applicable
  • Other lender-required documents
FAQ

Frequently Asked Questions

What is a home loan?

A home loan is a secured loan provided by a lender to finance eligible property-related requirements such as purchasing or constructing a home.

Who can apply for a home loan?

Salaried and self-employed individuals may apply subject to the eligibility criteria, income, credit profile and property requirements of the lender.

How much home loan can I get?

The eligible loan amount depends on factors such as income, existing obligations, credit profile, property value and the lender's policies.

What documents are required?

Common documents include identity proof, address proof, income documents, bank statements and property-related documents. Exact requirements vary by lender.

Can I transfer my existing home loan?

Eligible borrowers may be able to transfer an existing home loan to another lender depending on the lender's balance-transfer requirements.

What determines my home loan interest rate?

Interest rates can depend on the lender, applicant profile, credit history, loan amount, tenure, property and prevailing lending terms.

Ready To Turn Your Dream Home Into Reality?

Submit your details and explore your home loan eligibility with Mahavir Finance.

Check Eligibility →