Know About Home Loan:
Features and Advantages of Our Home Loan
Numerous institutions present an extensive range of home loan options with the most competitive rates and affordable Equated Monthly Installments (EMIs).
Home Construction Loan: In case you possess a plot of land but lack the financial means to construct a home on it, a house construction loan is tailored for this purpose. This type of borrowing is specifically designed to facilitate the construction or renovation of a significant portion of your residence.
Home Extension Loan: If you already own a home and find the need to expand the existing structure, whether by adding an annex, constructing another floor, or making other modifications, the Home Extension Loan provides the financial support necessary for such endeavors.
Home Improvement Loan: We all aspire to enhance and upgrade our living spaces for a better quality of life. Whether it’s replacing outdated furniture, upgrading fixtures, or addressing faulty lighting systems, the Home Improvement Loan caters to all your renovation plans.
NRI Home Loan: For patriotic Non-Resident Indians who aspire to own residential property in India, the NRI Home Loan is the ideal solution. While the application formalities may differ slightly, this loan is specifically designed to meet the unique needs of Non-Resident Indians.
- Salaried Person: 21 years to 58 years
- Self-Employed Person: 25 years to 65 years
- Loan Commencement Age: Must be above 21 years at the time of loan commencement, and up to 65 years or less at loan maturity
- Salaried Person: Minimum Rs. 10,000 per month
- Self-Employed Person: Minimum Rs. 2,00,000 per year
- Salaried Person: Minimum 2 to 3 years of experience in an MNC, or a Private or Public Limited Company
- Self-Employed Person: Minimum 3 years of experience in the current field
- A credit score of 750 is considered a good score for approval.
1. Salaried Individuals
- Form 16
- Employee Identity Card
- 3 Months Salary Slip
- 6 Month Bank Account Statement
- Duration of Employment Evidence
2. Self-Employed Individuals
- PAN
- Trade License
- Partnership Deed
- Article of Association
- Memorandum of Association
- Import Export Code
- SEBI Registration Certificate
- ROC Registration Certificate
- Financial Statement Audited by CA
- Profit & Loss Account Statement
- Balance Sheet
- 6 Months Bank Account Statement
- Professional Practice License for Doctors, Consultants, etc
- Registration Certificate of Establishment for Shops, Factories, and Other Establishments
- Business Address Proof
3. Documents Required from all Non-Resident Indians (NRIs) Applicants
- Income Proof Documents for NRI
- Property Papers
- Property Documents
- Sale Deed
- Stamped Agreement of Sale
- Allotment Letter
- No Objection Certificate or NOC
- Housing Society
- Builder
- Possession Certificate
- Land Tax Receipt
- Construction Cost Estimate
- Bank Account Statement of Payment Made to Seller or Builder
- Payment Receipt of Payment Made to Seller or Builder
- Incase of resale property share certificate is required
- Occupancy Certificate
All applicable charges will be determined in accordance with the policies and regulations of the respective Bank and Non-Banking Financial Company (NBFC). The fees and charges associated with services, transactions, or financial products will be subject to the terms and conditions set forth by the specific institution. It is advisable to carefully review the fee structure, interest rates, and any other associated costs provided by the Bank or NBFC before availing any services or entering into financial agreements. Additionally, for the most accurate and up-to-date information, it is recommended to directly contact the institution in question or refer to their official documentation.
FAQs
Brzlego India provides Direct Selling Agent (DSA) services for a variety of loans, including Personal Loan, Home Loan, Business Loan, Education Loan, Loan Against Property, Doctor’s Loan, Car Loan, Two-Wheeler Loan, and Plot Loan.
Brzlego India has partnerships with ICICI Bank, HDFC Bank, LIC HFL, Chola, Aadhar Housing Finance, Fullerton Financial, Utkarsh Small Finance Bank, Jana Small Finance Bank, Lendingkart, and Faircent.
You can apply for a loan through Brzlego India by contacting our team or visiting our website. Our expert team will guide you through the application process.
Brzlego India offers a wide range of loans, including Personal Loan, Home Loan, Business Loan, Education Loan, Loan Against Property, Doctor’s Loan, Car Loan, Two-Wheeler Loan, and Plot Loan.
No, Brzlego India is not a financial institution. We are a Direct Selling Agent (DSA) facilitating loan services through our partner banks and financial institutions.
While credit scores are considered, each case is unique. Contact our team, and we will explore the options available for you.
The required documents vary based on the type of loan. Generally, proof of identity, address, income, and property documents are needed. Our team will guide you through the specific requirements.
The approval time varies depending on the type of loan and the documentation provided. We strive to ensure a quick and hassle-free approval process.
Yes, many of our partner banks allow prepayment of loans. However, terms and conditions may apply. Please check with our team for details.
We are transparent about the charges associated with loans. Our team will provide you with a clear understanding of all applicable fees and charges.
We are transparent about the charges associated with loans. Our team will provide you with a clear understanding of all applicable fees and charges.
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