Getting a home loan from us is quick and simple. With financing and expert advice from IIFL, you can also be a proud homeowner. Whether you are salaried or self-employed, you can get a home loan with competitive interest rates for the purchase of row houses, bungalows, flats, and even plots. Faster processing and affordable EMIs make IIFL home loans the perfect choice for new or experienced home buyers. We also offer expert legal and technical counselling to make the home buying process that much easier. Let us lend you a helping hand in making your dream come true.
If you are an Indian citizen between the ages of 18 to 75, and are either salaried or self-employed, you can apply for a Home Loan from IIFL Home Finance Limited.
The minimum home loan amount that you are eligible at IIFL Home Finance depends on your income. The higher your annual income, the more you can obtain. Additionally, if you have a good credit score and history, you have a better chance of securing a higher loan amount.
Shakthi Loan, offered by IIFL Home Loan, is a specialized Loan Against Property tailored for India's unorganized and small businesses. This loan aims to address the financial needs of these businesses and empower them to thrive. Shakthi Loan Against Property provides business owners with easy access to funds, allowing them to scale up their day-to-day operations. This contributes to the inclusive growth of underserved and informal sections of society that often struggle to obtain quick and convenient credit facilities from traditional banking and financial institutions.
To avail a home loan at IIFL Home Finance, a minimum CIBIL score of 660 is required, subject to approval and other eligibility criteria of the borrower.
Before applying for a secured business loan at IIFL Home Finance, ensure you meet the eligibility criteria. Borrowers must be Indian residents, aged 21 to 70, and can be salaried or self-employed. A co-applicant, such as a partner, relative, or private company, can enhance eligibility. Eligible borrowers include shopkeepers, wholesalers, retailers, and small enterprises. Collateral properties include residential, commercial, and industrial, with Loan to Value up to 65%.
