Aditya Birla Home Loan

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About Aditya Birla

Aditya Birla Finance Limited (ABFL), a part of the Aditya Birla Financial Services Group (ABFSG) is one of India's most reputed Non-Banking Financial Companies (NBFC). The company was incorporated in 1991 and got certified as ISO 9001:2008 across all its core functional processes in March 2013 by BSI (a leading global business services organization). It offers customized solutions in Capital Market, Commercial Real Estate & Mortgage, Infrastructure Project & Structured Finance, Corporate Finance, etc.and also specializes in wide range of financial offerings such as Life Insurance, Asset Management, NBFC, Private Equity, General Insurance, etc.

About Aditya Birla Home Loan

Aditya Birla provides Home Loan in the following formats-

  • Home Loans
  • Home Extension Loans
  • Home Improvement Loans
  • Plot and Home Construction Loans
  • Home Construction Loans

Aditya Birla Home Loan Features & Benefits

  • Attractive interest rates
  • Loan tenure of up to 30 years
  • Quick and transparent loan processing
  • Choice between simple EMIs and structured repayments
  • Nil pre-payment charges for floating rate home loans given to individuals
  • Attractive balance transfer option available

Aditya Birla Home Loan Fees & Charges

 Fees Type Amount
  •  Loan Processing /Administration Fee
  • Upto 1% of the loan amount
  • Pre-payment Charges-
  • Pre-closure is allowed after 12 months from loan
  • disbursement date for Long Term Loans.
  • Any part pre-payments made in the last 12 months prior to closure will be counted towards the pre-closure charges.
 
  • Floating rate Home Loans are given to individuals, where all applicants and co-applicants are individuals: Nil
  • Other Home Loans: 2% of principal outstanding
  • Other Charges: Default Penal Interest Rate / Non-Conformance with any covenants / stipulated conditions
  • 24% p.a. i.e. 2% per month

Aditya Birla Home Loan Eligibility Criteria

  • Minimum age of applicant - 21 years; Maximum age of applicant at loan maturity - 60 years
  • Loan to property value -

       1. Up to 30 Lakhs- 90 % of property's market value is funded

       2. 30 Lakhs to 75 Lakhs- 80 %of property's market value is funded

       3. More than  75 Lakhs- 75 %of property's market value is funded

 

  • Interest Rate 8.65% - %
  • Loan Amount20L - 30Cr
  • Processing Fee 0.5% - 0.75%
  • TenorUpto 30 Years

  • Quick Apply

Documents Required for Aditya Birla Home Loan

  • Proof of Identity and Address (Passport/ Voter's ID card/ Driving License / Job Card issued by NREGA/ Adhaar Card/ PAN card (only as identity proof) or any other document as acceptable to ABHFL)
  • Proof of Income: 

          1. Salaried:  Last 3 months salary slip showing all deductions and  Form 16

          2. Self- Employed: IT Returns or financial documents for last 2 years and                  computation of income certified by a CA for last 2 years

  • Last 6 months bank statement where salary or income is credited
  • Proof of other Income (Rental receipts/ documents showing receipt of income)
  • Property Documents (Copy of Title documents and approved sanction plan)

Other Available products from Aditya Birla

  • Business Loan
  • Home Loan Balance Transfer
  • Loan against Property

EMI CALCULATOR

EMI Calculator

EMI Calculator

Loan EMI

Total Interest Payable

Total of Payments
(Principal + Interest)