RELIANCE Capital Ltd Home Loan

About Reliance Housing Finance

Reliance Home Finance is India's leading financial services companies serving thousands of customers across 99 locations. The company offers full-fledged mortgage services including affordable home loan, High Value Home Loans, Loan Against Property, Construction Financing, property services and property valuation services.

About Reliance Housing Finance

Key facts about Reliance Capital Home Loan:

Reliance Capital Home Loan	�
� Loan Amount	Minimum 20 Lakhs Maximum 10 Crores
� Turnaround Process	Loan sanction within 48 hours of filing a complete loan application
� Eligible Applicants	Salaried individuals Self-Employed Professionals and Business Men
� Reliance Capital Home Loan Interest rate	� Starting at 10%
� Loan Processing Fee	� Up to 1% of the loan amount
� Reliance Capital Home Loan tenure	� Up to 30 years

Reliance Housing Finance Features and Benefits

Reliance Housing Finance offers several features and benefits that are mentioned below:

Customised Home Loan: The borrower can apply for a home loan from Reliance Capital as per his requirement based on his profile and location.
Longer Home Loan Tenure: Reliance Housing Finance offers a home loan for a longer tenure that can go up to 30 years.
No Income Proof: Customers can take advantage of special programs available in Reliance Housing Finance. For e.g. no income program when an individual is not required to furnish any income proof if they fulfil the eligibility criteria.
Balance Transfer: The borrower can transfer his existing home loan from another bank to Reliance Housing Finance to save on interest cost.

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Reliance Housing Finance Eligibility Criteria

Eligibility criteria for Reliance Housing Finance are mentioned below:

Eligibility Criteria	Salaried Employees	Self-Employed
� Age	21 years at the time of applying for a loan 60 years at the time of loan maturity	21 years at the time of applying for a loan 65 years at the time of loan maturity
� Credit Score	� Good credit score e.g. 650 and above	� Good credit score e.g. 650 and above
� Loan To Value (LTV)	� 75% of the property value. However, the amount varies based on the location and valuation of the property.	75% of the property value. However, the amount varies based on the location of the property.

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Other factors that affect the loan eligibility are:

Income: Income is one of the most important factors that affect home loan eligibility. Income of the borrower affects the loan amount. High income can get the borrower a high loan amount.
Job Stability and Profession: The borrower must have a relevant number of working experience with the current organization he is working. In case of business, it should be in continuance for a relevant period of time.

Interest Rate 9.25% - 10%
Loan Amount 20L - 10Cr
Processing Fee 1%
Tenure20 Years
Quick Apply

Reliance Housing Finance Documentation

The list of documents required for a Home Loan from Reliance Housing Finance is:

Document	Salaried Employees	Self-Employed
� Identity Proof (Anyone)	Aadhar Card PAN Card Passport Valid Driving License Voter's ID Card Government ID proof with the applicant?s photo (For Govt. employees) �	Aadhar Card PAN Card Passport Valid Driving License Voter's ID Card �
� Address Proof� �(Anyone)	Passport PAN Card Voter's ID Card Latest Utility Bill (Telephone, postpaid mobile bill, electricity bill) Property tax receipt Bank or post office savings account statement Letter of Allotment of accommodation issued Leave or license agreement issued by government � �	Passport PAN Card Voter's ID Card Latest Utility Bill (Telephone, postpaid mobile bill, electricity bill) Property tax receipt Bank or post office savings account statement Letter of Allotment of accommodation issued Leave or license agreement issued by government�
� Signature Proof	Driving License Passport Voter's ID Card Banker's Verification Registered Sales Deed Govt. Employee ID	Driving License Passport Voter's ID Card Banker's Verification Registered Sales Deed Govt. Employee ID
� Income Proof and� �Financials	Salary Slips of last 3 months Form 16 for last 2 years Bank statement for last 6 months �	Copy of ITR, Balance Sheet, Profit and Loss statement of last 2 years certified by CA Bank statement of last 6 months �
� Job Proof and Office� �Address Proof	Appointment letter or confirmation letter in case the job tenure if less than 1-year	Partnership deed for Partnership firm MOA/MOM in case of company Office address proof Tax audit report

Reliance Housing Finance Fees and Charges

The NBFC charges following fees for a home loan:

Fee Type	�
� Processing Fee	�Up to 1% of the loan amount
� Pre-payment Charges	�Fixed amount 200/-
� Overdue Interest	�3% per month on the unpaid amount