Reliance Capital Ltd 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

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.

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

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