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 |
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Turnaround Process |
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Eligible Applicants |
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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:
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Customised Home Loan: The borrower can apply for a home loan from Reliance Capital as per his requirement based on his profile and location.
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Longer Home Loan Tenure: Reliance Housing Finance offers a home loan for a longer tenure that can go up to 30 years.
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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.
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Balance Transfer: The borrower can transfer his existing home loan from another bank to Reliance Housing Finance to save on interest cost.
Reliance Housing Finance Eligibility Criteria
Eligibility criteria for Reliance Housing Finance are mentioned below:
Eligibility Criteria | Salaried Employees | Self-Employed |
Age |
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Credit Score |
Good credit score e.g. 650 and above |
Good credit score e.g. 650 and above |
Loan To Value (LTV) |
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Other factors that affect the loan eligibility are:
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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.
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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.
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) |
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Address Proof (Anyone) |
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Signature Proof |
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Income Proof and Financials |
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Job Proof and Office Address Proof |
Appointment letter or confirmation letter in case the job tenure if less than 1-year |
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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 |