Aadhar housing finance Home Loan
Apply for Aadhar Housing Finance Home Loans up to 1 crore for 5 to 30 years at competitive interest rate starting from 11.75% - 17.00% p.a onwards. Aadhaar Housing Finance offers tailored housing loan schemes for salaried and self-employed borrowers working in formal & informal sector. Expect flexible terms, easy eligibility, nominal processing fees & minimal documentation requirement.
Apply for Aadhar Housing Finance Home Loan @ 11.75% - 17.00% Interest Rates

Aadhar Housing Finance Details
Following are the Aadhar Housing Finance fees & Charges:
Loan amount | Up to 90% of Property Value |
---|---|
Rate of interest | 11.75% - 17.00% |
Tenure | Up to 30 years |
Lowest EMI possible | Rs. 1,009 Per Lakh |
Processing fee | NIL |
Foreclosure Charges | Nil for floating rates |
Penal Interest Rate | 2% per month |
Aadhar Housing Finance Interest Rate
Profile | Home Loan Interest Rates |
Salaried | 11.75% - 17.00% |
Self employed | 12.75% to 17.00% |
Features and Benefits of Aadhar Housing Finance
Opt for Aadhar Home loan if you are looking for best housing finance companies & best banks for home loans. You will enjoy following benefits & features-
- Tailored home loans for purchase, construction, renovation or extension of a residential plot or house.
- Most profiles including salaried, business owners & self-employed without formal documents can apply.
- Easy funding for up to 80% of the property's value, subject to maximum of 1 Crore.
- Choose repayment tenure ranging from 5 to 30 years.
- Balance Transfer & Top Up facilities are available.
- Competitive interest rates with flexible documentation starting at 11.75 % p.a.
- Aadhar Housing Finance processing fees range up to 1.5% of the loan amount.
Types of Home Loans Offered by Aadhar Housing Finance
Aadhar Housing Finance Home Loan
- Regular home loan for salaried & self-employed borrowers.
- Home loan sanction up to 80% of the property value.
- Aadhar Housing Finance rate of interest for regular home loan starts from 11.75% - 17.00% p.a.
- Home loan tenure can be extended up to 30 years.
- Maximum home loan amount is sanctioned up to Rs. 1 Crore.
Aadhar Housing Finance Home Improvement Loan:
- Aadhar home loan scheme for home improvement/ renovation of a pre-owned/ self-occupied residential unit.
- Funding is available for 100% cost as certified by the technical officer, subject to 80% of the market value of property.
- Adhar Finance Home Loan Interest Rate for home improvement starts from 11.75% - 17.00% p.a.
- Maximum loan tenure for home improvement loan is up to 20 years.
- Loan sanctions can go up to Rs. 1 Crore.
Aadhar Housing Finance Home Extension Loan:
- Home loan product for carrying out extension of pre-owned homes.
- Available to existing as well as new customers.
- Approval up to 100% cost of the project, as certified by technical officer, subject to 80% of property value.
- Aadhar Housing Finance Home Extension Loan Interest rates start from 11.75% - 17.00% p.a.
- Maximum loan tenure can range up to 20 years.
- Get Adhar Finance Home Loan sanctions for up to Rs. 1 Crore for extensions.
Aadhar Housing Finance Loan for Plot Purchase and/ Construction:
- Home loan for purchasing residential plot for construction or investment purpose.
- The plot should be a non-agricultural land, situated within a Municipal/ Local Development Authority.
- Plot loan is sanctioned for up to 70% of the property value.
- In case of plot purchase & subsequent construction, approval is offered for up to 80% of the property value.
- Aadhar Finance home loan interest rate for plot purchase and/ construction starts from 11.75% p.a onwards.
- Maximum loan tenure for plot loan is up to 15 years.
- Maximum loan amount is up to Rs. 1 Crore.
Aadhar Housing Finance Balance Transfer Loan:
- Facility for existing home loan borrowers.
- Option to transfer your home loan from another Bank/ HFC to Aadhar Housing Finance at lower interest rates.
- You can avail additional top-up loan & extend tenure.
- Regular home loan benefits apply.
Pradhan Mantri Awas Yojana (PMAY)
- PMAY is a government backed scheme for first time home buyers.
- It offers credit linked housing finance subsidy to urban & rural poor across India.
- The borrowers can save up to Rs. 2.67 lakh per year on repayment of home loan interest.
- The eligibility criteria are as directed by the central government.
- The subsidy benefit is directly provided to your Aadhar home loan account.
Aadhar Housing Loan Eligibility
Aadhar Housing Loan offers customised home loans according to profile. The borrower needs to meet the following eligibility criteria to apply for a home loan for buying, constructing or renovating a residential property.
- The applicants with legal income source and limited documentation can qualify. For instance, salaried borrowers such as 3rd or 4th grade employees in private firms or government departments such as police, defence, municipality and self-employed business owners/ professionals including plumber, carpenter, electricians, masons, auto-rickshaw drivers can apply and qualify for Aadhar home loans.
- Loan eligibility is assessed according to profile, work stability & experience and up to 80% of property value.
- The borrower’s age during the tenure should be between 18 to 60 years for salaried & 18 to 70 years for self-employed.
- Use Aadhar Housing Finance Home Loan Eligibility Calculator to instantly assess home loan eligibility. To use a calculator, share primary applicant & co-applicant’s monthly income and existing EMIs along with home loan tenure, interest rate.
Additional Info: Also check Aadhar Housing Finance Home Loan EMI Calculator
Documents Required for Aadhar Home Loan
Aadhar Housing Finance requires minimal documentation for approving Home Loans. Here is the list of Aadhar Housing Finance Home Loan document list requirement-
Salaried Individuals
KYC:
Identity proof (copy of any one): Aadhar Card, PAN Card, Passport, Voter’s ID Card, Driving License
Residence Proof (copy of any one): Passport, Electricity Bill, Telephone Bill, Ration Card, Letter from Employer
Income Proof:
Salary slip for last 3 months or Salary Certificate
(for including variable components & incentives salary slips of 6 months are required)
Age Proof:
Class X certificate or Birth certificate
Others:
- Copy of bank pass books/ bank statements for last 6 months including first page
- Company profile for lesser known organizations
Self - Employed: Business owners & Professionals
KYC: As above
Income Proof:
- Copy of last 3 Years’ Income Tax Returns
- Computation of income, last 3 Years’ Balance Sheet and Profit & Loss Account
- (duly attested by CA)
- Brief business profile on the letter head (including front page)
- Others:
- Last year’s Bank Statement for Savings A/c & Current A/c
- Copy of Shop & Establishment License / VAT Registration or any other mandatory license / registration
- Copy of the Partnership Deed (as applicable)
- Copy of tax deduction certificate / Form - 16A (as applicable)
- Details of Contract (as applicable)
- Copy of Advance Tax paid / self-assessment tax paid challan
Additional documents required by self-employed professionals
- Copy of Educational Qualification Certificate
- Copy of Professional Practice Certificate
- Salary Certificate (in case of doctors drawing salary)
*Submit only copy of these documents. Do not submit original documents. Originals are used for verification purpose only.
Aadhar Housing Finance - Processing Fee & Other Charges
Let’s walk through Aadhar Housing Loan fees & charges below:
Purpose | Fee/ Charge (in Rs) |
---|---|
Login fee (non-refundable) | Rs. 3500 |
Documentation charges | Rs. 2000 to Rs. 5000 |
Legal, valuation and technical charges | Rs. 3000 to Rs. 5800 |
CERSAI creation charges | Rs. 100 |
Total administrative charges (inclusive of documentation, legal valuation, technical & CERSAI charges) | Home Loan/ Top Up: Rs. 5100 or 1.5% of sanction amount (whichever is higher) LAP/ NIP/ Project Loan: Rs. 5100 or 2% of sanction amount (whichever is higher) |
Subsequent technical verification (Construction Cases) | Rs. 500 |
Cheque/ ECS/ Direct Debit/ ACH Bounce (per instance) | Rs. 500 |
Additional interest on default instalment – (EMI/PRE-EMI) | 2% of due amount |
Recovery (Legal/ Possession & Incidental Charges) | As per actuals |
Cheque/ Ecs/ Direct Debit/ Ach Swapping (per set) | Rs. 500 |
Prepayment/ part payment | Home Loan/ LAP at flexible or variable rate: NIL For Home Loan/ LAP at fixed rate: 2% of the loan outstanding (including for amount prepaid through refinance & not through own source) For Project Loan: 2% of the loan outstanding |
Document handling | Rs. 2000 |
Statement copy | Rs. 500 |
Switch fees | Fixed to variable: 1% of outstanding Variable to fixed: 1.5% of Outstanding |
Conversion Fees (Switching to Lower Rate under Variable Home Loan Product) | 0.50% of the principal outstanding & undisbursed amount (if any) |
Insurance charges | as per actuals |
*GST applicable on all fees & charges
Aadhar Home Loan Approval and Disbursement Process
Aadhar Housing Finance follows a customer-friendly approval & disbursement process. Here is a step by step process followed by AHFL for home loan applications.
Step 1: Assessment
The credit team conducts income verification & validates information submitted along the application. Following successful assessment of documents, a credit check is performed to further assess credit score, credit history & creditworthiness.
Step 2: Conditional Sanction
On completion of the initial assessment, Aadhar Housing Finance will offer a conditional sanction letter listing out the terms and conditions. The lender expects acknowledgement & consent from the applicant(s). The team will also assist & guide the applicant(s) for further documentation, if required.
Step 3: Security Assessment
This step involves technical & legal assessment. A technical officer from the HFC will carry out the valuation of the property/ collateral security. Further an assigned lawyer will examine the property documents and prepare a legal scrutiny report.
Step 4: Loan Disbursement
On according the final sanction, the company executive calls on the applicant to complete the documentation formalities and submit the final processing fee via a cheque favouring Aadhar Housing Finance Ltd.
Aadhar Housing Finance Customer Care
You can contact Aadhar Housing Finance through the following ways:
Toll-free number: 1800-300-420-20
Email: customercare@aadharhousing.com
Corporate Office Address:
Aadhar Housing Finance Ltd, 201, Raheja Point-1, Near Shamrao Vithal Cooperative Bank, Nehru Road, Vakola, Santacruz East, Mumbai 400055
Tel No - 022-39509900, Fax - 022-39509934
Registered Office Address:
2nd Floor, No 3, JVT Towers, 8th A Main Road, Sampangi Rama Nagar, Hudson Circle, Bengaluru, Karnataka, 560027
Aadhar Housing Finance Home Loan FAQs
You can instantly calculate Aadhar Housing Finance EMI using Home Loan EMI Calculator. Share loan details like loan amount, tenure & interest rate and the calculator will fetch the instalment amount with details of a interest as well as principal component.
You can apply for Aadhar Housing Finance Home Loan online or offline according to your choice. The online application establishes instant communication with the NBFC & you can get immediate in-principal approval. Do provide required documents for faster sanction as well as disbursal.
There are no prepayment charge applicable for Aadhar Home Loan on floating basis. However for a home loan repayment during the fixed rate term, applicable prepayment charges are levied.
To improve home loan amount eligibility for Aadhar Housing Finance, add a co-applicant. The NBFC allows you to add eligible co-applicants from multiple states so that you can conveniently improve the loan amount for home purchase & construction needs.
Both individual as well as co-applicants can claim a deduction for repayment of home loan interest rate for up to Rs 2 lakh and also for principal amount up to Rs 1.5 lakh u/s 80C in individual tax returns.
Aadhar Housing Finance offers home loans for a minimum of 5 years and the maximum of 30 years. Self-employed borrowers can get extension till 70 years of age, particularly up till working age as business owners/ professionals.
You can apply for Aadhar Housing Finance Home Loans up to 1 crore. However loan eligibility is determined basis loan purpose, repayment capacity, current liability and property value. In general, loans are approved for up to 80% of property value. Subject to fulfilment of this criteria, you can avail home loans for 100% construction/ renovation cost.