Ummeed Housing Finance Home Loan
Ummeed Housing Finance Pvt. Ltd. offers home loans starting from @12.99% Interest rate, Loan amount up to Rs. 50 lakhs for tenure up to 15 years with quick approval, easy processing, and minimum paperwork.
Apply for Ummeed Housing Finance Home Loan @ 12.99% Interest Rates
Ummeed Housing Loan Details
| Loan Amount | Rs. 3 Lakhs to Rs. 50 Lakhs |
| Tenure | 2 to 20 Years |
| Rate of Interest | 12.99% |
| Processing Fee | Up to 1% of the loan amount |
| Lowest EMI | Rs. 1,171 Per Lakh |
Features and Benefits of Ummeed Housing Home Loan
- Loan available without formal income documents
- Quick approval
- Instant disbursal
- Friendly customer service
- Home loans available for house purchase/construction/renovation and plot purchase plus construction.
- Home loan balance transfer facility available.
- Loan available for salaried & self-employed borrowers.
- Guarantor not mandatory for home loan.
- Pradhan Mantri Awas Yojana (PMAY) subsidy available.
Additional Info: You can also avail Navi Home Loan
Ummeed Housing Finance Interest Rates
| Salaried | 12.99% |
| self-employed | 12.99% p.a. to 20.49% p.a. |
Ummeed Housing Home Loan Fees & Charges
| Processing fee | Up to 1% of the sanctioned loan amount |
| Document & service charges | Up to 3% of the sanctioned loan amount |
| Part prepayment charges |
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| Pre-closure charges |
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| Commitment fee | Up to Rs. 10,000 |
| Loan cancellation | Rs. 5,000 or 1% of the sanctioned amount, whichever is higher. |
| CERSAI charges | Up to Rs. 750 or as applicable |
| Penal charges for delaying the outstanding EMI/PEMI due deposit | 2.50% per month |
| PDC/ECS/ACH bounce | Rs. 600 per bounce |
| Switching fee | Up to 0.5% of the principal outstanding amount or Rs. 10, 000, whichever is lower. |
| Statement of Accounts/Duplicate NOC/Foreclosure Letter | Rs. 500 per statement |
| Repayment swap | Rs. 500 |
| Duplicate copy of the list of documents | Rs. 500 |
| Retrieval of copy of documents | Rs. 1,000 |
| Document custodian fee | Rs. 200 per month |
| Collection charges | Rs. 500 per collection |
*Applicable taxes will be levied over & above the charges mentioned above.
Additional Info: How to get Pradhan Mantri Awas Yojana
Ummeed Housing Home Loan Schemes
Home Purchase Loan
| Purpose | Purchase of house |
| Loan amount | Rs. 3 lakhs - Rs. 50 lakhs |
| Tenure | 2 years - 20 years |
Home Construction Loan
| Purpose | Construction of house on self-owned residential plot or extension of an existing home. |
| Loan amount | Rs. 3 lakhs - Rs. 50 lakhs |
| Tenure | 2 years - 20 years |
Plot Purchase Plus Construction Loan
| Purpose | Purchase of a residential plot and construction of a house thereon. |
| Loan amount | Rs. 3 lakhs - Rs. 50 lakhs |
| Tenure | 2 years - 20 years |
Home Loan for Renovation
| Purpose | For renovation work on an self-occupied house, including internal & external repairs, structural improvement, water proofing, painting, plumbing & electrical works, upgrading the flooring, tiling, constructing a compound wall, etc. |
| Loan amount | Rs. 3 lakhs - Rs. 7 lakhs |
| Tenure | 2 years - 10 years |
Home Loan Balance Transfer
This loan is available for transferring the balance of an existing Home Loan from another financial institution to Ummeed Housing Finance for house purchase, house construction, or plot purchase plus construction.
Additional Info: Also check Pan Number for Banks
Ummeed Housing Home Loan EMI Calculation
Calculating your Ummeed Housing Finance Home Loan EMI is extremely easy and quick. You can use the EMI Calculator available on their official website or our Home Loan EMI Calculator. Open either of the calculators, enter the loan amount, interest rate, and tenure of the loan to know your monthly EMI.
Additional Info: Also check SBI Home Loan EMI Calculator
Ummeed Housing Home Loan Eligibility
- Salaried as well as self-employed borrowers are eligible to apply for Ummeed Housing Finance Home Loan.
- Borrowers should be above 25 years of age when applying for the loan.
- The maximum age of the borrower should not be more than 65 years when the loan matures.
- Borrowers should have a bank account.
- Borrowers should be residing in a city where the lender has an office.
- Guarantors are not mandatory.
- All the owners of the property to be financed and all co-applicants whose incomes have been clubbed for the loan must be the co-applicants to the loan.
Additional Info: Looking for 50 Lakh Home Loan? Check EMI & Apply
Ummeed Housing Home Loan Documents
- Loan application form: Duly filled & signed.
- Identity proof: PAN Card, Voter’s Identity Card, Passport, Aadhaar Card (any one).
- Date of birth proof: Birth Certificate, Passport, PAN Card, High School Certificate (any one).
- Address proof: Electricity Bill, Ration Card, Aadhaar Card (any one).
- Banking documents: Bank statements passbook for the last 6 months.
- Income proof documents: If available.
- Property documents: Required if property is identified. For home construction loan and renovation loan, borrowers should provide the Construction Estimate.
Additional Info: Looking for 25 Lakh Home Loan? Check EMI & Apply.
How to apply for Ummeed Housing Finance Home Loan
- You can apply for a Home Loan at Ummeed Housing Finance by visiting their nearest branch.
- You can also apply online at MyMoneyMantra by:
- Visiting the Home Loan page.
- Filling & submitting the required details on the online loan application.
- Once your application is submitted you will receive a call from the loan representative regarding documents pick up.
- On successful documents and information verification, your loan application will be approved and you will receive a loan agreement.
- If you agree with all the terms of the home loan agreement, you will have to submit a processing fee cheque, after which your loan amount will be sanctioned and disbursed.
Additional Info: You can also Check Banglarbhumi West Bengal Land Record
Ummeed Housing Finance Customer Care
You can contact Ummeed Housing Finance Customer Care by calling at +91-1244836480, 18002 126 127, +91-8287991991.
You can also send your query at customercare@ummeedhfc.com or enquiry@ummeedhfc.com.
Additional Info: You can also avail Canfin Home Loan
Ummeed Housing Finance FAQs
Ummeed Housing Finance does not provide moratorium on home loans.
You can improve your chances of getting a higher loan amount by maintaining a high CIBIL score (750 or above), by including the income of co-applicants (your spouse and blood relatives) for the loan, by clearing your existing debts or by increasing your income.
Yes, the Ummeed Housing Finance offers home loan balance transfer facility for house purchase, house construction, or plot purchase plus construction.
Ummeed Housing Finance offers a maximum loan term of 20 years within which you have to repay your home loan.