Title: Home Loan Guide 2025 – Eligibility, Documents, Process & Best Tips

🏠 What is a Home Loan?

Home Loan ek long-term loan hota hai jise banks ya NBFCs ghar kharidne, banwane ya renovate karne ke liye provide karte hain. Ye loan aapki property ke against secure hota hai.

⭐ Home Loan Features

Low interest rates
Long repayment tenure (up to 30 years)
Tax benefits
Minimum documents
High loan amount approval

📝 Eligibility for Home Loan

Age: 21 to 65 years
Indian resident
Stable income (salary/business)
Clean repayment history
Minimum CIBIL 650+ (bank to bank vary)

📄 Documents Required

For Salaried:

Aadhaar + PAN
Salary slips (3–6 months)
Bank statement (6–12 months)
Form 16
Property papers

For Business/Self-Employed:

Aadhaar + PAN
ITR 2–3 years
GST / Business documents
Bank statement
Property papers

📉 Home Loan Interest Rates (Approx)

Banks: 8.25% – 10.50%
NBFCs: 9% – 12.50%

💰 Processing Fees

Banks: ₹2,000 – ₹10,000
NBFC: 0.5% – 1% of loan amount

🏦 Home Loan Process (Step-by-Step)

Application submit
Document verification
CIBIL check
Income assessment
Property verification
Sanction letter
Loan disbursal

❓ FAQ – Home Loan

Q1: Minimum CIBIL score kitna chahiye?
650+ recommended, par NBFC lower score par bhi consider karte hain.

Q2: Salary kam hai to kya loan milega?
Yes, co-applicant add karke approval chances badh jaate hain.

Q3: Cash salary wale apply kar sakte hain?
Yes, but NBFC hi mostly consider karte hain.