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Reliance Home Loan

Attractive rates with best-in-class features and benefits make the experience even more pleasant. The simple EMI’s per tenor you choose, makes paying back your loan an absolute breeze. Ensure quick approvals, service of the highest quality and simple documentation to make sure that taking a is as pleasant as moving into your new home.
• You can get Maximum amount for purchase of your dream home
• Higher loan eligibility
• They cater to all your needs whether you are salaried or Self Employed
• Enjoy the flexibility of choosing your loan tenor
• Easy repayment option by way of simple EMIs
• Special 'No income document' program
• Lowest home loan interest rates.

Reliance Home Loan & your CIBIL score absolutely FREE.

Loan Amount
Annual Income
54,02,013 loan quotes taken till now.
► Home Loan Rates starts from As low as 6.70%
► Compare Top Banks – SBI, HDFC Ltd, ICICI Bank, PNB Housing etc.
Reliance Home Finance Interest Rates for the Month:
Interest rates starts from 9.55%.

Reliance Home Loan Features:

  1. No income proof scheme available.
  2. Customized loan solutions.
  3. Loan tenure upto 25 years.
  4. Balance Transfer at attractive interest rate.

Reliance Home Loans – Eligibility:

  1. Minimum Age of Applicant: 21 years.
  2. Business / Service Continuity.
  3. Residency Stability.
  4. Minimum Gross Annual Income of Rs 200,000.
  5. Salaried / Self employed professional and Self employed non professional.

Who can avail of Home Loans from Reliance Home Finance?

Salaried individuals in the age group of 21 to 58 or 60 years depending upon retirement age. Self-employed individuals in the age group of 21 to 65 years (at the end of the loan tenure) . Partnership Firms & Private Ltd. Companies. Which Products can be financed?
  1. Residential Property Purchase.
  2. Balance Transfer cum Top Up.
  3. Existing Customer Top Up.
How much finance can I avail of? To be updated as : You can borrow up to 80% of the property value towards purchase of your dream home for home loans upto Rs. 75 lacs and 75% of property value for home loans above Rs. 75 lacs. What are the tenure options? Home loans range from a minimum of 3 years upto a maximum of 20 years. How long will it take to process the loan? Loans are processed within 2 working days of completing the documentation. Do I have the option of pre-paying the entire loan amount? Yes.One can pre-pay the loan at any time, after availing the loan. How do I repay the loan ? You can make part pre-payments of a minimum amount of Rs 50,000 anytime after the date of first disbursement of the loan. Electronic Clearing System (ECS) OR Post dated cheques (PDCs) What are the stages involved in availing a loan? The stages involved are:
  1. Application
  2. Processing
  3. Documentation
  4. Sanctioning of the loan
  5. Disbursement
Reliance Home Loans - Fees & Charges
Loan Processing Charges 1% of loan amount + Service Tax
Non Refundable processing fees (included in processing fees) Rs.3000
Cheque bounce charges Rs.450
Late Payment charges 3% pm on unpaid amount
Cheque swapping charges Rs. 500 per swap
Prepayment charges Nil repayment charges for loans with floating rate of interest.

Documentation :-
• Application form
• Passport copy / PAN Card / Ration card
• Passport sized photographs of all applicants / co-applicants
• Latest Form 16 and 3 months salary statement
• Latest 6 month bank statement
• Repayment track record, if any

Sole Proprietor/Partnership/Pvt Ltd company
• Application form
• Passport copy / PAN Card / Ration card
• Passport sized photographs of all applicants / co-applicants
• Certified copies of MOA / AOA /Partnership deed
• Repayment track record
• 2 years audited financials
• 2 yrs ITR of directors/partners
• 6 months bank statement of main operating account
• Professional qualification certificate in case of Doctors / CA / Lawyers / Architects

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Disclaimer : Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.

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