Home Loan In Bengaluru
Own A House In Bengaluru With SMFG Grihashakti Home Loans
Bengaluru, the shining silicon valley of the country, is a great destination for living. Bengaluru entirely accounts for software exports for Karnataka. This attracts people from all over India to reside in Bengaluru thereby giving rise to umpteen opportunities for a home loan in Bengaluru. SMFG Grihashakti is a home loan provider in Bengaluru that helps you meet your dreams.
SMFG Grihashakti special features!
A SMFG Grihashakti home loan in Bengaluru can go up to 90% of the property value. An attractive home loan interest rate is offered to borrowers based on their eligibility and SMFG Grihashakti’s policy at the time of loan application. You can also stretch your repayment tenure up to 30 years* to make it comfortable on your wallet.
Features and Benefits of Home Loan in Bengaluru
From attractive interest rates and flexible repayment tenures to quick loan disbursals, a home loan at SMFG Grihashakti comes with plenty of benefits.
Attractive Interest Rates
Based on eligibility and SMFG Grihashakti’s policy at the time of loan application, salaried applicants can get interest rates starting at 10% per annum*. For self-employed applicants, interest rates start at 11% per annum.
Flexible Repayment Tenures
We offer a repayment tenure of up to 30 years*, so that you get a flexible period to plan your EMIs.
Online Application
Our convenient, self-explanatory online application process makes it easy to apply for a home loan from anywhere.
Swift Loan Processing
Meeting your housing finance needs is easier with our quick 72-hour* loan processing. Please note that the time is subject to your eligibility as well as the successful verification of your loan documents.
Easy-to-use home loan calculators
We offer EMI, eligibility, and prepayment calculators. They will help you plan your monthly installments based on different interest rates and tenures, check the maximum amount you may be able to borrow, and see the benefits of making part prepayments.
SMFG Grihashakti Housing Loan has special features:
You can opt for an easy online application procedure for your home loan application. To apply online, click on the ‘Apply Now’ button on this page, and thereafter follow a few steps that are simple to understand. You can keep a scanned copy of your documents handy for a quick upload. If you prefer to apply offline, then you can visit our Bengaluru branch and the representatives will take you through the process seamlessly.
Minimum home loan documents:
Home loan documentation list with SMFG Grihashakti is crisp and easy to understand. Once you sign the application form, you need to provide the following documents:
Property related documents will also be requested.
*Terms and conditions applicable. Loans are sanctioned at the discretion of SMFG Grihashakti. Please note that Aadhaar numbers should be masked before submission as per regulatory guidelines.
Home Loan Eligibility:
You are eligible to apply for SMFG Grihashakti home loan in Bengaluru as a salaried or a self-employed individual. Some of the basic eligibility criteria for a home loan are:
- Salaried applicants must be earning at least INR 1,20,000 per annum. They should have a work experience of at least 1 year.
- Self employed applicants must be earning a minimum annual profit
- CIBIL score of at least 700, with a good repayment history
- Age should be at least 21 years at the age of loan application and not more than 65 years by the time of maturity
Final eligibility will be determined based on several other factors including Grihashaki’s policy at the time of loan application.
Home Loan EMI Calculator
A home loan EMI calculator lets you evaluate your monthly outflow as a result of the home loan EMI by inputting basic details. You just need to enter the rate of interest, loan amount, and repayment tenure. You can even alter these multiple times to know your desired EMI.
Home Loan Eligibility Calculator
A Home loan eligibility calculator gives you your maximum loan eligibility amount based on a few important details. Once you key in your details, you get your result in a few seconds. This helps you in better clarity and understanding for your future home loan.
Home loan interest rates
Your home loan provider in Bengaluru, SMFG Grihashakti offers attractive home loan interest rates customized as per your eligibility, profile and requirement. We offer flexible repayment tenures of upto 30 years, thereby enabling you to get your dream home.