We find ourselves at a crossroads of aspirations and opportunities as we embrace the spirit of Janmashtami, a festival commemorating the birth of Lord Krishna - a symbol of divine prosperity and joy. The auspicious occasion of Janmashtami can serve as a timely reminder that the path to our dreams is often set with smart choices, just as Lord Krishna's presence brought about an era of abundance and blessings.

Just as Lord Krishna's birth signified the arrival of positivity and abundance, this Janmashtami home loan brings an auspicious opportunity to welcome prosperity into our homes by making our dreams of owning a home a reality. Let us make this Janmashtami a truly auspicious occasion for welcoming in a future full of comfort and security.

Features And Benefits Of Buying Home Loan in Janmashtami

SMFG Grihashakti home loans offers with a host of advantages to help you ease the process of acquiring your dream home and plan your finances better:

1. Seamless Application Process: SMFG Grihashakti offers a 100% paperless, online application process to help you begin your loan application journey hassle-free.

2. Affordable Interest Rates: Depending upon your eligibility and our policies at the time of your loan application, we offer affordable and competitive interest rates to make your dream home an attainable reality this Janmashtami.

3. Flexible Tenure: We offer flexible repayment terms of up to 30 years with convenient EMI options that suit your financial needs.

4. Quick Loan Processing: SMFG Grihashakti provides home loans with quick processing, minimizing your waiting time to homeownership.

5. Online Calculators: We offer free-to-use online home loan EMI calculator and eligibility calculators to help you plan your finances better beforehand.

Eligibility

To qualify for a Janmashtami home loan from SMFG Grihashakti, please ensure that you meet the following basic eligibility criteria:

• The applicant must be between 21 and 65 years of age and a resident citizen of India.
• The applicant’s credit history must reflect a credit score of 700 or above.

For Salaried Individuals:

• Multinational cos/ listed public ltd cos/ govt.
• Organizations private limited cos/ closely held or unlisted companies/ partnerships/ proprietorship firms

For Self-employed Individuals:

• Self-employed individual businessmen/ sole proprietorship
• Self-employed professionals - doctors/architects/CAs
• Partnership firms


• Private limited companies/ closely held/ unlisted companies

Documentation

After checking your eligibility, in order to proceed with your home loan application, the applicant would be required to submit the following documents:

• PAN
• Proof of identity - PAN card, Voter’s ID card, Driving licence, Employee card
• Proof of residence - Aadhaar card, latest Electricity bill/ piped gas bill, Ration card, Property tax, Water bill.
• Co-applicant guarantor - KYC documents
• Account statements of the past 6 months

For salaried individuals, the following additional documents will be required:

• Last 3 months pay slips
• Form 16 for the last 2 years

For self-employed individuals or business owners, the following additional documents will be required:

• returns for the last 2 years.
• CA audited financials
• Balance sheet
• Proof of business existence - PAN, GST registration certificate, trade licence, partnership deed, articles of association/ memorandum of association, import/ export code, SEBI registration certificate, ROC registration certificate.

Property documents required for a home loan:

• A sales deed, stamped sales agreement of sale, or allotment letter
• NOC from the housing society or property developer
• Possession certificate and land tax receipt
• A detailed estimation of the construction cost
• account statement or payment receipt should outline all information related to any payments made to the property developer or seller
• Occupancy certificate (applicable for constructed apartments)

Conclusion

Just as Lord Krishna's birth marked an era of abundance and blessings, this Janmashtami presents an auspicious opportunity to bring your dreams to life and experience the joy of owning your dream home. At SMFG Grihashakti, we offer a 100% paperless application process, affordable interest rates that are tailored to your specific needs, flexible repayment terms of up to 30 years, and a quick loan processing time, demonstrating our commitment to empowering your journey to homeownership.

As you step into your dream home with SMFG Grihashakti by your side, may this auspicious occasion be the beginning of a future filled with the joy of homeownership. Apply now and make your dream home a reality with our Janmashtami home loan offers today!