Fulfill your dream of owning a home with us.

Tema Fintech   Home Loan comes with a host of benefits such as smaller EMIs where you can space out your payment over a longer tenure, attractive interest rates, an easy application process, doorstep service, etc. 

dl.beatsnoop.com-1638334398.jpg

Our Banking Partners

Tema-Banking-Partners.png

Powered by Andromeda Sales & Distribution

EMI Calculator

Features and Benefits

Own a home of your own. Enjoy easy home loan eligibility norms and get a home loan in as less as 72 hours for a property of your choice – whether you are salaried or self-employed

small emi.png

Smaller EMIs

minimum amount1.png

Min Loan Amount
Rs. 5 Lakhs

repayment1.png

No Pre-Payment
Charges

interest-rate.png

Floating & Fixed
Interest Rates

Standard Eligibility  Criteria

India    Housing Company Home Loan offer a host of benefits to help you fulfil your dream of owning a home. Find out about the eligibility criteria for the   Home Loan  below:
 

Salaried individuals eligible for home loan

  • Individuals in permanent service in the Government or reputed companies fall under the home loan eligibility criteria.

  • Applicants should be above 21 years of age at the time of loan commencement and up to the age of 60 or superannuation, whichever is earlier at the time of loan maturity. You can check the amount you need to pay as EMI with the Home Loan EMI Calculator.
     

Professionals eligible for home loan

  • Professionals (i.e., doctors, engineers, dentists, architects, chartered accountants, cost accountants, company secretary, and management consultants only) meet the  Home Loan eligibility criteria.

  • Applicants above 21 years of age at the time of home loan commencement and up to 65 years or less at the time of home loan maturity meet our home loan eligibility criteria.
     

Self-employed individuals eligible for home loan

Any individual filing income tax returns can apply

Applicants should be above 21 years of age at the time of the commencement of the home loan and up to 65 years or less at the time of maturity of the home loan


 

Home Loan Borrowing Limits

Minimum - Rs. 5    lakhs
 

Margins

For home loan upto Rs. 30 Lakhs - 10%
For home loan above Rs. 30 Lakhs upto Rs. 75 Lakhs - 20%
For loan above Rs. 75 Lakhs - 25%

 

Submit the documents  and get a Home Loan / Loan Against Property sanctioned in 5 days!
 

Frequently asked questions

How do Home Loans work?


Home loans help you with a lump-sum advance of funds towards buying your desired property, this amount will be repayable with interest. However you can re-pay the amount advanced via EMIs (Equated Monthly Installments), thus enabling you to approach realizing your home dream in a convenient and structured way.




What are the tax benefits on home loans?


Availing a home loan may grant you to the following tax benefits The repayments (EMIs) towards the principal loan amount availed are eligible for a tax deduction upto Rs 1.5 lakh, under section 80C of the Income tax Act 1961. While Section 24(b) of the Income Tax Act 1961, provides for a deduction on the interest portion of home loan EMIs up to Rs. 2 lakh per annum. However if the house purchased is a “let out property” i.e. is rented out. the deductions can apply for the entire interest payable. Additionally first time home buyers may be eligible for further deductions under Section 80EE, upto Rs.50,000/- per annum after they’ve exhausted the limit for interest per Section 24(b) For loan taken towards re-development, reconstruction or renovations of property, the amount eligible for tax deduction is set at Rs.30000 irrespective of it being used to stay or let out.




What are different types of home loans?


Indian Housing Company provides a selection of Home loans designed to meet every client’s investment patterns. In addition to advancing loans for constructions of property, purchase of constructed residences and loan for top-ups for existing loans and redevelopment etc., our variants also include options for repayment and subsidy benefits.




How do I improve my chances of getting a home loan


Improve your credit score by creating a reasonable track record of timely repayments so that you achieve a high credit score which would improve your prospects of getting a home loan.
Obtain your credit report periodically, say once or twice in a year, verify the same for errors and get them rectified as and when required.
Ensure that the documentation of your home loan application is in order as per the requirement of the lender.
Avoid frequent job changes as this presents a picture of instability.
Check with the lender if the property that you have shortlisted will be considered for a home loan. At the same time, do an independent due diligence.
You can take the following steps to improve your chances of getting a home loan





  • Instagram
  • Facebook
  • Twitter
  • YouTube