Home Loan
Home Loan by Avassa
Owning a home is every Indian's dream. Avassa makes it easier by connecting you with the best home loan offers from all major banks. Whether you want to buy a new flat, construct your dream house, or renovate your existing home, we have the perfect solution.
Key Highlights
- Loan amount up to ₹10 Crores
- Interest rates starting from 8.35% p.a.
- Tenure up to 30 years
- Up to 90% of property value financed
- Tax benefits under Section 80C and 24(b)
Key Features
Lowest interest rates
Up to 90% financing
Tenure up to 30 years
Tax benefits available
Balance transfer option
Top-up loan facility
No prepayment charges
Eligibility Criteria
Age: 21-65 years
Minimum income: ₹25,000/month
Minimum work experience: 2 years (salaried) or 3 years (self-employed)
Good credit score (700+)
Property should be legally clear
Required Documents Checklist
Click items to track and check off your gathered documents:
FAQs
Frequently Asked Questions
How long does the loan approval process take?
The loan approval timeline depends on the type of loan and the bank. Personal loans can be approved within 24-48 hours, while home loans may take 7-14 days. Avassa ensures faster processing through our direct relationships with banks.
What credit score do I need for a loan?
Most banks require a minimum credit score of 650 for personal loans and 700 for home loans. However, some of our partner banks offer loans to individuals with lower credit scores at slightly higher interest rates. Avassa can help you find the best option regardless of your credit score.
What documents are required for a loan application?
Basic documents required are: Identity Proof (Aadhaar/PAN), Address Proof, Income Proof (Salary Slips/ITR), and Bank Statements. Additional documents may be required based on the loan type. Check our individual loan pages for specific document requirements.
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