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Discover a variety of Home Loan Options with flexible terms and competitive rates whether you're buying a dream home or refinancing needs.
Pune city, officially Poona from 1818 to 1978, ranks as the ‘Most Liveable City’ in India. Situated on the bank of the Mutha River, the city was the Peshwas’ seat in the 1800s. Kasba Ganapati, Shaniwar Wada, and Lal Mahal are some of the historical landmarks in Pune. Pandit Jawaharlal Nehru, impressed with the quality of the educational institutions, referred to the city as the ‘Oxford of the East’. The city evolved into a major global hub for education when international students numbered nearly half of the total number. Considered a major information technology hub, Pune has also advanced as a major automobile and manufacturing hub.
Ruloans, a one-stop shop for hassle-free loans delivers home loan solutions under one roof. Whether you’re in search of funds to acquire a new house or build a house on a plot of real estate, Ruloans offers you a broad collection of solutions to outfit your every single housing need. We’ve partnered with reputed Banks and NBFCs to offer you a low-priced Home Loan in Pune with tenures reaching up to 30 years at low-interest rates to allow you to modify and design your EMIs. Make your dream home an actuality; Ruloans will get you a pressure-free Home Loan in Pune at no surplus costs.
A home loan at Ruloans requires a simple application with easy eligibility and minimal documentation. You may avail of several home loan features and benefits such as low-interest rates, flexible repayment tenures, balance transfer, top-up loans, and others. A Home Loan in Pune at Ruloans can afford you your dream home.
Our partner banks and NBFCs give you the best of all the worlds in terms of finance. At Ruloans you have the power to avail a high-value home loan of up to 90% of mortgaged property value. We highly value your dream home.
Home Loan interest rates offered by our partner banks and NBFCs are the lowest rates offered by financial institutions. You’ll be shocked at how easily your mortgaged property can get you to cost-effective funds.
Home loan finance market conditions are such that, each of our partner banks or NBFCs has the best to offer you in terms of repayment tenures due to competition. This gives you the opening to profit from long repayment tenures that stretch from 10 years to 30 years.
You are entitled to claim income tax deductions on interest and principal repayments under the Income Tax Act. Claim up to Rs. 1.5 Lakhs on principal repayments under section 80C, up to Rs. 2 lakh on interest under section 24B, up to Rs. 2 lakh on interest in special circumstances under sections 80EE and 80EEA, and up to Rs. 1.5 lakh on stamp duty expenses under section 80C.
Prepayment decisions can save a whole lot of money. A floating-rate home loan can be prepaid without a prepayment charge or a penalty. Fixed-rate home loans are generally charged a penalty of roughly 2% when you borrow to prepay; however, no prepayment penalties are charged if you use your own funds.
A home loan balance transfer refers to the transfer of your entire outstanding home loan balance from your current bank to another bank. This facility allows you to save on interest rates, service charges, other charges, etc.
A home loan top-up refers to an offering that allows you to borrow an amount over and above your current loan amount in accordance with your creditworthiness for a charge. This loan can be used when you feel the need to access more funds than are available.
Ruloans’ 24/7 Digital Resources have made the loan process pretty easy and simple for a loan seeker. Our home loan process with easy eligibility and minimal documentation will amaze you. You will find your home loan processed and approved, and your loan amount in your account earlier than you expect.
The term Loan Eligibility broadly refers to your qualifications for the loan. Home Loan eligibility criteria is based on parameters that are common to most banks and NBFCs. Specific criteria vary in accordance with individual lender requirements. Such criteria are used as a standard to resolve issues such as the number of funds to be lent, the tenure, and the interest rate. Eligibility criteria for Home Loan in Pune are listed below.
Your age should be minimum of 21 years, and a maximum of 68 years at Loan Maturity
You should be a Resident Citizen of India without having defaulted on any previous loans and without any Criminal Record
Your credit score should be 650 or higher
If you’re a salaried individual, you should be working with a Private Limited Company, or a Public Limited Company. As a self-employed person, you should be a Proprietor, Partner, or Director. Partnership or Private Limited Companies engaged in manufacturing, servicing, or trading are eligible for a Home Loan
You should have a minimum of 1-year of experience with your current employer as a salaried person. If you are a self-employed person, you should be in the same business for the last 3 years. As Professional CA, CS, or Doctor, you need a minimum of 1-year practice. A firm or a company needs business stability or vintage of a minimum of 3 years in the same business
As a salaried person, you should have a salary of Rs. 25,000. As a self-employed individual, your gross annual income should be a minimum of Rs. 3 lakh. A firm or a company requires an annual turnover of a minimum of Rs. 10 lakh
Note: The above eligibility criteria are for indicative purposes only, and can vary from lender to lender.
We at Ruloans are devoted to making your Home Loan process as smooth as possible. Documents obligatory for a Home Loan are nominal. We request you to furnish precise facts and credentials so that your Home Loan request can be administered in the shortest conceivable time. Documents required for a Home Loan in Pune are listed below.
Note: The above documentation requirements are for indicative purposes only, and can vary from lender to lender.
1
Online Application
Fill out your 'Basic Details'
2
Document Submission
After you receive your 'Home Loan Eligibility', choose your 'Financial Institution', and upload 'Required Documents'
3
Verification
The Institutions will 'Verify' your Home Loan application, and submitted documents
4
Approval
Your Home Loan will be 'Sanctioned'
5
Disbursal
Receive your 'Home Loan Amount' in your Bank Account - Simply Efficient!
Bank Name
Interest Rate
Processing Fees
Kotak Bank
8.65%
11800
HDFC Home Loan
8.35%
3540
Central Bank OF India
8.6%
0.5%+GST
Axis Bank
8.75%
0.40
Standard Chartered Bank
8.75%
0.10
Tata Housing Finance
10.5%
1.00
IDFC First Bank
8.65%
0.20
Yes Bank
9.9%
1.00
Bajaj Home Finance
9.25%
10000+GST
Federal Bank
8.8%
11800
DBS Bank
8.7%
11800
Fullerton Grahshakti
10.5%
1
DCB Bank
9.99%
0.50
Priamal Housing Finance
10%
0.75
Adhar Housing Finance
10.5%
1.50
Vastu Housing Finance
12%
1.00
Aditya Birla Housing
9%
0.50
Hero Housing
9.99%
0.50
L & T Housing
8.6%
5900
HSBC Bank
8.9%
11800
PNB Housing Finance
8.5%
0.25
RBL Bank
8.75%
10000+GST
Indiabulls
9.4%
1
Edelwessis
12.1%
1
Capri Housing
9.5%
1.00
Shriram Housing
12.5%
1
ICICI HFC
9.7%
1
Ujjivan Housing
10.75%
1.50
Chola Madalam
11.6%
1.25