Home Loan

Home Loan:

Everyone at some point in life has wished to own a house. Guess what; we can make your wish come true. You can opt for the best Home Loans via Richi Loans & Financial Services and purchase a house when you want. There are tons of benefits when you apply via Richi Loans & Financial Services with the major benefit being lower EMIs, higher tenures, attractive and low interest rates, hassle free application process, etc. Below we will mention how you can benefit from taking a home loan via Richi Loans & Financial Services.

 

Richi Loans & Finacial Services provides Home Loans that are exactly as per the customer's needs. Not only that but you can get tons of benefits in order to complete your dream of owning a home. We do this by providing you with a hassle free process and minimal documentation. Richi Loans & Financial Services believes that the loan process must not be very difficult and hence we have listed down a set of documents that you need in order to be eligible for a home loan via Richi Loans & Financial Services. Apart from the list of documents, we will also mention the eligibility criteria required in order to get the best Home Loan.

Avail attractive interest rates
When you apply for a home loan via Richi Loans & Financial Services, you can get a loan that is not heavy on your budget and is easily manageable. Not only that, we also help you get the best deals which involves low interest rates!
Choose your interest rate type
When you apply for a home loan via Richi Loans & Financial Services, you can get a loan that has fixed and floating interest rates. You can choose as per your own preference.
Application process
When you apply for a home loan via Richi Loans & Financial Services, you can get a loan whose application process is very user friendly. You can check your loan eligibility, utilize our home loan calculator (above), get an approximate estimate on your loan EMI amount and after you're convinced with the amount, you can fill the loan application form. On approval you will get the home loan amount.
Transfer loan balance with ease
When you apply for a home loan via Richi Loans & Financial Services, you can get a loan transfer done anytime. We help you in transferring your existing home loan to a bank of your choice without any hassle. Hence doing business with us is full of ease.
Get service at your doorstep
When you apply for a home loan via Richi Loans & Financial Services, you can get services like no one else. You can also avail or repay your home loan right from your home and/or office.
Pay less or no prepayment charges
When you apply for a home loan via Richi Loans & Financial Services, you can get a loan where you either pay less or no prepayment charges at all. For your information, users who have opted for a home loan with floating rates might have to pay prepayment charges.
Be assured of quick and transparent processing
When you apply for a home loan via Richi Loans & Financial Services, you can get a loan that has a streamlined process. Hence approvals will be quick and you can get the loan amount sooner than ever.
Repay your loan over a longer tenure
When you apply for a home loan via Richi Loans & Financial Services, you get opportunities and choices to repay your home loan on lower EMIs over a longer tenure. You can choose this option and survive with your budget!
Compulsory Documents required for submission - Loan application form & PAN Card of the loan approver.
Identity Proof You must submit any one of Passport/Voters ID/Aadhar/Driving License
Address Proof You must submit any one of Voters ID/Aadhar/Driving License/ Electricity bill/Gas bill/Telephone bill
Date of Birth Proof You must submit any one of Passport/PAN Card/Aadhar/Driving License/ Birth certificate
Signature Proof You must submit any one of Passport/PAN Card/ Banker's verification
Income Proof You must submit any one of the following for each salaried/self employed
For Salaried:
  • 3 months pay slip
  • 6 months bank statement showing salary credits
  • 2 yrs Form 16 or employment continuity proof
For NRI Salaried:
  • 3 months pay slip
  • Appointment letter/contract letter
  • 6 months Domestic NRE/NRO account statement
  • 6 months International salary a/c statement
  • Valid visa copy/OCI card
  • Passport copy
For Self employed:
  • 2 yrs ITR, P&L, Balance sheet with Chartered Accountant's signature
  • Tax Audit Report (If your gross Turnover Exceeds Rs 1 Cr or Gross Receipts Exceeds 25 Lac)
  • 6 months bank statements of personal and business accounts
  • Business continuity proof for a minimum of 3 yrs
For Balance Transfer:
  • 12 months loan account statement
  • Existing loan details and 6 months bank statement

FAQs

How does Home Loan work?

Home loans are a step that you take along with the Bank & Richi Loans & Finacial Services. Here, the Bank will help you with a huge amount of funds that will be given to you in advance to buy the house you wish. But you need to remember that this huge amount which is given to you will be repayable with interest. But don't worry. You don't have to repay this in one shot. You can re-pay this loan amount through monthly EMIs (Equated Monthly Installments).

What is the best way to apply for a Home Loan via Richi Loans & Finacial Services?

There is not one, but three amazing ways for you to apply for a Home loan via Richi Loans & Finacial Services. You can start the loan process through:

  • Online via Richi Loans & Finacial Services Home Loan Page.
  • Visit Richi Loans & Finacial Services Office and start your home loan process or Call us.
  • You can even mail us and send us your home loan requirement.
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