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Home Loan

Home / Home Loan

Make Your Homeownership Dream a Reality!

Find the perfect home loan with minimal documentation and lower interest rates!
Apply Now

Home Loan Features

Flexible Repayment Options

Customize your EMI schedule to suit your income flow.

Quick Approval Process

Fast-tracked application and approval for eligible applicants.

Doorstep Services

Hassle-free loan application assistance right at your home.

High Loan Amount Eligibility

Get loans based on your income and property value.

Features and Benefits of our Home Loan

At Genial Financial Consultants, we offer a wide range of home loan options to meet your unique housing needs. Whether you’re building, expanding, or upgrading, there’s a loan product tailored just for you:

Home Construction Loan
Ideal for those who own a plot and need financial assistance to construct their dream home. This loan also covers major structural repairs or rebuilding.

Home Extension Loan
Perfect for homeowners looking to expand their living space—be it adding a room, constructing an additional floor, or building an annexe.

Home Improvement Loan
Upgrade your existing home with ease. Whether it’s modernizing interiors, fixing faulty systems, or renovating old furniture, this loan helps bring your vision to life.

NRI Home Loan
Specially designed for Non-Resident Indians wanting to invest in residential property in India. Though documentation may vary, the dream of owning a home in your homeland stays well within reach.

Home Loan Eligibility

To qualify for a home loan with Genial Financial Consultants, you must meet the following basic eligibility conditions:

Age Requirements

  • Minimum Age at Loan Start: 21 years

  • Maximum Age at Loan Maturity: 65 years

  • For Salaried Individuals: 21 to 58 years

  • For Self-Employed Individuals: 25 to 65 years

Income Requirements

  • Salaried Individuals: Minimum monthly income of ₹10,000

  • Self-Employed Individuals: Minimum annual income of ₹2,00,000

Employment Stability

  • Salaried Applicants: Minimum 2–3 years of work experience in an MNC, private, or public limited company

  • Self-Employed Applicants: Minimum 3 years of experience in the current field of business or profession

Credit Score
A credit score of 750 or above is considered ideal for home loan approval.

Personal Loan Eligibility and Documents

Read on to know the criteria required to apply for our Personal Loan.
Apply

Documentation for Home Loan

Income Proof Documents

To process your home loan application smoothly, specific documents are required based on your employment type. Below is a categorized list of the required documents:

1. For Salaried Individuals

  • Form 16 (Latest)

  • Employee Identity Card

  • Last 3 Months’ Salary Slips

  • 6 Months’ Bank Account Statement (Salary Account)

  • Employment Proof (Appointment Letter or Work Experience Letter)

2. For Self-Employed Individuals

  • PAN Card

  • Trade License

  • Partnership Deed (if applicable)

  • Memorandum of Association (MOA)

  • Articles of Association (AOA)

  • Import Export Code (if applicable)

  • SEBI Registration Certificate

  • ROC Registration Certificate

  • Audited Financial Statements by a Chartered Accountant

  • Profit & Loss Account Statement

  • Balance Sheet (Last 2–3 years)

  • 6 Months’ Bank Account Statement (Business Account)

  • Professional Practice License (Doctors, Architects, Consultantss, etc.)

  • Registration Certificate for Shops/Factories/Establishments

  • Business Address Proof

3. For Non-Resident Indian (NRI) Applicants

  • Valid Income Proof (Payslips, NRI bank statements, etc.)

  • Property Ownership Papers

  • Sale Deed

  • Stamped Agreement to Sale

  • Allotment Letter from Builder or Housing Society

  • No Objection Certificates (NOC) from:

    • Builder

    • Housing Society

  • Possession Certificate

  • Land Tax Receipt

  • Estimate of Construction Cost (if applicable)

  • Seller/Builder Payment Receipts

  • Bank Statement Showing Payments Made to Seller or Builder

  • Share Certificate (for resale properties)

  • Occupancy Certificate

EMI Calculator for Personal Loan

he monthly part-payment that you make to repay your Home Loan is known as an Equated Monthly Instalment (EMI). This monthly payment includes repayment of the principal amount of your loan divided over the period of the loan, with the agreed interest amount on the outstanding amount of your home loan.

Genial’s online Home Loan EMI Calculator is essential to make an up-to-date decision to execute your Home Loan Plan at optimum levels. This EMI calculator online aids you to perform complex computing functions to calculate your Home Loan Equated Monthly Instalment accurately in an instant.

Fees and Charges for Home Loan
The fees and charges of home loans usually vary from lender to lender and from case to case. The aforementioned table will give you a fair idea of the fees and charges related to home loans:
Particulars Charges
Loan Processing Fees
0.25% to 2% of Loan Amount
Loan Cancellation
Nill – 5% (according to Bank/NBFC)
Stamp Duty Charges
As per the Value of the Property and State Tax
Legal Fees
As per actuals
Penal Charges
Usually 2% per month
EMI / Cheque Bounce Charges
Approx 500/-

Other fees and charges that lenders may levy on your personal loan include documentation charges, verification charges, duplicate statement charges, NOC certificate charges and swap.

Home Loan​​​​​​​ FAQs
What is a home loan?
A home loan is a loan used to buy a home. It is repaid over 15 to 30 years and is secured by the property being purchased. If the borrower fails to repay, the lender can take possession of the property.
How do I qualify for a home loan?
To qualify for a home loan, lenders typically look for a good credit score—usually above 620—a steady and verifiable source of income, and a low debt-to-income ratio. Your employment history also plays a crucial role, as stable employment reflects financial reliability. Meeting these basic parameters increases your chances of securing a home loan and demonstrates your ability to manage long-term financial commitments responsibly.
Can I prepay my home loan?
Yes, you can usually prepay your home loan in two ways such as full prepayment and part prepayment. If you have the remaining principle amount availabe with then you can fully pay the amount and close the loan or the payment also can be made in parts and the principle will be reduced by the same amount.
Is it possible to secure a 100% home loan from a bank?
No, it is not possible to secure 100% loan from the bank.However banks provide upto 90-95% of the agreement value.
What is the maximum home loan that I can get?
The maximum home loan that you can get is not capped by any amount but it is given on the basis of the agreement value and also the borrorwers income eligibilty and credit history. generally banks provide 90-95% of the agreement value.
What documentation is required for salaried professionals applying for a home loan?
Salaried professionals applying for a home loan need to provide proof of identity, address, and income, along with employment proof, Professional certificate income tax returns, property documents, bank statements.
Can I apply for a home loan jointly with a friend or family member?
Yes, you can apply for a home loan jointly with a friend or family member. Lenders generally allow spouses, parents, siblings, or any other close relatives to be joint applicants for a home loan. Some lenders may also allow unrelated individuals to apply together, provided they meet the lender’s eligibility criteria. However, it’s important to note that all co-owners of the property must also be co-applicants for the loan.
Who can be joint borrowers in a Home Loan?
Joint borrowers for a home loan can include family members, spouses, or any two individuals willing to take joint responsibility for repaying the loan. Lenders typically require all co-owners of the property to be co-borrowers on the loan. Having a joint borrower can help increase the loan eligibility, as the income and creditworthiness of both borrowers are considered. It’s important for joint borrowers to understand that they are equally responsible for repaying the loan, and any default can affect both borrowers’ credit scores.

Home Loan Features

Flexible Repayment Options

Customize your EMI schedule to suit your income flow.

Quick Approval Process

Fast-tracked application and approval for eligible applicants.

Doorstep Services

Hassle-free loan application assistance right at your home.

High Loan Amount Eligibility

Get loans based on your income and property value.

Features and Benefits of our Home Loan

At Genial Financial, we offer a wide range of home loan options to meet your unique housing needs. Whether you’re building, expanding, or upgrading, there’s a loan product tailored just for you:

Home Construction Loan
Ideal for those who own a plot and need financial assistance to construct their dream home. This loan also covers major structural repairs or rebuilding.

Home Extension Loan
Perfect for homeowners looking to expand their living space—be it adding a room, constructing an additional floor, or building an annexe.

Home Improvement Loan
Upgrade your existing home with ease. Whether it’s modernizing interiors, fixing faulty systems, or renovating old furniture, this loan helps bring your vision to life.

NRI Home Loan
Specially designed for Non-Resident Indians wanting to invest in residential property in India. Though documentation may vary, the dream of owning a home in your homeland stays well within reach.

Home Loan Eligibility

To qualify for a home loan with Genial Financial, you must meet the following basic eligibility conditions:

Age Requirements

  • Minimum Age at Loan Start: 21 years

  • Maximum Age at Loan Maturity: 65 years

  • For Salaried Individuals: 21 to 58 years

  • For Self-Employed Individuals: 25 to 65 years

Income Requirements

  • Salaried Individuals: Minimum monthly income of ₹10,000

  • Self-Employed Individuals: Minimum annual income of ₹2,00,000

Employment Stability

  • Salaried Applicants: Minimum 2–3 years of work experience in an MNC, private, or public limited company

  • Self-Employed Applicants: Minimum 3 years of experience in the current field of business or profession

Credit Score
A credit score of 750 or above is considered ideal for home loan approval.

Personal Loan Eligibility and Documents

Read on to know the criteria required to apply for our Personal Loan.
Apply

Documentation for Home Loan

Income Proof Documents

To process your home loan application smoothly, specific documents are required based on your employment type. Below is a categorized list of the required documents:

1. For Salaried Individuals

  • Form 16 (Latest)

  • Employee Identity Card

  • Last 3 Months’ Salary Slips

  • 6 Months’ Bank Account Statement (Salary Account)

  • Employment Proof (Appointment Letter or Work Experience Letter)

2. For Self-Employed Individuals

  • PAN Card

  • Trade License

  • Partnership Deed (if applicable)

  • Memorandum of Association (MOA)

  • Articles of Association (AOA)

  • Import Export Code (if applicable)

  • SEBI Registration Certificate

  • ROC Registration Certificate

  • Audited Financial Statements by a Chartered Accountant

  • Profit & Loss Account Statement

  • Balance Sheet (Last 2–3 years)

  • 6 Months’ Bank Account Statement (Business Account)

  • Professional Practice License (Doctors, Architects, Consultantss, etc.)

  • Registration Certificate for Shops/Factories/Establishments

  • Business Address Proof

3. For Non-Resident Indian (NRI) Applicants

  • Valid Income Proof (Payslips, NRI bank statements, etc.)

  • Property Ownership Papers

  • Sale Deed

  • Stamped Agreement to Sale

  • Allotment Letter from Builder or Housing Society

  • No Objection Certificates (NOC) from:

    • Builder

    • Housing Society

  • Possession Certificate

  • Land Tax Receipt

  • Estimate of Construction Cost (if applicable)

  • Seller/Builder Payment Receipts

  • Bank Statement Showing Payments Made to Seller or Builder

  • Share Certificate (for resale properties)

  • Occupancy Certificate

EMI Calculator for Home Loan

Planning your loan repayment has never been easier. Our Home Loan EMI Calculator is a simple yet powerful tool that helps you estimate the monthly installments (EMIs) you’ll need to pay over your selected loan tenure.

By calculating your EMI in advance, you can manage your finances more effectively and choose a loan amount and tenure that suits your budget. In addition to calculating EMIs, our calculator also helps you assess your loan eligibility and compare different loan options — all in one place.

Start planning smartly with Genial Financial’s EMI Calculator and make confident borrowing decisions today.

Equated Monthly Installment (EMI):

0 INR

Total Interest Payable:

0 INR

Total of Payments (Principal + Interest):

0 INR

Fees and Charges for Personal Loan

The fees and charges of personal loans usually vary from lender to lender and from case to case. The aforementioned table will give you a fair idea of the fees and charges related to personal loans:

Particulars Charges
Loan Processing Fees
0.25% to 2% of Loan Amount
Loan Cancellation
Nill – 5% (according to Bank/NBFC)
Stamp Duty Charges
As per the Value of the Property and State Tax
Legal Fees
As per actuals
Penal Charges
Usually 2% per month
EMI / Cheque Bounce Charges
Approx 500/-

Other fees and charges that lenders may levy on your personal loan include documentation charges, verification charges, duplicate statement charges, NOC certificate charges and swap.

Home Loan FAQs
What is a home loan?
A home loan is a loan used to buy a home. It is repaid over 15 to 30 years and is secured by the property being purchased. If the borrower fails to repay, the lender can take possession of the property.
How do I qualify for a home loan?
To qualify for a home loan, lenders typically look for a good credit score—usually above 620—a steady and verifiable source of income, and a low debt-to-income ratio. Your employment history also plays a crucial role, as stable employment reflects financial reliability. Meeting these basic parameters increases your chances of securing a home loan and demonstrates your ability to manage long-term financial commitments responsibly.
Can I prepay my home loan?
Yes, you can usually prepay your home loan in two ways such as full prepayment and part prepayment. If you have the remaining principle amount availabe with then you can fully pay the amount and close the loan or the payment also can be made in parts and the principle will be reduced by the same amount.
Is it possible to secure a 100% home loan from a bank?
No, it is not possible to secure 100% loan from the bank.However banks provide upto 90-95% of the agreement value.
What is the maximum home loan that I can get?
The maximum home loan that you can get is not capped by any amount but it is given on the basis of the agreement value and also the borrorwers income eligibilty and credit history. generally banks provide 90-95% of the agreement value.
What documentation is required for salaried professionals applying for a home loan?
Salaried professionals applying for a home loan need to provide proof of identity, address, and income, along with employment proof, Professional certificate income tax returns, property documents, bank statements.
Can I apply for a home loan jointly with a friend or family member?
Yes, you can apply for a home loan jointly with a friend or family member. Lenders generally allow spouses, parents, siblings, or any other close relatives to be joint applicants for a home loan. Some lenders may also allow unrelated individuals to apply together, provided they meet the lender’s eligibility criteria. However, it’s important to note that all co-owners of the property must also be co-applicants for the loan.
Who can be joint borrowers in a Home Loan?
Joint borrowers for a home loan can include family members, spouses, or any two individuals willing to take joint responsibility for repaying the loan. Lenders typically require all co-owners of the property to be co-borrowers on the loan. Having a joint borrower can help increase the loan eligibility, as the income and creditworthiness of both borrowers are considered. It’s important for joint borrowers to understand that they are equally responsible for repaying the loan, and any default can affect both borrowers’ credit scores.
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