Benefits of Taking Fullerton Grihashakti Housing Loan:

 

Things to Keep in Mind While Applying for a Home Loan

When it comes to applying for a home loan online with Fullerton Grihashakti, the entire process is seamless with only the submission of an application form and a few essential documents. Keep in mind the following points while applying for a home loan:

• Check your Eligibility: While choosing a lender, go through the basic eligibility criteria to ensure that your profile matches the lender’s expectation.
• Always check for the type of interest rate: Do your research well, and choose a lender who is offering the best interest rate as per your eligibility. At Fullerton Grihashakti, we offer floating rates of interest starting from 7.90% (subject to revision in RPLR as per market trends as well as our policy).
• Choose the best loan tenure: Use our free home loan EMI calculator and select a tenure that is comfortable for you for repayment.
• Down Payment: In India, most lenders including Fullerton Grihashakti offer upto 90% of the value of the property you wish to purchase as a loan. The final loan amount offered to you will depend on a number of factors, including your eligibility and the lender’s policy. Use our free home loan eligibility calculator to get an estimate. Ensure you have the remaining amount available to give as down payment before applying for the loan.
• Collect all documents: You will need to have all the documents ready – including KYC, income proof, ITR statements, bank statements as well as the documents pertaining to the property you wish to buy. Ensure that all documents have legal, self-authorized information without inconsistencies. 

Home Loan Interest Rate

We offer competitive interest rates on home loans as per each applicant’s individual profile and eligibility. The final interest rate offered to an applicant will depend on many factors including credit score & history, repayment capacity, nature & value of property, income, nature of employment, etc.

Documents required for Home Loan

Once your pre-assessment and eligibility by Fullerton Grihashakti have been confirmed, you need to check out the Document Required for Home Loan.

Here is a home loan document list for easy reference.

Documents pertaining to the property you wish to purchase will also be requested.

*Terms and conditions applicable. Loans are sanctioned at the discretion of Fullerton Grihashakti. Please note that Aadhaar numbers should be masked before submission as per regulatory guidelines.

Home Loan Eligibility Criteria

Before you submit your application to Fullerton Grihashakti, make sure that you have done the necessary research to check your eligibility to avail a loan. Common housing loan eligibility criteria include:

For salaried

• Multinational cos / listed public ltd cos / govt.
• Organizations private ltd cos / closely held or unlisted companies / partnerships /proprietorship firms

For Self-employed

• Self-employed individual businessmen/ sole proprietorship
• Self-employed professionals - doctors /architect's / CA’s
• Partnership firms
• Private limited companies/ closely held/ unlisted companies

How do I apply for a Home Loan?

Here are the steps below to apply online for housing loan from Fullerton Grihashakti:

• 

  Step 1:
  Check your eligibility

• 

  Step 2:
  Check the required documents

• 

  Step 3:
  Click on the “Apply now” button on this page

• 

  Step 4:
  Enter the requested information & upload documents carefully.

• 

  Step 5:
  Our representative will get in touch with you to take the process ahead.

Home Loan Fees and Charges

In addition to interest, here are some of the basic fees and charges applicable while availing a home loan from Fullerton Grihashakti.

For a complete list of additional fees and charges, please visit our page.