home equity loan

Home Equity Loan (Non-Home Loan)

Our Home Equity Loan helps you unlock the value of your property to meet your bigger financial goals with confidence. You can use the loan to consolidate debts, refinance a home you’ve built or purchased, or fund requirements involving mixed usage and mixed-type properties.

Enjoy a simple, flexible and reliable solution that gives you access to substantial funds while keeping your long-term plans on track.

Home Loan EMI Calculator

Calculate your EMI and plan your repayments better with our home loan EMI Calculator.

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Disclaimer: The data generated herein is completely and solely based on the information/details provided by you and such information and the resultant data is provided only for user's convenience and information purposes. Ujjivan SFB does not guarantee accuracy, completeness or correct sequence of any the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained / data generated herein or on its completeness / accuracy.

The use of any information set out is entirely at the User's own risk. User should exercise due care and caution (including if necessary, obtaining of advice of tax/ legal/ accounting/ financial/ other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained / data generated herein. Ujjivan SFB does not undertake any liability or responsibility to update any data. No claim (whether in contract, tort (including negligence) or otherwise) shall arise out of or in connection with the services against the bank. Neither Ujjivan SFB nor any of its agents or licensors or group companies shall be liable to user/ any third party, for any direct, indirect, incidental, special or consequential loss or damages (including, without limitation for loss of profit, business opportunity or loss of goodwill) whatsoever, whether in contract, tort, misrepresentation or otherwise arising from the use of these tools/ information contained / data generated herein.

Why Choose Our Home Equity Loan?

  • Loans up to ₹75 lakh*
     
  • Flexible repayment tenure up to 15 years
     
  • Competitive interest rates
     
  • Simple & easy application process
     

Home Equity Loan Interest Rate & Charges

Charge TypeDetails
Interest RateStarting from 10.75%* p.a.
Tenure39 months to 180 months
Processing Fee₹3,350 + GST (Non-refundable)
CLADUM Charges2.0% of loan amount + GST
CERSAI Registration₹50 + GST (≤ ₹5 lakh) / ₹100 + GST (> ₹5 lakh)
InsuranceProperty insurance applicable
Stamp DutyAs per State / UT regulations

 

To know more about interest rates, click here

To know more about fees & charges, click here

Eligibility & Documents Required

For more details on the eligibility criteria and the required documents, please call our toll-free number 1800 208 2121 or write to us at customercare[at]ujjivan[dot]com.

*T&C apply

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FAQ

1. What is a Home Equity Loan?

A Home Equity Loan is a secured loan that allows you to mortgage your house and borrow money. The loan amount is commonly used for debt consolidation, business expansion, medical expenses, education or any personal requirement.

2. How much Home Equity Loan amount can I get?

Based on your eligibility, you can get a Home Equity Loan ranging from ₹5 lakh to ₹75 lakh. 

3. What is the repayment tenure of Home Equity Loan?

We offer flexible repayment options ranging from 39 months to 180 months (15 years).

4. What is the processing fee for Home Equity Loan?

Charges include a processing fee of ₹3,350 + applicable GST.

5. Do I need to own property to apply for a Home Equity Loan?

Yes. To avail Home Equity Loan, you must own a property, which will be used as collateral.

6. How do I apply for a Home Equity Loan?

Click Apply Now and fill out the form or visit your nearest Ujjivan SFB branch.