From buying your dream home to completing your construction plans, our Home Purchase & Home Construction Loan gives you the flexibility you need. Enjoy faster approvals, higher loan amount, affordable interest rates, and more, so your home journey stays stress-free from start to finish.
Home Purchase & Home Construction Loan
Calculate your home improvement loan EMI in seconds and plan your finances better.
Break-up of Total Payment
Monthly Loan EMI
Principal
Total Interest
Total Payment
(Principal + Interest)
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 Small Finance Bank does not guarantee accuracy, completeness or correct sequence of any 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 legal, tax, accounting, financial and/or other professionals prior to taking any decision.
Why Choose Our Home Purchase & Home Construction Loan?
Eligibility & Documents Required
For more details, call our toll-free number 1800 208 2121 or write to customercare[at]ujjivan[dot]com
*T&C apply
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FAQ
1. What is a Home Purchase Loan?
A home purchase loan helps you finance the purchase of a ready or resale house or flat.
2. What is a Self Construction Loan?
A Self Construction loan helps you finance the construction of a house on a plot of land owned by you.
3. Who can apply for this loan?
Both salaried and self-employed Indian residents with a stable source of income can apply. Eligibility is determined based on income, repayment capacity, property value, credit profile, and other criteria.
4. What is the minimum and maximum loan amount I can avail?
You can avail a minimum loan of ₹5 lakh and a maximum of ₹75 lakh, subject to eligibility, property valuation, and other criteria.
5. What is the tenure available for repayment?
You can choose a tenure ranging from 39 months to 240 months (up to 20 years), depending on your repayment capacity.
6. What is the rate of interest applicable?
We offer competitive interest rates ensuring transparency and fairness starting from 9.50% p.a.* The final rate will depend on your profile and loan amount. *T&C apply
7. What is external benchmark-based lending?
External benchmark-based lending means your loan interest rate is linked to a market-determined benchmark, such as the Repo Rate set by the Reserve Bank of India (RBI).
8. What is a pre-EMI interest?
Pre-EMI interest is the interest you pay on the disbursed loan amount during the construction phase of your property, before full EMI payments begin. Once the entire loan amount is disbursed, your regular EMIs (including principal and interest) start.
9. How long does loan processing take?
We aim to provide faster approvals and smooth processing. Timelines depend on documentation, income verification, and property evaluation.
10. Do I get tax benefits on this loan?
Yes. You may be eligible for tax benefits on both the principal and interest components of your loan under the Income Tax Act, 1961. Please consult your tax advisor for specific details.
11. Is it mandatory to buy home loan insurance?
No, it is not mandatory. However, buying an insurance can help in protecting your outstanding debt in the event of an unanticipated event during the loan’s tenure.
