Can Fin Home Loan Bangalore | Apply Can Fin Home Loan online

The main objective of Can Fin Homes Ltd. is to promote ownership and increase housing stock across India. With Canara Bank as its major shareholder it has a strong foundation to achieve its objective. Can Fin Homes Ltd. has a wide presence with around 106 branches and 3 satellite offices across the country. It offers home loan at lower interest rates and the loan sanction process is much faster and less cumbersome.

Features and Benefits of Canfin Home Loan Bangalore

Can Fin Homes Ltd. has various housing loan products to suit the different requirements of loan seekers like Gruhalakhsmi Rural Housing Scheme(GRHS), Loans under Urban Housing(LUH), Housing Loan Individual, Home Loan for NRI and Commercial Housing Loan

Features of various kinds of home loan offered by Can Fin Homes Ltd

Product	Loan Amount	Rate of interest	Loan Tenure	Loan to cost ratio
Gruhalakshmi Rural Housing Scheme	Construction: Up to Rs.15 Lakhs Extension/renovation: Up to Rs.5 Lakhs	9.60% fixed for 5 years	Salaried: 5 years to 30 years Professionals: 5 years to 25 years Business: 5 years to 15 years
Loans Under Urban Housing	Up to Rs. 10 Lakhs	9.80% floating	Maximum up to 30 years	Up to 75% of the project cost
Housing Loan Individual		Up to Rs.30 Lakhs: 10.75% Above Rs. 30 Lakhs:11%	Salaried: Min 5 years to max 30 years Professional: Min 5 years to Max 25 years NRI/Business: Min 5 Years to max 15 years	75% to 85% of the project cost subject to repayment capacity
Home Loan for NRI		Up to Rs.30 Lakhs: 10.75% Above Rs. 30 Lakhs:11%	Min 5 years to max 15 years	75% to 85% of the project cost subject to repayment capacity
Commercial housing Loan		Up to Rs.30 Lakhs: 11.50% Above Rs. 30 Lakhs:11.75%		Up to 75 lakhs: Max 80% of the cost of the property Above Rs.75 Lakhs:75% of the cost of the project

Advantages of applying for Can Fin Homes Ltd. through Home Loan Bangalore

Home Loan Bangalore has Can Fin Homes ltd as one of its loan partner. We provide quick and easy home loan from Can Fin Homes Ltd.

• Home Loan Bangalore provides details of the home loan products offered by Can Fin Homes Ltd. as well as other banks on its website. It’s very convenient for the loan seekers to read about the various schemes at one place and take a decision according to the requirements and repayment capacity.
• Home Loan Bangalore also provides a comparison of the interest rates and various other fees charged by various banks. This simplifies the decision making by the loan seekers as they easily find the cheapest options.
• At Home Loan Bangalore, we also provide advisory services to the clients so that they can chose the best option.
• Home loan Bangalore.com takes care of the entire documentation process and clients are given services at their door step.

Eligibility for Canfin Home Loan Bangalore

The amount of home loan is decided by the Can Fin Homes on the basis of repayment capacity. The repayment capacity is decided on the following basis:

Assessing the income of the loan seeker
Age
Qualifications
Work experience
Number of dependence
Spouse’s income
Stability of income and employment
Assets and liabilities

Documents required to process Canfin Home Loan Bangalore - Salaried

Salary Certificates or certified copies of salary certificates with deductions for the last 6 months
Form 16 for the last 3 years
Availability of the deductions for housing loan installments

Documents required to process Canfin Home Loan Bangalore - Self Employed

Balance sheet and Profit & loss account for the last 3 years
Income Statement and Income tax assessment orders and returns for the last 3 years
Net worth of the applicant/co-applicant
Age proof
A note on the type of business, establishment year, bankers, form of the organization and the capacity in which the applicant is engaged

Property documents are also required by Can Fin Homes like Title Deeds, Agreement of sale/construction, Approved plan, ULC clearance and Latest tax paid receipts.