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GIC Housing Finance Home Loan Interest Rate and EMI Calculator Online Jan 2019

(Updated on 12.01.2019) GIC Housing Finance Home Loan and EMI Calculator Jan 2019 – Get Instant Quick & Easy Approval on GIC Housing Finance Home Loan. Loansninsurances.com provide a simple tool to calculate your Home Loan EMI on the basis of ✓ Interest Rate ✓ Loan Tenure ✓ Processing Fee ✓ Eligibility ✓ Best Offers & more.

GIC Housing Finance – Instant Quotes Online

Professional Details
Loan Amount
Yearly Income
Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

GIC Housing Finance Home Loan

GIC Housing Finance Home Loan can be availed to purchase plots for construction of houses, construction /renovation/ repair/alteration/addition to house/flat and also to buy a fully constructed home. GIC Housing Finance Home Loan is offered to every class of people at its reasonable and affordable rates of interest and has varied home loan benefits to please you. Know your home loan eligibility with Home Loan Eligibility Calculator and get the perfect home loan which suits you.

GIC Housing Finance Home Loan Features

  • Nominal Processing Fees and Administrative fees.

  • No charges for part re-payment.

  • Online management of Loan account.

  • Funding available for NRI customers.

  • Facility for funding for builder’s under construction and ready properties.

  • Home loan counselings services.

GIC Housing Finance Interest Rate

Interest Rate

8.80% onwards

Processing fee range

1% of the loan amount or Rs.2500/- plus service tax

Loan Amount

Min. Rs. 3 lakhs and above


5 years & above

GIC Housing Finance EMI Calculator

GIC Housing Finance EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Home loan emi within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

GIC Housing Finance Home Loan Eligibility

  • Loan amount depends on various factors like age, qualifications, stability and continuity of income, savings habit, repayment obligations, repayment history, assets and liabilities subject to loan ceiling and margin requirements as per the approved policy of the company.

  • The ability to repay is based on your total income and expenditure.

  • Individuals who are resident of India, NRIs holding an Indian passport.

  • Min. Age 21 years or above.

  • Salaried Persons: Minimum monthly salary of Rs.20,000/-.

  • Business Men/Professionals/Self Employed: Minimum Annual gross income Rs.1,20,000/

  • For NRIs:

  • Salaried Person: Minimum gross monthly salary Rs. 40,000/-.

  • Business Men/Professionals/Self Employed: Minimum Annual gross income of Rs.4,80,000/-.

GIC Housing Finance Home Loan Documents Required

  • Duly filled in Application Form with 3 passport size photograph.

  • Applicant(s), Co-applicant(s) and Guarantor(s) assets & liabilities statement.

  • Proof of Identity: PAN card/Voter’s ID/Passport/Driving License.

  • Proof of Residence: Recent Telephone Bill/Electricity Bill/Property Tax Receipt/ Passport/Voter’s ID.

  • Proof of Business Address for Businessmen & Industrialists.

  • Proof of Employment for salaried class.

  • Proof of other income like rent, interest on investment, if any.

  • 3 years Bank Account statements.

  • Form16/Income Tax / Wealth Tax (if applicable) Returns for the past 3 years.

  • Other documents are also need to be submitted as per Bank’s requirements.

GIC Housing Finance Home Loan Prepayments

  • Nill charges for part pre-payment.

  • Charges applicable for foreclosure.

GIC Housing Finance home loan Application

GIC Housing Finance home loan can be applied through loansninsurances.com . You can log into registration page of the website and enter the required detail and submit the requisite documents online .Both existing and new customer can apply for the home loan.