Tag Archives: Vastu Housing Finance Home Loan

Vastu Housing Finance – Home Loan Eligibility, Interest Rate, EMI Calculator

Vastu Housing Finance Home Loan – Apply & Get best Interest Rate from Vastu Housing. Check Home Loan Eligibility, EMI Calculator, Documents Required & Processing Fee.

Vastu Housing Finance Home Loan Interest Rate

INTEREST RATES
Segment Interest Rates PLR less spread
Salaried 12% to 14.5% 4.62% to 2.12%
Self – Employed 12.5% to 15% 4.12% to 1.62%

Vastu Housing Finance – Get Instant Home Loan Quotes Online

Professional Details
Loan Amount
Occupation
Yearly Income
City
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

Vastu Housing Finance Corporation (VHFC) is a public limited company registered with National Housing Bank (NHB), Incorporated in 2005. VHFC provides loan to the customers in an easy & simplified manner to each and every person with stable income & repayment capacity.

VHFC essentially provides loan to the self – employed segment for the purpose of commercial purchase, Purchase of home (new or re – sale), Construction / Improvement / Extension of house. Composite loans are also provided.

For construction loan, if the construction has commenced within 3 months prior to the date of sanction, refinance will be provided for excess payment already released by borrower.

Features, Benefits, Eligibility & Other Related Information

  • Self – employed, small business owners & salaried individual can apply for the home loan.
  • The maximum tenure of loan amount is 20 years which may vary accordingly to customer’s profile, age, age of property etc.
  • Fixed & floating interest rates ranges from 12% – 18%.
  • Maximum loan amount of ₹ 50 lacs can be availed from VHFC.
  • Minimum of 21 years to a maximum of 65 years is the age limit to apply for loan.
  • Up to 80% of the loan will be sanctioned subject to the cost of property.

Vastu Housing Finance Home Loan EMI Calculator

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
PROCESSING FEES
Initial Non – refundable Processing fee Rs 3000 For Home Loans plus applicable taxes and/ or other statutory levies ( payable with application form)
Processing fee Upto 2% of Loan Amount plus applicable taxes and/ or other statutory levies
CERSAI charges Rs.250/- for loan amount upto Rs. 5 lakhs
Rs.500/- for loan amount above Rs.5 lakhs
Penal Charges for delay in deposit(Applicable on Outstanding instalment Due) 2% per month
All the above charges are exclusive of Goods and Services Tax (GST)
DOCUMENTS REQUIRED
Salaried Individual Self employed/Professionals/Businessmen
Duly certified latest salary slip Bank statement for last six months
Employment certificate Copy of last 2 years balance sheet and profit & loss statement, duly certified by CA
Latest copy of form – 16 Proof of business premises
Latest 3 months salary slips income tax returns & tax paid challan for last 2 years
COMMON DOCUMENTS
Copy of Age Proof
Copy of Address Proof
Identification Documents
Copy of bank pass book / Statement of accounts for the last 6 months