Home Loan – Laxmi Finance
Buying a home is a dream for many — and at Laxmi Finance, we make that dream a reality. Our Home Loan solutions are designed to help you purchase, construct, or renovate your home with affordable EMIs, flexible tenure, and quick processing.
Whether you're a salaried individual or self-employed, we’re here to support your home ownership journey.
Benefits of Laxmi Finance Home Loan
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🏠 High Loan Amount – Loans starting from ₹2 lakhs up to ₹1 crore (based on eligibility)
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🔐 Secure & Trusted – Compliant with regulatory standards and customer-first policies
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📉 Competitive Interest Rates – Starting from 8.5% p.a.*
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⏱️ Flexible Repayment Tenure – Up to 30 years
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🧾 Minimal Documentation – Hassle-free loan process
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💰 Balance Transfer Facility – Transfer your existing loan and reduce EMI
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💡 Tax Benefits – Avail tax deductions under Sections 24(b) and 80C
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🛠️ Home Improvement Loans – Finance your home renovation or extension needs
Eligibility Criteria
You are eligible for a Home Loan from Laxmi Finance if:
For Salaried Individuals:
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Age between 21 to 60 years
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Minimum 1 year of work experience
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Stable monthly income (minimum income criteria varies)
For Self-Employed:
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Age between 25 to 65 years
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Minimum 2 years of business continuity
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Proven income and financial stability
General Criteria:
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Good credit score (typically 700+ is preferred)
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Property should be legally clear and located in approved areas
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Co-applicant (optional) can help increase loan eligibility
Documents Required
KYC Documents:
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PAN Card
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Aadhaar Card / Passport / Voter ID / Driving License
Income Proof:
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Salaried:
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Latest 3 months’ salary slips
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Last 6 months' bank statement
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Form 16 / ITR (past 2 years)
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Self-Employed:
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ITR of past 2 years
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Business proof (registration/GST certificate)
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Profit & Loss statement and Balance Sheet
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Last 6 months' bank statement
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Property Documents:
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Agreement to Sale / Sale Deed
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Property Title Documents
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Approved Building Plan
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Estimate of Construction Cost (if applicable)
Rate of Interest 4% P.A Tenure 1 to 20 years.