Home Loan

Turn your dream of owning a home into a reality with Home Loans from HKR Finserv. We offer attractive interest rates and hassle-free application processes.

Home Loan Solutions

Exploring Home Loans with HKR FINSERV

Owning a home is a cherished dream for many, but sometimes the path to homeownership requires financial assistance. At HKR FINSERV, we understand your aspirations and offer comprehensive home loan solutions to help you realise your dream. Our dedicated services make it easier than ever to secure a home loan, whether in Delhi or anywhere else in India.

Understanding Home Loans

A home loan is a secure way to finance your residential property purchase. At Divyanshi Capital, we connect you with top banks and NBFCs (Non-Banking Financial Companies) that provide home loans. These loans are secured, with the property itself serving as collateral. You can explore and compare various offers to find the most suitable home loan for your needs.

Why Choose a Home Loan?

A home loan from HKR FINSERV can be the key to unlocking your dream of homeownership. Here’s why you should consider a home loan:

  1. Diverse Property Options: Whether you’re eyeing an old or new residential property, a flat, or a piece of land, a home loan can cater to your needs. It’s the perfect financial tool to fulfil your residential property aspirations.
  2. Home Enhancement: Beyond purchase, a home loan can fund home extensions, repairs, renovations, and even top-up loans for existing loans. Make your living space your own with the flexibility of a home loan.
  3. Collateral-based Security: Home loans are secured loans, and the bank or NBFC retains the property documents as collateral. This arrangement offers security for both the lender and the borrower.
  4. Residential Usage: You can continue to reside in your home even while repaying the loan. Your daily life remains uninterrupted, allowing you to enjoy your residential space while gradually fulfilling your financial obligations.
Factors to Consider Before Applying for a Home Loan

Before embarking on your home loan journey, here are crucial factors to keep in mind:

  • Home Loan Eligibility: Your eligibility depends on work stability, employment history, age, income, and credit history. Understand your eligibility before applying.
  • Loan Disbursal Time: Be prepared for a processing period, as documentation is meticulously reviewed before the loan is disbursed.
  • Interest Rate (Fixed or Floating): Your home loan can have a fixed or floating interest rate. Evaluate which option aligns with your financial goals and repayment timeline.
  • Terms and Conditions: Familiarise yourself with terms regarding loan balance transfers, prepayments, repayments, and other pertinent details before committing.
  • Hidden Charges: Be aware of potential processing charges, late payment fees, and other associated costs. Thoroughly review the loan agreement to avoid surprises.
Features and Advantages of Home Loans with HKR FINSERV

Our home loan services come with a range of benefits designed to support your homeownership journey:

  • Maximum Loan Amount: Avail up to 60% to 80% of the property’s purchase value, with a 20% down payment requirement.
  • Flexible Tenure: Repayment tenures range from 1 year to 15 years, accommodating various financial preferences and needs.
  • Competitive Interest Rates: With secured backing, home loan interest rates are attractive, starting as low as 6.95%. Choose from fixed, floating, or hybrid rates.
  • Tax Benefits: Leverage tax exemptions under Section 24 of the Income Tax Act on interest payments and under Section 80C on principal repayment. Co-applicants also enjoy these benefits.
  • Enhanced Eligibility: Boost your eligibility by adding a co-applicant, such as your spouse or a blood relative, to your home loan application.


Types of Home Loans in India

Explore the diverse array of home loan sub-types available in India:

  • Loan to Purchase House: Secure a loan to purchase a new or existing residential property with flexible tenures.
  • Plot Loans/Land Purchase Loans: Finance the purchase of vacant land or properties for investment or construction purposes.
  • Home Extension Loans: Fund home expansion and add more space to your residence.
  • Home Conversion Loans: Switch your existing housing loan to buy a new property, all while retaining the advantages of your original loan.
  • Home Construction Loans: Build your dream home from the ground up with ample funds from a home construction loan.
  • Home Improvement Loans: Renovate, repair, or enhance your residence through a dedicated home improvement loan.
Eligibility Requirements for Home Loans

Meeting home loan eligibility criteria is essential. Standards can differ between institutions but generally involve:

  • Steady Income: Demonstrating a regular income and repayment ability is vital. Salaried individuals and businesspersons must satisfy income requirements.
  • Age: Applicants should be at least 21 years old.
  • Employment History: Satisfying a minimum number of years of employment with your current employer is often required.
Documents Needed for Home Loan Application

Prepare the following documents for a smooth home loan application process:

  • Property Valuation: An approved cost estimation or valuation report from the bank or NBFC.
  • Construction/Extension Approval: Documents endorsing your proposed building or extension plan.
  • Completed Application Form: Duly filled and signed home loan application form.
  • Income Proof: Last 6 months' salary slips, salary account statements (for salaried individuals), and proof of profit for self-employed individuals.
  • Identity and Address Proof: Copy of voter's ID card, PAN card, Aadhar card, driving license, and acceptable address proofs.
  • Property Papers: NOC letter from society/builder/municipal authority, housing board allotment letter, and other relevant property documents.
  • Income Tax Documents: Copies of sales receipts, profit and loss statements certified by legitimate authorities.
Home Loan Interest Rates

Home loan interest rates are determined based on the Marginal Cost of Lending Rate (MCLR) plus a spread, which reflects the lender's risk perception. You can choose between fixed and floating rates, each offering unique benefits.


Whether you're seeking a home loan in Delhi or any part of India, HKR FINSERV is your trusted partner, providing transparent, accessible, and personalised solutions to help you realise your homeownership dreams. Secure your financial future with our expert guidance and competitive offerings.

Home Loan FAQs

A Home Loan helps you finance the purchase or construction of a home.

02. What are the eligibility criteria for a Home Loan?

Eligibility depends on age, income, credit score, and property value.

You can use a Home Loan for property renovation, extension, or repairs.

A fixed interest rate remains constant throughout the loan tenure, while a floating rate fluctuates based on market conditions.

Yes, you can avail of tax benefits on the Home Loan repayment’s principal and interest components.


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