Canfin
Home Loan

Before applying for a CanFin Home loan, you must check Can Fin Home Loan Interest Rate Card. Here are details:

Can Fin Home Loan Interest Rate for Salaried Individuals & Professionals: 

The above Can Fin rates of interest are offered on floating basis. In combo home loans, the rates are fixed for first three months and shift to floating rates thereon. Also, the rate is fixed for 7 years after the request for refinance. 

Also Read - 9 Proven Ways to Save Interest on Home Loans

Can Fin Housing Loans to Individuals (IHL) 

• Can Fin Home loan for purchase of ready to move in or under construction house or flat.
• The loan can also be applied for construction, renovation or extension of house/ flat.
• You can also avail of Can Fin home finance for transferring balance of existing home loan.
• Salaried, professionals, self-employed non-professionals, NRIs or pensioners can apply.
• The Can Fin loan amount varies from 75% to 85% of property value.
• Margin is calculated as per following grids:
  • 15% for Can Fin home loan up to 20 lakh
  • 20% for 20 to 75 Lakh
  • 25% for Can Fin loan above 75 Lakh

• You will get max tenure of 30 years.
• Can Fin rates are attractive
• Customers with good payment record will be eligible for top up & personal loan.

Can Fin Individual Housing Loan- Super (IHL Super)

• Combo rate home loan.
• Home loan interest rate is fixed for initial 3 years.
• After 3 years, ROI will switch to prevailing floating rate for residual amount.
• Conversion charges will apply at 0.50% of loan outstanding (including undisbursed amount, if applicable) + GST.
• All other eligibility, features & benefits same as IHLs.

Can Fin Commercial Housing Loan (CHL)

• Can Fin Home Loan for purchase, construction, renovation, transfer etc. of 3rd unit onwards
• Salaried, professionals, non-professionals, NRIs & pensioners can apply.
• Other features & benefits are same as regular individual home loans.

Can Fin Affordable Housing Loa- Urban (AHL- U)

• Purchase, repair or construction of ready to move home or under construction residential property.
• Annual household income up to Rs 6 Lakh.
• Loan for property falling under statuary town as per PMAY guidelines.
• Can Fin Rate of interest will be fixed for initial 7 years.
• 2% + GST for pre-closure by way of take-over by other lender; NIL if pre-closed with own funds
• Repayment tenure- 30 years, subject to repayment age of 70 years.

Can Fin Composite Housing Loan

• Loan for purchase of site & construction of house.
• All other benefits & eligibility are same as regular home loan.

Can Fin Housing Top Up

• Top Up facility for existing home loan customers intending to incur repair/ renovation of the mortgaged property
• Eligible after completion of 2 years past final disbursement
• Top up amount vary from 1 o 15 Lakh
• Max tenure of 15 years

Also Read - Top Home Loan Offers for Millennials in India

You can instantly calculate Can Fin Home Loan monthly instalment using Can Fin Home Loan EMI Calculator. All you need to fill in loan details: loan amount, tenure and rate of interest.

As you fill the loan details, you will get Loan EMI, total interest payable and total repayment amount. You will also get indicative amortisation schedule for the current rate. The amortisation schedule will change when ROI changes during the loan period.

Furthermore you can also access Can Fin Home Loan Eligibility Calculator and determine loan amount eligibility. You need to share present income, existing liabilities, intended EMI for loan, tenure and rate of interest. Using these financial EMI Calculators helps you make an informed decision.

Can Fin Home Loan Calculation

To help you compare home loan EMIs for Canfin Home Loan, sharing below EMI Calculation for Rs 10 Lakh to Rs 70 Lakh amount for 10, 20 & 30 years at lowest rate of 9.60% p.a.

Also Read - 5 Tips to Manage Your Home Loan EMI

Here is the list of documents required for Can Fin Home Loan:

Also Read - Home Loan Tax Benefit

Also Read - 5 Home Loan Providers in India That Charge Zero Processing Fees

Following factors determine your Can Fin Home Loan Eligibility:

• All applicants must support a stable income source.
• Salaried, professionals, self-employed, pensioners & NRIs can apply.
• The applicants should hold legal proof for age, qualification & ownership of property concerned.
• The lender will also assess existing assets & liabilities of main applicant as well as co-applicants.
• Past credit history holds prominence too.
• Number of dependents will also be considered.
• The Can Fin Home loan amount is calculated as a percentage of market value of property.

Also Read - How does Your Salary Impact the Home Loan Eligibility?

You can contact customer care through a call, email or writing a post.

Toll free Customer care number: 1800-203-4488

(Call between 10 am to 6 pm)

Write your concerns at: 

Can Fin Home Ltd 
No. 29/1, Sir. M N Krishna Rao Road 
Lalbagh West, Basavangudi 
Bangalore- 560004

Tele: 080 26567655

Fax: 080 26565746

You can write email at: development@cashfinhomes.om

For grievances and complaints, write to Nodal Officer:

Shri GK Nagaraja Rao

Nodal Officer

Registered Office

No. 29/1, Sir. M N Krishna Rao Road 
Lalbagh West, Basavangudi

Bangalore- 560004

Tele- 08026570155

Email grievances at: Grievance.redressal@cashfinhomes.com

Also Check - SBI Home Loan Customer Care