Reliance Home Finance
Home Loan

*for floating home loan

• Loan amount: Maximum up to 80% of Property Value;
• Up to Rs. 35 Lakh for affordable loans; No capping for regular home loans, subject to eligibility
• Processing fee: 0.5% to 1.5% of the loan amount
• Reliance Home Finance Home Loan Interest Rates are calculated on floating basis. 
• Current interest rate for Reliance Home Finance Home Loans vary from 9.75% to 13% p.a. 
• Maximum repayment tenure is up to 20 years for resident Indians & 15 years for NRIs.
• Lowest possible EMI is Rs. 949 Per Lakh.
• Reliance Home Finance Loans can be availed for purchase, construction or renovation of residential properties.

• Easy documentation. You do not need to submit additional documents after completion of application.
• Approval for maximum amount. Loans approved for up to 80% of property value, subject to meeting eligibility. 
• Doorstep service. An official from Reliance Housing Finance will visit you for document collection & other procedures. 
• Quick and hassle free approval and sanction.
• Transparent terms & no additional charge.

• Both salaried & self-employed can apply.
• Factors such as age, income, credit history, property location and repayment capacity are considered before evaluating your loan eligibility.
• Reliance finance funds up to 80% of property value.
• Salaried applicants should have a minimum of 3 years of work experience, while a self-employed professional/ business applicant needs to submit professional details/ business status and proof of financial stability.
• Other factors such as your employer’s status, previous relationship with lender etc. will also improve your eligibility amount for Reliance HFL Home Loan.

Here is the list of documents required for Reliance Home Finance Home Loan:

Check Cibil Score for Home Loan

Reliance Home Finance Home Loan interest rates are calculated on floating basis and resets with change in benchmark lending rates. Currently Reliance Home Loan Interest Rates for various products are as below:

** Tax & surcharge as applicable will be added.

Reliance Home Finance Home Loans

• Reliance Home Loan scheme for salaried & self employed
• Loan amount should be more than Rs 35 lakh.
• No capping on maximum amount, subject to maximum of 80% of the property value.
• Max tenure is 20 years
• Rate of interest will range from 9.75% to 11% p.a. on floating basis.
• Processing fee is nominal in the range of 0.5% to 1.5% of the loan amount.

Reliance Home Finance Affordable Home Loans

• Affordable home loan scheme for salaried & self-employed.
• Maximum home loan sanction will be up to Rs 35 Lakh.
• The rate of interest will range from 9.75% to 13.00 p.a. on floating basis.
• Processing fee will vary from 0.5% to 1.5% of the loan amount.

Reliance Home Finance Loans for Self-Construction

• Home Loan for construction of pre-owned residential plot.
• The minimum sanction will be for Rs 7.5 Laks.
• Maximum repayment tenure will be up to 20 years.
• Reliance Home Finance Interest Rate for Self construction Loan will range from 9.75% to 13% p.a on floating basis.
• Both salaried as well as self-employed can apply.
• Processing fee will vary from 0.5% to 1.50% of the loan amount.

Reliance Home Finance Plot + Construction Loan

• Loan for plot purchase and construction thereon.
• Minimum loan amount should be Rs 7.5 Lakh.
• Both salaried and self-employed can apply.
• The Interest Rate of Reliance Home Finance for Plot + Construction Loan will range within 9.75% to 13% p.a on floating basis.
• Maximum repayment tenure will be 20 years.
• Processing fee will range in the range of 0.5% to 1.5% of loan amount.

Reliance Home Finance Home Extension Loan

• Both salaried as well as self-employed can apply for Reliance Loan for funding extension of pre-owned/ self-occupied housing unit.
• The minimum application should be for Rs 7.5 Lakh.
• The maximum repayment tenure on offer is 20 years.
• The rate of interest will range from 9.75% to 13 % p.a.
• The processing fee is also standard within range of 0.5% to 1.5% of loan amount.

Reliance Home Finance Home Improvement Loan

• Both salaried and self-employed can apply for home improvement loan for financing home renovation & repairs.
• The minimum amount should be Rs 7.5 Lakh.
• Reliance Finance Home Loan Interest Rate for home improvement loan will range from 9.75% to 13% p.a.
• The maximum repayment tenure for home improvement loan will be 20 years.
• All profiles can apply.

Reliance Home Finance Home Loan Balance Transfer

• Opt for Reliance Home Loan Balance Transfer for reducing your EMIs.
• Minimum amount should be Rs 7.5 Lakh.
• Maximum tenure can go up to 20 years.
• The rate of interest will vary from 9.75% to 13 % p.a on floating basis.
• Both salaried as well as self-employed can apply for BT.
• The processing fee is 0.5% to 1.5% of the loan amount.

Reliance Home Finance Home Loan Top Up

• Existing Reliance Home Finance customers can avail of hassle free home loan top up for multiple purposes.
• The minimum amount for top up should be Rs 5 lakh.
• The rate of interest will be according to your previous home loan, in the range of 1-13% p.a.
• Maximum tenure for home loan repayment will be extended up to 20 years.
• Processing fee will also be applicable on the top up amount.

Reliance Home Finance Home Loan for Non Residential Indians

• Special Home Loan scheme for Non Resident Indians or NRIs.
• NRIs can avail of home loan for purchase of housing unit in India.
• Minimum loan application amount should be Rs 7.5 Lakhs.
• Maximum repayment tenure will be extended for 15 years.
• The rate of interest will range from 9.75% to 13.00% p.a. on floating basis.
• Only salaried NRIs can apply.
• The processing fee will be 0.5% to 1.5% of the loan amount.

Pradhan Mantri Awaz Yojna (PMAY)

• PMAY is the central government’s pilot scheme for credit linked subsidy on home loans up to Rs 2.67 lakh.
• The scheme is envisioned to offer affordable housing credit to first time home buyers.
• Home Loan customers eligible for the subsidy can apply for the same on the official PMAY website.
• The approved PMAY beneficiaries get subsidy directly in their loan account.
• The subsidy is extended for maximum up to 20 years.
• The borrowers are divided into 4 categories: Low Income Group (LIG), Economically Weaker Section (EWS), Middle Income Group (MIG) I & Middle Income Group (MIG) II in Rural and Urban Setting.

Check for 25 lakh home loan EMI and apply easily on MyMoneyMantra.

It is completely hassle free to Calculate Reliance Home Finance Home Loan EMI online. All you need to do is share loan details such as Home Loan Amount, Tenure and Interest Rate in Home Loan EMI Calculator and submit. You will instantly get Loan instalment as well as interest burden for overall loan. You will also get an amortization schedule and repayment schedule for loan.

 All in all, using Home Loan EMI Calculator you can make an informed decision.

Existing Reliance Home Finance customers can fill online query form on official website and contact the customer service representatives.

Alternatively you can contact Customer Care Helpline: (022) 3303 6662

Or, Email: customercare@reliancehomefinance.com

You can also initiate conversation by sending sms “HOME” to 561616

For correspondence contact Registered Office & Corporate Office:

The Ruby, 11th Floor,

North West Wing, Plot No. 29,

Senapati Bapat Marg, Dadar (West),

Mumbai - 400 028.

Contact Number: 022 47416400 (chargeable)

Call between 9:30 am to 5:30 pm on working days (Monday to Saturday). This number is not available on public holidays and 2nd & 3rd Saturdays.