Aadhar Housing Finance – Product offering
HOME LOAN:
1. Home Loan: To purchase of new house or resale house situated within Municipal / Local Development Authority limits and in Gram Panchayat
for salaried and Self employed customers. (Loan amount up to 75% to 85 % of cost of the property can be available )
2. Plot Purchase or/ and Construction: Loan to purchase non-agricultural land situated within Municipal / Local Development Authority limits and
in Gram Panchayat along with construction of house on purchase land , whether you are salaried or self-employed.
3. Home Improvement Loan: Loan for enhancing your home in many ways such as tiling and flooring, internal and external plaster and painting etc.
4. Home Extension Loan: Loan to extend or add space to home such as additional rooms etc.
5. Balance Transfer + Top up: Transfer of outstanding Home Loan availed from another Bank / Financial Institution + Additional funds for personal
or business needs (other than for speculative purposes)
6. Balance Transfer: Transfer of outstanding Home Loan availed from another Bank / Financial Institution.
NON HOME LOAN:
1. Loan Against Property: Loan against existing property for personal use. (residential as well as commercial property)
2. Loan to Purchase/ construct Non-Residential property : Loan to purchase /construct Non-residential property.
Aadhar Housing Finance – Loan eligibility and ROI matrix
AHFL Loan Details
Loan Type Home Loan Loan Against Property
Customer Type Salaried/ Business Salaried/ Business
Minimum Salary / Income required Rs 5000, total income for a loan is min Rs. 10,000/- Rs 15000
Age of Applicant 21 (Age for non-financial co-applicant 18 years) 21 (Age for non-financial co-applicant 18 years)
KYC, Banking, Salary slip/Salary certificate and Property documents (We also KYC, Banking, Salary slip/Salary certificate and Property documents (We also
Minimum Documents required
consider No income proof (Non ITR) Self Employed profiles) consider No income proof (Non ITR) Self Employed profiles)
Loan Value* Min Rs. 1,00,000/- Min Rs. 1,00,000/-
Property Details DA and Non-DA Both DA and Non-DA Both
Tenure* Max 30 years Max 15 years
Initial Processing Fees 3500 + GST 3500 + GST
Administrative Fee* (Approximately) 1.5% + GST (2% + GST for NIP profile) 2% + GST
ROI* Starting from 10.5% Starting from 14%
TAT* 7-10 Days 7-10 Days
* Final offered rate will depend on the Profile and property being offered as security (for Loan Against
Property)
*Loan Tenure Depends on current age of Customer
* Disbursement is subject to Positive vetting and verification of all Income & KYC documents submitted
and Property Documents for title clearance and Marketability and Market Value.
Aadhar Housing Finance – Customer Segment
Formal Informal
Segment Segment
2. SEP 3. SENP
1. Salaried (Bank (Self Employed (Self Employed Non- 1. Salaried (Cash)
2. NIP
Credit ) (No Income Proof)
Professional) Professional)
Residential Indian /
Work independently Works independently Any Self Employed
Non-residential Professional/ Non-
Indian / Trades against Occupation does not
professional skills/ professional, without
need any professional
Person of Indian services appropriate Income Proof
training/ skills
Origin. Document
Aadhar Housing Finance – Documentation required for login application
Customer Latest Photograph
Valid Identity proof
Valid Signature Proof
Valid Residence &
Office/Business Address Proof
Valid Income Proof available
Valid Bank Statement
Initial Login fees
Login Process flow at AHFL ( For converted leads )
CSC will Create AHFL Team will AHFL Team will
Credit History
a Lead & send complete file Login file with
Check
to AHFL documentation Lead No
Technical,
Legal Eligibility Personal
First Sanction
Evaluation and Check Discussion
Final Sanction
File
Disbursement
->Chq Hand
over
