ISFC extends loans amounts upto 10 lacs to urban households with monthly incomes (documented or undocumented) of Rs 10,000 and more. Interest rates range from 16% to 18.5% for housing loans. Interest rates are higher for home equity loans (or Loan against Property), where the end-use is not for housing. A file processing fee of 2.5% – 3.0% (including service tax) is charged for housing loans.
- Loan amount between Rs 150,000 – Rs 10,00,000.
- Tenor up to 15 years
- Loan Approval within 7 days
- Easy monthly repayment schedule
- No Prepayment charges for Home Loans*
- Loans can be taken for the following end uses :
- Purchase of property
- Adding additional rooms
- Put up an additional floor to an existing home r
- Internal or external repairs to existing homes
- Loan Against property for business or personal purpose.
- Assistance on phone available at local call rates in Hindi and English
- Our loans are also available at a fixed rates. That means that the EMIs don’t vary with the volatility in the market or a change in the interest rates
* Conditions apply