Aditya Birla Finance Home Loan

About Aditya Birla Finance Home Loan

Your home is an ideal place where you can build memories with your loved ones. It’s your own self-created place where you can preserve precious memories to recall as years pass by. Aditya Birla Finance Home Loans offers you low-interest loans across different customer segments where you can accommodate your dreams with the loans on delivery.

The home Loans are offered for various purposes- whether it is for purchasing a ready-made home, constructing your house on an acquired plot, making an extension in your already existing home, repairing or renovating it in order to suit your changing needs.

Home Loan

Eligibility & Quotes from top PSU & Pvt. Banks | Lowest Interest Rates | Comfortable Tenure

    Almost done, few more details required.

    Aditya Birla Finance Home Loan Eligibility Criteria

    • The minimum age of an applicant  should be 21 years
    • The maximum age of applicant at loan maturity should be 60 years (for Salaried customers) & 70 years (for Self-employed customers).
    • The minimum loan amount is entitled ₹25 lakhs for Delhi & Mumbai; ₹15 lakhs for all other locations.
    • Loan disbursal facility is available up to 70% of the residential property value or 60% for commercial property.
    • Loan to property value

    Upto 30 lakhs
    30 Lakhs to 75 LakhsMore than 75 Lakhs
    90%
    80%75%

    Aditya Birla Finance Home Loan EMI Calculator

    EMI Calculator is simple to use, intuitive to understand and is quick to calculate. By using

    Aditya Birla Finance Home Loan EMI Calculator, one can relatively assess the monthly EMI which is required to be payable on the home loan opted for. Enter the following information in the EMI calculator:

    • Loan Amount
    • Tenure
    • Interest Rate

    You may get calculated EMI value to be payable against your home loan.

    Here is an example for your reference

    Table Showing EMI, Interest Outgo, and Total Repayment Amount

    Loan AmountInterest RateTenureMonthly InstalmentTotal Interest AmountTotal Amount
    ₹ 15,00,0008.35%1₹ 1,30,726₹ 68,706₹ 15,68,706
    ₹ 15,00,0008.35%2₹ 68,081₹ 1,33,935₹ 16,33,935
    ₹ 15,00,0008.35%3₹ 47,247₹ 2,00,896₹ 17,00,896
    ₹ 15,00,0008.35%4₹ 36,866₹ 2,69,583₹ 17,69,583
    ₹ 15,00,0008.35%5₹ 30,666₹ 3,39,988₹ 18,39,988
    ₹ 15,00,0008.35%6₹ 26,557₹ 4,12,100₹ 19,12,100
    ₹ 15,00,0008.35%7₹ 23,642₹ 4,85,906₹ 19,85,906
    ₹ 15,00,0008.35%8₹ 21,473₹ 5,61,391₹ 20,61,391
    ₹ 15,00,0008.35%9₹ 19,801₹ 6,38,538₹ 21,38,538
    ₹ 15,00,0008.35%10₹ 18,478₹ 7,17,328₹ 22,17,328
    ₹ 15,00,0008.35%11₹ 17,407₹ 7,97,739₹ 22,97,739
    ₹ 15,00,0008.35%12₹ 16,526₹ 8,79,748₹ 23,79,748
    ₹ 15,00,0008.35%13₹ 15,791₹ 9,63,331₹ 24,63,331
    ₹ 15,00,0008.35%14₹ 15,169₹ 10,48,461₹ 25,48,461
    ₹ 15,00,0008.35%15₹ 14,640₹ 11,35,110₹ 26,35,110

    EMI, Total Interest Outgo, Total Repayment (Interest + Principal)

    YearPrincipalInterestBalance Amount
    1₹ 52,399₹ 1,23,275₹ 14,47,600
    2₹ 56,946₹ 1,18,728₹ 13,90,654
    3₹ 61,887₹ 1,13,787₹ 13,28,767
    4₹ 67,257₹ 1,08,417₹ 12,61,510
    5₹ 73,093₹ 1,02,581₹ 11,88,416
    6₹ 79,435₹ 96,238₹ 11,08,981
    7₹ 86,328₹ 89,346₹ 10,22,653
    8₹ 93,819₹ 81,855₹ 9,28,834
    9₹ 1,01,959₹ 73,714₹ 8,26,874
    10₹ 1,10,807₹ 64,867₹ 7,16,067
    11₹ 1,20,421₹ 55,252₹ 5,95,645
    12₹ 1,30,870₹ 44,803₹ 4,64,774
    13₹ 1,42,226₹ 33,447₹ 3,22,547
    14₹ 1,54,567₹ 21,106₹ 1,67,979
    15₹ 1,68,081₹ 7694₹ 0

    Documentation for Aditya Birla Finance Home Loan

    PurposeSalariedSelf Employed/ Professional/ Partnership/ Company
    Proof of Identity and AddressPassport or Voter's ID card or Driving License or Job Card issued by NREGA or Adhaar Card or Registration certificate or PAN card(PAN Card only as identity proof) or any other document as approved by ABHFL
    Proof of IncomeLatest 3 months salary slip which shows all deductions & Form 16IT Returns or financial documents for last 2 years and calculation of income certified by a CA for last 2 years
    Bank Statement where salary or income is creditedLatest 6 monthsLatest 6 months
    Proof of Other IncomeRental receipts or documents which shows receipt of income
    Property DocumentsCopy of Title documents and authorize sanction plan

    Features and Benefits of Aditya Birla Finance Home Loan

    • Loan tenure is applicable up to 30 years.
    • Processing fee up to 1% of the loan amount + GST
    • Quick & transparent processing of home loans.
    • A customer has to choose payment options for home loans. It can be made either choosing simple EMIs or structured repayments.
    • There are no pre-payment charges applicable for floating rate home loans given to individuals.
    • Attractive balance transfer option facility is available to its customers.
    • Door-to-door step services available to its customers.

    Aditya Birla Finance Customer Care Contact Number

    Get your queries resolved relating to interest rates, processing fees, eligibility criteria or any documentation related concern by speaking to an experienced customer care representative of ABFHL. Reach the help desk of ABHFL at +91 84259 55555 or write an email at the email address mentioned on the website.

    People Also Look For

    Personal Loan Interest Rates July 2018
    Bajaj Finserv10.99% - 16.00%
    Fullerton India14.00% - 33.00%
    HDFC Bank11.25% - 21.25%
    ICICI Bank10.99% - 18.40%
    IndusInd Bank10.99% - 16.00%
    Kotak Bank10.99% - 20.99%
    RBL13.00% - 18.00%
    Standard Chartered Bank10.99% - 14.49%
    Tata Capital10.99% - 18.00%
    Home Loan Interest Rates July 2018
    State Bank of India/SBI8.45% - 9.00%
    HDFC8.50% - 9.15%
    Bank of Baroda8.50% - 9.50%
    LIC Housing8.45% - 8.90%
    PNB Housing Finance8.99% - 10.75%
    ICICI Bank8.55% - 8.80%
    Axis Bank8.50% - 8.85%
    Citibank8.40% - 9.20%
    Indiabulls Housing Finance Limited8.50% - 10.80%
    Kotak Bank8.60% - 8.70%
    DHFL9.05% - 9.95%
    Reliance Home Finance8.75% - 10.00%
    EMI Calculator