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HomeCapital Home Down Payment Assistance (DPA) Program

HomeCapital Home Down Payment Assistance (DPA) Program

Last Updated : Oct. 14, 2022, 6:03 p.m.

Down payment is one of the most important components of the home-buying process. The total down payment can sometimes exceed 20% of the total value of the home. Buyers, especially young ones, have to rely on precious savings to buy a home. Apart from this, personal loans or family borrowings are expensive options that cost more and include many complications. Everyone aspires to buy their own home soon, and thanks to lower interest rates and several government schemes, it has become easier to buy one. HomeCapital is a platform that helps people buy their first home through its Home Down Payment Assistance Program. The objective is to provide 50% interest-free credit for a home down payment. The company supports home buyers by providing financial assistance.

What is the HomeCapital Program?

First-time home buyers are often unaware that they have to make a down payment before they can opt for a home loan to purchase a property. Simply put, the home down payment must be organized by the buyer itself. The program is a boon for renters looking to become a homebuyer and the solution is designed for professionals and young home buyers.

HomeCapital is India’s first down payment assistance program. It helps home buyers by providing interest-free credit up to 50% of the home down payment amount. It is a form of an unsecured interest-free loan that can be repaid in flexible 3, 6, or 12 EMIs. The loan covers the down payment amount, stamp duty, and registration, as well as intermediate and final payments for the home.

For example: Let’s assume Mohan wants to buy a house worth Rs 1 crore. With 10% as the down payment, he must pay 10 lakhs. But thanks to HomeCapital’s Home Down Payment Assistance Program, Mohan can avail of Rs 5 lakhs as an interest-free loan, reducing his direct payment to the developer by 50%.

HomeCapital Interest-Free Assistance

Mentioned below are the requirements for which the HomeCapital program provides interest-free assistance:

  • Down Payment
  • Payments on Possession
  • Stamp Duty Payments
  • Other intermediary charges


  • You have to repay only the principal amount.
  • Flexible repayment tenure of 3,6 and 12 months.
Home Loan80% of ₹50 lakhs (₹40 lakhs)
Down Payment20% of ₹50 lakhs (₹10 lakhs)
Your Contribution₹5 lakhs
HomeCapital DPA₹5 lakhs
Tenure12 months
EMI₹41,666 per month

Benefits of The HomeCapital Program

Here are the features of the HomeCapital Program:

  • It helps accelerate homeownership for renters..
  • The assistance provided is interest-free.
  • It provides a fully digital application process.
  • In-principle approval within minutes.
  • The loan agreement is signed digitally.


The eligibility required to apply for The HomeCapital Program:

  • Apply and get your eligibility check within minutes.
  • Minimum age required 21-60.
Credit Score>= 650
No. of DPDs<= 5
Account Delinquent0
Monthly Income>= Rs 50,000
Min DPA>= Rs. 50,000
Max DPA<= Rs. 15,00,000

How to Apply?

Here are the pointers to apply for HomeCapital Program:

  • Navigate to the website .
  • Click on the apply button .
  • On the applicant’s account the money gets deposited within a day.


The HomeCapital Home Down Payment Assistance Program is a cutting-edge platform specially designed to accelerate homeownership. The various tenures offer flexibility and the fully-digital application process ensures a seamless experience.

To Know More Details: https://homecapital.in/

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