Reliance Home Loan


  • Know your eligibility for Reliance Home Loans.
  • Check the list of documents you must have to get Reliance home loans.

Everyone desires to purchase a house of their own choice. With the option to get funds at low rate, it becomes easier to make your dream come true. Reliance Home Finance Limited is among those companies who have helped people buy their dream home. There are certain factors based on which the approval is decided. Read more to know about them in detail.

  • Salary package
  • Job stability
  • Bank statement of past six months
  • Salary slip of past six months
  • Property owned
  • Fixed deposits
  • Other loans availed (if any)

Home Loan

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

    Almost done, few more details required.

    Reliance Home Loan May 2018

    Salaried Employees and Self-Employed/Business Professionals are eligible to apply for Reliance Home Loans.

    Interest Rates8.75% - 10.00%
    Loan Amount2 lakhs- Rs. 5 crores
    TenureUpto 30 years
    Age limit > 21 years of age and < 65 years
    Processing FeesNil
    Pre-payment or ForeclosureNil
    Loan to Value80% of the property value

    Documentation for Reliance Home Finance

    The list of documents that you must have to get the approval or even apply for the loan. These are dependent for a salaried person and self-employed.

    For Salaried EmployeeFor Self-Employed/Business Professionals

    KYC Documents :

    Identity Proof - Passport / PAN card / Voter’s Identity Card / Driving License / Identity card with applicant's Photograph issued by Government, Aadhar Card.

    Address Proof - Passport / PAN card / Voter’s Card / Driving License / Latest Utility bill (electricity, telephone, postpaid mobile phone, piped gas, water bill) / Property Tax receipt / Bank or Post Office savings bank account statement / Letter of allotment of accommodation issued OR Leave and license agreements issued by Government to the employee.

    Signature Proof - Driving licence / Passport / PAN Card / Bankers Verification / Registered Sale deed / Government Employee ID card
    -3 Months Salary Slip for Salaried or Salary Certificate

    -Copy of last 2 years Form 16 or IT Return.

    --Bank Statement for the last 6 months of the salary account.

    -Appointment /Confirmation letter if current job tenure is less than 1 yr.
    -Partnership Deed in Case of Partnership Firm; MOA/AOA in case of Company.

    -Copy of IT Return, Computation of Income, CA certified Balance Sheet and Profit & Loss Account, all for the last 2 years.

    -Bank Statement for the last 6 months of the Business accounts

    -Office Address proof.

    -Tax audit report of individual partnership & company

    -Latest Share Holding Pattern Attested by CA/CS in Case of Company.

    -VAT/ Sales Tax Returns

    --List of directors attested by CA/CS in case of Company.

    -Sanction letter for working capital Limits & term loans with SOA.

    -Copy of Degree Certificate in case of Professional.

    -Other General Documents for Salaried and Self Employed

    --Repayment Track Record for 1 year for existing loan.

    -NOC of loan closed within 1 year.

    -Bank debits for all current loans appearing in CIBIL report but not appearing in Bank statements submitted.

    -Duly filled up and signed Application Form and MID.

    -Processing Fee cheque.

    Reliance Home Loan EMI Calculator

    Check your EMI for the amount of loan you wish to take from Reliance Housing Finance. Enter the details such as  loan amount, tenure, interest rate in loan EMI calculator and fetch your EMI value.

    Table Showing EMI, Interest Outgo, and Total Repayment Amount

    Loan Amount Interest Rate Tenure Monthly Instalment Total Interest Amount Total Amount

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

    Year Principal Interest Balance Amount

    Reliance Home Loan Eligibility Calculator

    You can also check your home loan eligibility before applying. On the basis of your monthly income, tenure, expected interest rate and existing liabilities help you decide for the loan amount to apply.

    Suppose you are working in an MNC and earning a monthly salary of Rs. 50,000. Out of which, you wish to save Rs. 10,000 for repaying it towards your EMI. Ideally, EMIs fall in the bracket of 50%-60% of your net salary for disbursing the higher amount of loan.

    So, now, if you calculate your amount, tenure, and rate of interest, you will get to know your EMIs that you will have to pay every month so as to repay the loan amount that you are eligible for.

    Amount- Rs. 1,00,000

    Rate of Interest-9.55% p.a.

    Loan Tenure-30 Years

    Per Lac EMI- Rs. 845

    Loan Amount Eligibility- Rs. 100,000 x savings/per lac EMI

    – Rs. 100,000 x 10,000/845= Rs.11.83 lacs(approx.)

    So, the expected home loan amount from Reliance Home Loan amounts to Rs.11.83 lacs(approx.)

    Features and Benefits of Reliance Home Loan

    • Customized Loan Solution
    • Higher Loan Eligibility
    • Attractive Interest Rates
    • Longer tenure and lower EMI
    • Availability of Loans under “No Income Proof” scheme
    • Balance Transfer at attractive rate of Interest
    • Simplified documentation
    • Quick and Transparent Processing
    • Loan sanction possible before selecting the property
    • Doorstep service

    Reliance Home Loan Customer Care Contact Number

    If you are interested in obtaining a loan from Reliance Home Finance Company, contact an experienced customer care representative of Reliance Home Loan on : 1800 200 3838/1800 210 3030.

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    EMI Calculator