Rose Valley Home Loan - Rates March 2024, Eligibility, EMI Calculator, Apply

Rose Valley Home Loan

About Rose Valley Home Loan

Buying a home can be thrilling and distressing at the same time, especially for a first-time homebuyer — it’s difficult to know exactly what to expect. But you need to set your budget upright for meeting your home loan obligations. It’s best to go for a reliable housing finance company that take care of your requirements for obtaining a home loan. From there, Rose Valley Housing Development Finance Corporation Limited comes up in existence for extending the home loan to bonafide Indian residents either singly or jointly, with minimum 21 years of age. The loan amount and conditions differ based upon the specified criteria. Home loans are offered for either residential purpose, purchase of a new home, constructing your home on an acquired plot, extending or repairing your own home and renovating your existing house.

Home Loan

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

    Almost done, few more details required.

    Rose Valley Housing Finance Eligibility Criteria

    Salaried employees, self-employed professionals, and businessmen are entitled to avail Rose Valley Home Loan.

    Particulars Description
    Interest Rates Floating Rate : 11.50%
    Loan Amount From Rs. 10 lakhs upto Rs. 45 lakhs
    Tenure  15 years from the date of first disbursement of loan, subject to period of service left for service holders.
    Age criteria > 21 years of age and < 65 years
    Processing Fees                                       1.00% of the loan amount
    Pre-payment or Foreclosure Nil
    Loan to Value 65% of property value or Rs. 10.00 Lac whichever lower applicable on Mortagage Loan

    Rose Valley  Home Loan Eligibility Calculator

    You can check your eligibility online using the eligibility calculator. The eligibility calculator is available on the website of  Repco Home Finance Ltd . Fill in the appropriate details in the following fields and click on submit button :

    • Your monthly income
    • Tenure
    • Expected interest rate
    • Existing Liabilities

    Documents required for a Rose Valley Home Loan

    The list of documents required for Rose Valley home loans is mentioned in the table below:

    Purpose    Salaried Self Employed/ Professional/Partnership/Company
    Proof of Identity and Address Proof of Identity: a) Voter ID card, b) Passport, c) Driving license,  f) Identity Card issued by employer( if employed in Central or State Govt. organization), g) PAN Card.
    Proof of Address: a) Voter ID card, b) Passport, c) Ration card, d) Driving license, e) Current  telephone bill / electricity bill  f) Identity Card issued by employer( if employed in Central or State Govt. organization).
    Proof of Income Latest 3 months salary slip which shows all deductions & Form 16 Balance Sheet, IT 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 credited Latest 6 months Latest 6 months
    Proof of Other Income Rental receipts or documents which shows receipt of income
    Property Documents Deed of Sale evidencing ownership of the plot/property.
    Sale agreement with the Builder/Vendor/Society/Association for properties.
    Copy of valid and approved building plan of existing or proposed construction/extension incorporating site plan and boundary of the plot.
    Detailed cost estimate from Architect/Engineer for the property to be purchased/constructed/extended/ renovated.
    Copy of Mutation Certificate and parcha.
    Copy of Municipal Tax Receipts.
    Location sketch with details of property.  Additional documents are required for purchase from Society/Association
    Firm allotment letter of the Co-operative Society / Association of apartment owner accompanied by a copy of the Resolution of the Managing Committee related thereto.
    Receipt for payments made to the Builder / stamped receipts of payments made to the Society.
    Floor plan showing location of the flat duly certified.
    Copy of development agreement and Power of Attorney.
    Receipt for payments made to the Builder / stamped receipts of payments made to the Society.
    For purchase from Builders a copy of Certificate of Registration and permission for construction.
    Copies of Partnership Deed / Memorandum of Association of developer’s Co. Additional documents for take over of existing housing loans.
    Certificate of loan outstanding issued by the lender Bank/ FI in case of take over loans.

    Features and Benefits of Rose Valley Home Loans

    • Loan schemes with simple terms
    • Customer friendly and transparent procedure
    • Quick sanction and disbursement of loans
    • Personalized and warm customer service

    Rose Valley Home Loan Customer Care Contact Number

    Whether you want to know about the applicable interest rate, eligibility criteria, any other document to produce or the type of property which you want to mortgage? Speak to an experienced customer care representative of Rose Valley Home Loan on :  +91 99033 13333 or write an email at the email address mentioned on the website.

    Rose Valley Home Loan EMI Calculator

    Now you can easily buy the house of your dreams. With the help of Rose Valley Home Loan EMI Calculator, it is possible to do so. All you need is to fill the details in the EMI calculator such as loan amount, the number of months and interest rate applicable on your loan.You may get the  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
    ₹ 15,00,00012.45%1₹ 1,33,589₹ 1,03,070₹ 16,03,070
    ₹ 15,00,00012.45%2₹ 70,926₹ 2,02,220₹ 17,02,220
    ₹ 15,00,00012.45%3₹ 50,144₹ 3,05,201₹ 18,05,201
    ₹ 15,00,00012.45%4₹ 39,833₹ 4,11,983₹ 19,11,983
    ₹ 15,00,00012.45%5₹ 33,709₹ 5,22,526₹ 20,22,526
    ₹ 15,00,00012.45%6₹ 29,677₹ 6,36,779₹ 21,36,779
    ₹ 15,00,00012.45%7₹ 26,841₹ 7,54,680₹ 22,54,680
    ₹ 15,00,00012.45%8₹ 24,752₹ 8,76,158₹ 23,76,158
    ₹ 15,00,00012.45%9₹ 23,159₹ 10,01,134₹ 25,01,134
    ₹ 15,00,00012.45%10₹ 21,913₹ 11,29,518₹ 26,29,518

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

    YearPrincipalInterestBalance Amount
    1₹ 80,703₹ 1,82,248₹ 14,19,296
    2₹ 91,345₹ 1,71,606₹ 13,27,950
    3₹ 1,03,389₹ 1,59,562₹ 12,24,561
    4₹ 1,17,022₹ 1,45,930₹ 11,07,538
    5₹ 1,32,452₹ 1,30,500₹ 9,75,086
    6₹ 1,49,916₹ 1,13,035₹ 8,25,169
    7₹ 1,69,684₹ 93,267₹ 6,55,485
    8₹ 1,92,058₹ 70,894₹ 4,63,427
    9₹ 2,17,382₹ 45,570₹ 2,46,045
    10₹ 2,46,270₹ 16,907₹ 0

  • Home Loan Interest Rates March 2024
    Axis Bank8.75% - 9.15%
    Bank of Baroda8.50% - 10.60%
    Citibank8.75% - 9.15%
    HDFC8.50% - 9.40%
    ICICI Bank9.00% - 9.85%
    Indiabulls Housing Finance Limited8.65%
    Kotak Bank8.70%
    LIC Housing8.50% - 10.50%
    Piramal Capital & Housing Finance10.50%
    PNB Housing Finance8.50% - 10.95%
    Reliance Home Finance8.75% - 14.00%
    State Bank of India/SBI9.10% - 9.65%
    Tata Capital8.95% - 12.00%