Vastu Housing Finance

Vastu Housing Finance

Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range
Action

Rate of Interest

  • Floating Rate of Interest : 14 % to 18 % p.a.

Eligibility Criteria

  • Minimum 21 years of age and maximum 65 years
  • Loan period from 1 year to 15 years
  • Should be either salaried or self-employed and have regular source of income
  • Should have sufficient income to pay EMI on required loan
  • Applicant must be Indian Citizen, in case of NRI or person of Indian origin it should be properly documented

Fees and Charges

  • Processing  Fee 2%  depends on type and category of borrower
  • Preclosure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

  • KYC- Pan Card, Adhar Card, ID Proof and Address proof
  • ITR with computation for 3 years with Income proof
  • Bank Statement
  • Photograph
  • 2 references

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • No guarantor required
  • No pre-closure or part payment fees
  • Balance Transfer Allowed
  • Top up available

Overview about Vastu Housing Finance

Vastu Housing Finance Corporation Limited is a public incorporated on 4th February 2005.Vastu Housing Finance Corporation Limited’s Annual General Meeting was last held on 15 June 2016. It is classified as Non-govt Company and is registered at Registrar of companies, Mumbai. It’s authorized share capital is Rs. 1,350,000,000.

Your Eligibility depends on following


You should be minimum 21 years old

You should be maximum 65 years old

You should be salaried or self employed

You should have sufficient income to pay EMI on required loan

You can increase your eligibility by doing following

Minimum income required Rs.25,000 per month
EMIs of other loans lower your eligibility
Pay off your credit card bills
Choose longer tenure loan up to 15 years

Rate of Interest and Other Charges for Loan Against Property are following

Rate Of Interest:

Sno.

Loan Type

Rate Of Interest

1

Loan Against Property(Floating)

14%  to 18%

Existing Loan take over or New Loan

Here are some points for this:

  • Loan can be applied online
  • Longer tenure period
  • Specially designed loan for self-employed individuals
  • Multi-purpose loan facility
  • Loan against both residential and commercial property
  • Speedy loan approval
  • Lower EMI
  • Flexible repayment facility
  • Higher loan amount

Features of Loan

 Features and benefits of Vastu Housing Finance Loan Against Property

  • Simplified documentation process
  • Skilled and efficient trained Team
  • Personalized customer service
  • Quick and efficient processing
  • Competitive home loans interest rate
  • Transparent processes
  • Tailor-made solutions to accommodate your needs

Documents required for Vastu Housing Finance  Loan against Property

For Salaried Individuals:

  • Proof of Residence(any of the following documents will be accepted)
  1. Ration Card
  2. Telephone Bill
  3. Electricity Bill
  4. Voter’s ID Card
  • Proof Of Identity(any of the following documents will be accepted)
  1. Voter’s Card
  2. Driver’s License
  3. employer’s Card
  • Bank Statement / Passbook of last 6 months
  • Salary slip of last 6 months.
  • Form 16 for previous 2 years.
  • Legal documents of the concerned property.

For Self-employed individuals

  • Certified financial statement of last 3 years.
  • Proof of Residence (any of the following documents will be accepted)
  1. Ration Card
  2. Telephone Bill
  3. Electricity Bill
  4. Voters Card
  • Proof of Identity (any of the following documents will be accepted)
  1. Voter’s Card
  2. Driver License
  3. Employer’s Card
  • Latest Bank Statement or Passbook
  • Copies of all property documents which you want to use as collateral.