Home Loan Eligibility
Home Loan Eligibility Calculator is used to determine the home loan amount that can be availed in getting your dream home. Almost every bank and NBFC (Non-Banking Financial Company) provides access to the Home Loan Eligibility Calculator. At Paisabazaar, you can check your home loan eligibility and also further check and compare home loan deals from several banks at no cost with accurate results.
|Home loan eligibility factors||Home loan eligibility criteria|
|Age of the Applicant||Minimum: 18 yrs. Maximum: 70 yrs.|
|Minimum Income Eligibility||Rs. 25,000|
|Type of Employment and
|Salaried Professional, Self Employed are eligible.
Minimum work experience should be
3 years for salaried and 5 years for business.
|Status of Employment||Regular: at least 1 years in
at least 2 years of prior employment
|Credit Rating and
minimum cibil score
|Credit rating should be good
as per recognized credit bureau.
Minimum cibil score is 650.
|Maximum Loan Eligibility||Up to 90% of Property value|
|Eligibility with Co-applicant
or Joint home loan
|2-6 earning family members may
be added to get higher loan eligibility
|Type of property being purchased||Affects loan amount eligibility|