Khush Housing Finance Home Loans

• Speedy loan approval
• Longer repayment period of up to 20 years
• Customized home loan solutions
• Customers with informal income source can apply
• Can avail home loan tax benefits

Get Home Loan at the Low Interest Rate from Top Lenders Apply Now

The rate of interest offered by Khush Housing Finance depends on market conditions. Borrowers may connect with the customer care team to know the prevailing interest rate.

* Goods and Services Tax (GST) as applicable will be levied in addition to the mentioned charges.

Home loan eligibility is calculated by taking certain factors into consideration, such as the applicant’s monthly income, fixed monthly commitments, assets, age, qualification, employment and savings background, and market value of the property to be bought/financed.

Following are the documents required to successfully apply for Khush Housing Finance Home Loan.

• Duly filled in application form
• Photo identify proof – PAN card, Aadhar card, voter’s ID card or passport
• Address proof such as Aadhar card, ration card, electricity bill, telephone bill,etc.
• Income proof documents (if available)
• Bank passbook or statement of past two years
• Power of Attorney (wherever applicable)
• Details of assets owned
• Track record of loan repayment, if any

Khush Housing Finance Home Loan EMI calculator can be found at www.paisabazaar.com. It allows easy calculation of monthly instalment to be paid towards the repayment of the availed loan amount within the selected tenure. Knowing the EMI in advance helps to manage the finances better. Some of the points that affect the EMI are interest rate, loan tenure, principal amount or the amount to be borrowed and the credit score.

• Loan Amount: This is the principal amount borrowed from the bank. In case of higher loan amount, the EMI will be higher
• Rate of Interest: This is the most important point determining the ability and the ease to repay the loan. Different lending institutions offer different interest rates which keep changing from time to time. Higherinterest rate on the loan means higher EMI
• Loan Tenure: This is the time duration within which the borrower needs to fully repay the loan amount. Loan tenure depends on the borrower’s current age and the retirement age. Longer tenure means smaller EMIs and vice-versa

1. Home Loan (Purchase of New House):The scheme is suitable for buying a house or a flat. The loan amount will depend on the value of the property, income and other eligibility criteria of the borrower.
2. Home Renovation: This scheme is suitable for repair, structural improvement, painting, waterproofing, plumbing and electrical works, upgrading the flooring, tiling, construction of compound wall etc. of the owned house/property. The maximum loan amount available under this scheme is Rs. 10 lakh, which is decided after taking into account the cost of repair/renovation and repayment capacity of the borrower.
3. Loan For Construction: The product is suitable for customers who own a plot and desire to build a house on it. The loan amount is decided by taking certain factors into account, such as the market value of the property, cost of construction, income eligibility etc.

Customers can apply online for Khush Housing Finance Home Loan through Paisabazaar.com by following the below-mentioned steps.

• Follow the link https://www.paisabazaar.com/home-loan/
• Fill the form by providing relevant details like the loan amount, city of the property, tenure, etc.
• On filling all the required details, click on the ‘Proceed’ button

Soon, a representative from Paisabazaar will contact you on the provided contact number to process your application.

Customers can reach out to Khush Housing Finance on the below mentioned details to get their home loan-related queries addressed.

Call at +91 22 28067284

Mail at homeloan@khfl.co.in

Q1. What is the security required for the loan?
Primarily, equitable/registered mortgage of the property acquired out of the sanctioned loan will be considered as the security. Other than this, depending on the circumstances, additional securities such as third party guarantee may be required.

Q2. Do I require a guarantor to avail a home loan?
Yes. At least, one guarantor is required to avail a housing loan.

Q3. Who all can be co-applicants in a home loan?
Applicant’s spouse, parents, and other close relatives who have attained majority can join as co-applicants. However, if there are other co-owners of the property for which you are availing the home loan, then it is mandatory to include them as co-applicants.

Q4. How do I repay my home loan?
Repayment of the loan is to be made monthly,  in the form of  Equated Monthly Installments (EMIs) through post-dated cheques. However, Khush Housing Finance Pvt. Ltd. is in the process of tying up with the banks and would soon be accepting payments through ECS mode (Electronic Clearing Service) also.