Repco Home Finance Home Loans

Disclaimer: Repco Home Finance Limited is not a Paisabazaar partner and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to Repco Home Finance Limited for home loans. No offers/services from Repco Home Finance Limited are being provided by Paisabazaar for home loans. For further information about Repco Home Finance Limited for home loans, users are required to reach out directly to Repco Home Finance Limited.

Note: Rates as of 23 June 2025.

Repco Home Finance Interest Rate 

Repco home loan interest rates start from @ 9.60% p.a. onwards. The HFC also offers an interest rate concession of 0.25%  in card rates to home loan applicants opting for REPCO Green Home Loan scheme. The final home loan interest rate offered to the applicants depend upon age, monthly income, job profile, employer’s income, credit score, loan repayment history, etc.

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Repco Home Loan Fees and Charges

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Types of Repco Home Finance Schemes

Dream Home Loan

• Purpose: For the purchase, sale, or resale of a property
• Loan Amount: Up to 85% for construction and up to 80% for purchase of a house/flat
• Tenure: 25 years

Home Makeover Loan

• Purpose: For remodelling, repair, renovation, and alteration of your home property
• Loan Amount: Up to 70% of the estimated renovation or repair cost; up to 50% of the post-development value of the building
• Tenure: Up to 10 years

Plot Loan

• Purpose: For the purchase of a vacant plot.
• Loan Amount: Up to 75% of the cost of the plot.
• Tenure: 10 years

NRI Housing Loan

• Purpose: For the purchase and construction of a property for non-resident Indians
• Loan Amount: Up to 85% of construction and up to 80% for the purchase of a residential property
• Tenure: 10-15 years

Fifty Plus Loan

• Purpose: For salaried individuals (especially government employees) above 50 years of age for construction/purchase of a property. Loan disbursements and repayments are structured on the basis of pension income/retirement terminal benefits
• Loan Amount: Up to 85% for construction and up to 80% for purchase
• Tenure: 20 years (repayment has to be completed by the age of 70 years)

Composite Loan

• Purpose: Combined loan for plot purchase and house construction (Construction should be commenced within a maximum period of 6 months after obtaining necessary approvals)
• Loan Amount: Up to 75% of the plot cost and up to 85% of the construction cost
• Tenure: 25 years

Repco Nivaran Plus

• Purpose: Top up loan scheme, a non-housing loan to fulfil the business development and liquidity needs of the existing customers
• Tenure: 10 years

Repco Privilege Loan (Takeover + BT/Top-up Loan)

• Purpose: Balance transfer or takeover of the loan at a low rate of interest
• Tenure: Up to 2 years

Additional Home Loan Schemes offered by Repco Home Finance include Repco Green Home Loan, Repco Easy Home Loan, Repco Advantage Loan, Repco Home 25 and Fifty Plus Loan.

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Eligibility Criteria for Repco Home Loan

• The applicant should be an Indian resident, except for NRI housing Loan
• The minimum age limit should not be less than 18 years
• The maximum age limit should not exceed 70 years

Documents Required for Repco Home Finance

• Address Proof of the applicant
• ID proof
• Recent passport-sized coloured photographs

For salaried individuals:

• Last six months salary slips
• Form-16
• Employer ID card

For self-employed individuals:

• Last 3 years income tax returns documents
• Business Registration Certificate
• Last 6 months bank statements of business accounts
• GST returns for the past 6 months
• Property documents
• Details of any current loan

For NRI Individuals:

• Passport/Visa/Work Permit
• Current salary statement
• Proofs for money transfer to India

Salaried or self-employed individuals planning to apply for home loan with Repco Home Finance can take the help of home loan EMI calculator to know their EMIs and total interest cost as per the offered interest rates and repayment tenure. This shall also help them in choosing the optimum loan tenure as per their repayment capacity.

Repco Home Loan EMI Calculator

FAQs on Repco Home Finance

1. Who can be the co-applicant to my home loan availed from Repco Home Finance?
Ans. Your spouse can be the co-applicant to your home loan availed from Repco Home Finance.

2. Can I choose between fixed and floating rates from Repco Home Loan?
Ans. Repco Home Finance offers home loans at floating rates only.

3. What is the minimum credit score required to avail home loans from Repco Home Finance?
Ans. Repco Home Finance has not specified any cut-off credit score for home loan applicants. However, applicants with credit score of 750 and above usually have higher chances of availing home loans. Lenders usually charge lower home loan rates for such applicants.

4. What is the turnaround time for the sanction of home loan availed from Repco Home Finance?
Ans. Repco Home Finance takes 4-7 working days for the sanction of home loans from the date of receipt of all the income/personal documents and processing fee as applicable. The HFC’s representative visits the applicant to validate the information. The documents are credit appraised and decision is taken on loan sanction. An offer letter along with the list of legal/property documents is delivered to the home loan applicant.

5. How long does it take for the disbursement of home loans availed from Repco Home Finance?
Ans. It takes 4-7 working days for the disbursement of home loans from the date of receipt of all the documents. The HFC’s representative visits the applicants and collects the legal/property documents, loan documents and PDC’s. An advocate from RHFL panel investigates the legal/ property documents. An officer from RHFL visits the property. The collaterals and proof of own contribution is submitted to the HFC. The disbursement cheque is then prepared.

6. What is the time limit for availing the sanctioned loan?
Ans. The sanctioned loan can be availed within 60 days from the date of sanction.

7. Can I increase the tenure of my home loan availed from Repco Home Finance to reduce my EMI?
Ans. Repco Home Finance has not mentioned the option of increasing the home loan tenure to reduce the home loan EMI of its borrowers. However, many lenders allow their home loan borrowers to increase their loan tenure in case of cash flow problems. Request for increase in loan tenure is considered as loan restructuring, which results in the reduction in credit score of the borrower by the credit bureaus. This would adversely impact their future loans and credit card eligibility.

Instead of increasing their home loan tenures, existing home loan borrowers of Repco Home Finance should opt for Home Loan Balance Transfer facility for transferring their home loans to other lenders at lower interest rates. Lower interest rates would lead to lower EMIs without adversely impacting their future loan or credit card eligibility. Those seeking further reduction in their EMIs can opt for longer tenure while transferring their home loans.