Religare Home Loan

Disclaimer: Religare Housing Finance 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 Religare Housing Finance for home loans. No offers/services from Religare Housing Finance are being provided by Paisabazaar for home loans. For further information about Religare Housing Finance for home loans, users are required to reach out directly to Religare Housing Finance.

Religare Housing Finance Highlights
Interest Rate	As per the applicant’s credit profile
Loan Amount	Rs 2 lakh to Rs 75 lakhs
Loan Tenure	Up to 25 years
Processing Fees	Up to 3.5% of the loan amount

Updated on 10 September 2025

Religare Home Loan Interest Rates

Religare Housing Finance has not explicitly specified the interest rates for home loan. However, the housing finance company has specified the Prime Lending Rate @ 20% p.a. as a benchmark for setting floating interest rates. RHDFCL may consider the credit score, employment profile, loan amount, employer’s profile, monthly income, etc. of its applicants while setting their home loan interest rates, just like many lenders do. The home loan interest rate offered by the housing finance company are floating and fixed in nature.

Compare Home Loan Interest Rates with Other Lenders

Name of Lender	Loans of Up to Rs. 30 Lakh
Bank of India	7.10% p.a. onwards	Check Eligibility
State Bank of India	7.25% p.a. onwards	Check Eligibility
Punjab National Bank	7.20% p.a. onwards	Check Eligibility
Canara Bank	7.15% p.a. onwards	Check Eligibility
HDFC Bank	7.90% p.a. onwards	Check Eligibility
Bajaj Housing Finance	7.40% p.a. onwards	Check Eligibility
ICICI Bank	7.65% p.a. onwards	Check Eligibility
Axis Bank	*8.25% p.a. onwards	Check Eligibility
Federal Bank	*7.90% p.a. onwards	Check Eligibility
Kotak Mahindra Bank	7.70% p.a. onwards	Check Eligibility
IDFC FIRST Bank	8.85% p.a. onwards	Check Eligibility
IDBI Bank	7.35% p.a. onwards	Check Eligibility
RBL Bank	8.20% p.a. onwards	Check Eligibility
Tata Capital Housing Finance	7.75% p.a. onwards	Check Eligibility
PNB Housing Finance	*7.20% p.a. onwards	Check Eligibility
Sammaan Capital (Formerly known as Indiabulls Housing Finance)	8.75% p.a. onwards	Check Eligibility
India Shelter Home Loan	8.43% p.a. onwards	Check Eligibility
L&T Finance Limited	*8.40% p.a. onwards	Check Eligibility
Godrej Housing Finance	7.75% p.a. onwards	Check Eligibility
Home First Finance	8.00% p.a. onwards	Check Eligibility
Easy Home Finance	8.99% p.a. onwards	Check Eligibility
Piramal Capital Housing Finance	*8.25% p.a. onwards	Check Eligibility
Shubham Housing Finance	10.45% p.a. onwards	Check Eligibility
Punjab & Sind Bank	7.30% p.a. onwards	Check Eligibility
Jio Housing Finance	8.20% p.a. onwards	Check Eligibility
HDFC Sales Pvt Ltd	7.90% p.a. onwards	Check Eligibility

Religare Home Loan Fees and Charges

Part-Prepayment/Foreclosure Charges

Particulars	Charges
Fixed Rate Loans	2% of the loan amount paid NIL, if paid from own sources
Floating Rate Loans	NIL for individual borrowers 2% of the loan amount paid, in case end use is for business purpose or home loan borrower is not an individual

 Processing Fees & Other Charges

Particulars	Charges
Processing Fees	Up to 3.5% of the sanctioned loan amount
Property Swap Charges	2% of outstanding principal amount
CERSAI Fees	Rs 50 (for loans up to Rs 5 lakhs)
	Rs 100 (for loans above Rs 5 lakhs)
Swap Charges/EMI Cycle change	Rs 1,000
Document Retrieval	Rs 1,000
Loan Cancellation Charges	Rs 5,000 + interest from the date of loan disbursement till the date of request for loan cancellation
Change in loan tenor, EMI, addition or deletion of co borrower(s) post loan disbursement	Rs 10,000
Post closure documents handling charges	Rs. 500/day beyond 30 days from the date of loan closure
Penal Charges for delayed EMI or PEMII	2.5% per month (30% p.a.) on the EMI/PEMII
Refund of Processing Fees	Rs 5,000

Types of Religare Housing Loan

Religare Home Purchase Loans

Purpose: Prospective borrowers can avail home loan for the acquisition of ready-to-move in residential units.

Tenure: Up to 25 years. The tenure will not extend beyond 65 years of age.

Loan Amount: Rs 2 lakh to Rs 75 lakhs

LTV Ratio: Up to 75%

Religare Home Improvement Loans

Purpose: Religare Housing Finance offers Home Improvement Loans for repainting, renovation, repair and purchase of furniture, fixtures and furnishings, etc. The loan is offered to both existing and new applicants.

Tenure: Up to 25 years. The tenure will not extend beyond 65 years of age.

Loan Amount: Rs 2 lakh to Rs 75 lakhs

LTV Ratio: Up to 75%

Religare Home Extension Loans

Purpose: Home loan applicants planning to extend their existing residential property by adding a bedroom, building an extra room on terrace or additional floor, etc. can avail Home Extension Loans from RHDFCL.

Tenure: Up to 25 years. The tenure will not extend beyond 65 years of age.

Loan Amount: Rs 2 lakh to Rs 75 lakhs

LTV Ratio: Up to 75%

Religare Home Construction Loans

Purpose: RHDFC offers Home Construction Loans for the construction of house on self-owned plot of land situated within Local Development Authority or Municipal limits. The loan is offered to both salaried and self-employed applicants.

Tenure: Up to 25 years. The tenure will not extend beyond 65 years of age.

Loan Amount: Rs 2 lakh to Rs 75 lakhs

LTV Ratio: Up to 75%

Eligibility Criteria for Availing Religare Home Loan

Stated below are the eligibility criteria for availing home loans from Religare Housing Finance:

• Minimum age: 21 years (25 years in case of NRI applicants)
• Maximum age: 65 years at the end of loan tenure
• Work experience: Minimum 2 years in case of documented profile and 3 years in case of semi-documented profile

The housing finance company can also consider the credit score, nature of business (self-employed applicants), job profile (salaried applicants), monthly income, etc. of its applicants while evaluating their home loan eligibility, just like many lenders do.

Religare Home Loan Documents Requirements

Stated below are the documents required for availing home loan from Religare Housing Finance:

• Application Form, duly signed by all guarantors, applicants and co-applicants
• Coloured Photograph of each applicant
• Age Proof – Passport/PAN Card/Voters-ID Card/Driving License/Birth Certificate/High School Marksheet
• Signature Verification – Passport/PAN card/Driving License/Banker’s signature verification
• Identity Proof For Individuals (any one)
  • Passport
  • Pan Card
  • Voters ID Card
  • Aadhaar Card
  • Driving License
  • Letter from a recognized public government gazetted
  • Bank pass book with photo/Letter from existing Banker certifying address & photograph
  • Ration Card with Photograph
  • Identity card issued by a government undertaking organization
• Identity proof in case firm is a proprietorship firm, with applicant being the sole proprietor (any one)
  • Shop & establishment registration copy
  • Sales tax / VAT registration certificate copy
  • VAT assessment order copy
  • Signature verification from bankers with applicant signing as proprietor for the firm
• Identity Proof For Non Individuals (any one)
  • Shops & Establishment certificate
  • Trade license certificate
  • SSI registration certificate
  • Factory registration certificate
  • Sales Tax/ VAT Registration certificate
  • Certificate of Registration issued by Ministry of Corporate Affairs
  • Partnership Deed (for firms)/ Memorandum of Association (for companies)
  • Export-Import Code Certificate
  • Professional qualification certificate and Degree/ Certificate for Professionals
  • PAN Card
  • Limited Liability Partnership (LLP) – Registration Certificate issued by MCA
• Address Proof for Individuals (any one)
  • Passport
  • Voters ID card
  • Driving license
  • Ration Card
  • Utility/Telephone bill – Electricity/Water bill or Landline/WLL) of Public and approved Private operators (Not older than 2 months at the time of approval)
  • Latest Rent agreement / Leave & License agreement
  • Sale deed of the property, if owned
  • Property tax receipt (Not older than 3 months at the time of approval)
  • Bank Statement (Not older than 2 months at the time of approval)
  • Letter from a recognized government gazetted officer verifying the Address of the applicant

• Address Proof for Non Individuals (any one)
  • Last 2 months Bank Statement at the time of approval
  • Shop & establishment Certificate, Sales Tax Certificate
  • Latest Rent agreement / Leave & License agreement
  • Sale deed of property
  • Title document of shop/business premises
  • Certificate of Incorporation issued by MCA
  • Shell Companies- Registration Certificate from the MCA site with address which is same as mentioned by the applicant in our application form
  • Telephone Bill/Utility Bill (Not older than 2 months at the time of approval)

• Ownership proof – any one
  • Sale Deed of the property
  • Utility Bills (Water and Electricity bill not older than 2 months at the time of loan approval)
  • Property Tax receipt latest with copy of the title deed