Home Loan

Our Home Loan Eligibility Criteria is simple with minimal documents

Embarking on the journey to homeownership should be exciting, not burdensome.

At Grihum Housing Finance, we've simplified our Home Loan eligibility criteria to ensure that your dream home is within easy reach.

Your Dream Home, Effortlessly Attainable

Taking the first step towards your dream home should be a joyous occasion. With Grihum Housing Finance, you can expect a seamless process with straightforward eligibility criteria.

Whether you own a garment business, grocery, pharmacy or general store, dairy, hardware, mobile or electronics shop, mechanic, jeweller, service provider or a public/private sector employee, our commitment is to make your dream home accessible.

Our loans require minimal documentation, with a hassle-free application process. Your dream home is closer than you think, and we're here to make it a reality.

Home Loan Eligibility Criteria

	Salaried Individuals	Self-Employed Individuals	Firm / Company
Eligible Borrowers	Government / Semi government / PSU / Private and MNC companies / Proprietorship or Partnership firms	Proprietor / Partners / Directors Or Self-Employed Professionals like Chartered Accountant, Company Secretary & Doctors	Partnership or Private Limited companies engaged in Manufacturing, Servicing or Trading
Age	The minimum age of applicant at the time of loan application should be a 21 years and maximum of 65 years or the retirement age, whichever is lower.	The minimum age of applicant at the time of loan application should be a 21 years and maximum of 65 years or the retirement age, whichever is lower.	The minimum age of Proprietor / Key Partner / Key Director at the time of loan application should be a 25 years and maximum of 65 years or the retirement age, whichever is lower.
Income	Net monthly take-home salary should be minimum ₹ 20,000	Gross annual income should be minimum ₹ 3 Lakh	Annual turnover should be minimum ₹ 10 Lakhs
Experience / Vintage	Minimum One year	Minimum Two years in current Business or Profession	Business stability / Vintage of minimum 3 years
Citizenship	Individuals with Indian Citizenship	Individuals with Indian Citizenship	Proprietor / Partners / Directors with Indian Citizenship

Documents Required for Home Loan

	Salaried Individuals	Self-Employed Individuals	Firm / Company
Identity Documents	PAN Card Aadhaar Card Passport (Not Expired) Driving License with Photo Voters Identity card issued by the Election Commission of India Job Card issued by NREGA duly signed by an officer of the State Government	PAN Card Aadhaar Card Passport (Not Expired) Driving License with Photo Voters Identity card issued by the Election Commission of India Job Card issued by NREGA duly signed by an officer of the State Government	Firm / Company PAN Card, GST Registration Certificate (If applicable) and Other Applicable Registration documents KYC of Partners / Directors (PAN Card and Aadhaar Card)
Address Proof	Aadhaar Card Passport (Not Expired) Driving License with Photo Voters Identity card issued by the Election Commission of India Job Card issued by NREGA duly signed by an officer of the State Government Letter issued by the National Population Register containing details of name and address	Aadhaar Card Passport (Not Expired) Driving License with Photo Voters Identity card issued by the Election Commission of India Job Card issued by NREGA duly signed by an officer of the State Government Letter issued by the National Population Register containing details of name and address	Electricity bill for owned premises Rent agreement for rented premises Passport for Partner / Directors
Income Documents	Latest 3 months’ salary slip Form 16	Income Tax Returns along with computation for last 2 years Profit/Loss statement and balance sheet for last 2 years	Income Tax Returns along with computation for last 2 years Profit/Loss statement and balance sheet for last 2 years GST Returns
Bank Account Statement	Latest 6 months’ bank statement evidencing salary credits	Operative bank account statement for last 6 months	Operative bank account statement for last 6 months
Property Documents	Property documents along with legal & technical clearance of the property

*The above list is indicative and additional documents may be required during processing of your application.