Home Loan - Cheema Capital | Realize Your Dream Home

Home Loan Overview

A home loan is a secured loan that helps you finance the purchase of a new home, apartment, or plot of land for construction. It allows you to spread the cost of your property over several years with affordable monthly installments.

At Cheema Capital, we offer home loans with competitive interest rates, flexible repayment options, and quick processing to help you achieve your dream of homeownership with ease.

Loan Amount

₹10,00,000 - ₹5,00,00,000

Interest Rate

Starting from 8.50% p.a.

Tenure

Up to 30 years

Processing Time

As quick as 5-7 business days

Features & Benefits

Competitive Interest Rates

Enjoy some of the lowest interest rates in the market, starting from just 8.50% p.a.

Long Repayment Tenure

Spread your repayment over a period of up to 30 years to keep EMIs affordable.

High Loan Amount

Finance up to 90% of your property value with our generous loan-to-value ratio.

Minimal Documentation

Simple and streamlined documentation process for faster approval and disbursement.

Balance Transfer

Switch your existing home loan to us and enjoy lower interest rates and better terms.

Tax Benefits

Avail tax benefits on both principal and interest components under Income Tax Act.

Eligibility Criteria

Age between 21 and 65 years
Minimum monthly income of ₹25,000
Stable employment or business for at least 2 years
Good credit score (preferably 700+)
Property should be legally approved and clear of all encumbrances
Indian citizen with valid ID proof
Property should be located in our serviceable areas

Required Documents

Identity Proof (Aadhaar Card, PAN Card, Passport)
Address Proof (Aadhaar Card, Utility Bills, Rental Agreement)
Income Proof (Salary Slips, Form 16, ITR for last 2 years)
Bank Statements for the last 6 months
Property Documents (Sale Deed, Allotment Letter, etc.)
Approved Building Plan and NOC from relevant authorities
Employment Details (Appointment Letter, Business Proof)
Passport-sized photographs

Application Process

Fill the Application Form

Complete our simple online application form with your personal and property details.
Document Submission

Upload the required documents for verification and processing.
Property & Legal Verification

Our team will verify your property documents and conduct legal checks.
Technical Evaluation

Property valuation will be done to determine the loan amount eligibility.
Loan Approval & Disbursement

Upon successful verification, your home loan will be approved and disbursed.

Frequently Asked Questions

What is the maximum loan amount I can get?

The maximum loan amount depends on your income, repayment capacity, property value, and credit score. Generally, we finance up to 90% of the property value. Our loan officers can provide a personalized assessment based on your specific situation.

How long does the home loan approval process take?

The approval process typically takes 5-7 business days after submission of all required documents. However, this timeline may vary based on property verification, legal checks, and other factors specific to your application.

Can I prepay my home loan?

Yes, you can make partial or full prepayments on your home loan. We offer flexible prepayment options with minimal or no prepayment charges, depending on the loan type and tenure. Prepaying your loan can help reduce the interest burden and loan tenure.

What tax benefits are available on home loans?

Under Section 24 of the Income Tax Act, you can claim a deduction of up to ₹2 lakhs on the interest component of your home loan EMI. Additionally, under Section 80C, you can claim a deduction of up to ₹1.5 lakhs on the principal repayment. These benefits are subject to the conditions specified in the Income Tax Act.

Can I apply for a home loan for an under-construction property?

Yes, we offer home loans for under-construction properties. In such cases, the loan is disbursed in stages as per the construction progress. We also provide construction-linked payment plans that align with your builder's payment schedule.