Funding Range
Finance built for first homes, upgrades, and property purchases.
Urban Money highlights home loan amounts of up to INR 5 Crore.
Rates and Approval
Structured to keep EMIs practical over longer tenures.
Rates can start around 8.50% p.a. with quick approvals in as little as 48 hours.
Longer Tenure
Useful for keeping monthly repayments affordable.
Home loans commonly offer flexible tenures that can extend up to 30 years.
Overview
Finance your home with lower rates and longer repayment options
Home loans are typically one of the most affordable borrowing products because the property supports the financing. Urban Money positions them for buying, constructing, renovating, extending, refinancing, or transferring an existing balance to a better lender.
Compared with shorter unsecured loans, a housing loan offers lower rates, a larger sanctioned amount, and the possibility of tax benefits. It is also a product where lender due diligence on the property and documentation matters as much as the applicant's income profile.
- Attractive rates and longer tenures can reduce EMI pressure.
- Tax benefits may apply on principal and interest under eligible sections.
- Options include purchase, construction, renovation, extension, top-up, and balance transfer.
What to Prepare
Eligibility, documents, and loan purposes
Eligibility Snapshot
- Age: commonly 21 to 65 years
- Profile: salaried, self-employed, and in some cases NRI applicants
- Assessment: income stability, assets, and occupational continuity
- Credit history: healthy repayment behaviour improves approval
- Property: clear and verifiable property documents are essential
Documents Required
- PAN, Aadhaar, passport, or driving licence
- Address proof such as utility bills or bank statements
- Salary slips, Form 16, or audited income documents
- Passport-size photographs and bank account statements
- Property papers, approvals, and related legal documentation
Suitable For
- Buying a ready-to-move or under-construction home
- Building on your own plot
- Renovating, extending, or modernising an existing property
- Transferring an existing loan to reduce rate or EMI
- Accessing a top-up loan on an existing home finance account
Benefits
Why borrowers compare home loan options carefully
Attractive interest
Lower pricing than many unsecured products helps control overall cost.
Tax savings
Eligible borrowers may claim benefits on principal and interest components.
Balance transfer
Switching lenders can reduce your rate or improve repayment flexibility.
Property due diligence
Lenders review legal and technical documents, which adds another layer of scrutiny.
