A growing family requires additional space, so it may be that you want your kid to have room for himself, or it could even be a special pooja room that you always wanted, we at Aadhar help you in doing so with our Home Extension Loans.
Loan Amount :
You can avail of an Aadhar Home Extension Loan up to Rs. 25,00,000/- but not exceeding 80% of the cost of the extension work that you plan to do. The actual loan amount is determined after assessing the individuals requirement and the valuation of the property by Aadhar Housing.
You can avail of an Aadhar Home Improvement loan for either Construction or Addition of New room within House premises, or for Construction of New Floors within House premises.
The maximum loan tenure on your Home Loan is up to 20* years. The tenure however does not extend beyond the retirement age or 60 years (65 years in case of Self-Employed individuals) whichever is earlier.
The EMI that you would be paying to repay the loan depends on factors like Quantum of loan, Interest rates applicable & the tenure you have taken the home loan for.
To calculate the indicative EMI on your home loan you can use our EMI Calculator
Applicant and Co-Applicant :
Aadhar Home Loans can either be applied individually or jointly. The Co-Applicant may or may not be a Co-owner of the property. However all the Co-owners of the property must be a Co-Applicant. Co-Applicants should be immediate family members like Spouse, Parents or Children*.
For more information, you can click on "Apply for Loan" button on the left side and provide your details and an Aadhar representative shall get in touch with you shortly.
You may also walk in to the nearest Aadhar Housing finance branch in your city.
For complete list of Aadhar Housing finance branches, please click here
**Credit extended at the sole discretion of Aadhar Housing Finance Ltd.