Home Loan

About Home Loan

A Home Loan from Best Financial Services opens the door to your dream home. Whether you are buying a new flat, constructing on your own plot, purchasing a resale property, or renovating your existing home — we arrange the right financing from our network of 20+ leading banks and NBFCs in Maharashtra.

We don't just submit your application — we analyse your income, CIBIL score, and property details to match you with the exact bank that will offer you the best rate and highest eligibility. Our team handles all documentation, bank follow-ups, and legal verification coordination so you can focus on finding your perfect home.

Types of Home Loans We Arrange

Purchase Loan — Buy a new flat, independent house, or villa from a builder or in the resale market
Construction Loan — Build your home on your own plot with phased disbursement as construction progresses
Home Renovation Loan — Upgrade, extend, or refurbish your existing home at low interest rates
Plot + Construction Loan — Combined loan to buy a plot and construct your home on it
Balance Transfer — Move your existing home loan to a bank with a lower rate and save on interest
Top-Up Loan — Get additional funds on your existing home loan for any purpose

Key Features & Benefits

Loan amounts from ₹5 Lakh to ₹5 Crore+ depending on income and property
Repayment tenure up to 30 years — the longest available — for minimal EMI burden
Up to 90% of property value financed (based on property cost and income)
Available for salaried employees, self-employed professionals, and business owners
Joint home loans available — combine income with spouse or co-applicant
Pre-approved offers from select banks for faster processing
Tax deduction on interest (Section 24b) and principal (Section 80C) available
Insurance options integrated with loan for protection of your home and family

💡 Interest Rate Guide

Bank/NBFC	Interest Rate	Processing Fee
SBI	8.40% – 9.85% p.a.	Nil to 0.35%
HDFC Bank	8.50% – 9.90% p.a.	Up to 0.5%
ICICI Bank	8.75% – 10.05% p.a.	Up to 0.5%
Axis Bank	8.75% – 10.30% p.a.	Up to 1%
LIC HFL	8.50% – 10.00% p.a.	Up to 0.25%

*Rates are indicative and subject to change. Actual rate depends on credit profile, income, and bank policy.

Eligibility Criteria

Salaried Applicants

Age: 21–60 years
Minimum income: ₹20,000/month
Employment: 2+ years in current job
CIBIL Score: 700+

Self-Employed / Business

Age: 21–65 years
Business vintage: 3+ years
Stable income proof via ITR
CIBIL Score: 700+

Documents Required

Aadhar Card & PAN Card

Salary Slips (last 3 months)

Form 16 / ITR (last 2 years)

Bank Statements (last 6 months)

Property Sale Agreement

Property Title / Index-II

Employer Letter / Business Proof

Passport-size Photographs

Frequently Asked Questions

You can generally get up to 80–90% of the property value (subject to income eligibility). Your loan amount depends on your monthly income, existing obligations, credit score, and the bank's policy. Use our free consultation to get an exact eligibility estimate.

Through Best Financial Services, eligible applicants receive in-principle approval within 24–48 hours and final sanction within 5–7 working days. The property legal verification is typically completed within 3–5 days thereafter.

Yes. If you have an existing home loan at a higher rate, we can arrange a Balance Transfer to a bank offering a lower rate. This can significantly reduce your EMI and total interest paid over the loan tenure.

Most banks offer home loan tenure up to 30 years for salaried applicants. Self-employed applicants typically get up to 25 years. Longer tenure means smaller EMI but higher total interest outgo.

🏆 Why Choose Us for Your Home Loan?

We have helped 1000+ families in Amravati and Vidarbha own their dream homes. Our zero-fee advisory service, bank network, and documentation support saves you time, money and stress. Call us today for a free, no-obligation consultation.