How My Aadhar Finance Home Loan Interest Rate is Paid? The interest rate which is charged to your loan amount for home financing by Aadhar Housing Finance Limited is quite affordable. And the housing finance company helps you with 80% of the property cost. Using the loan amount whether you can renovate, construct or buy a new home. Read this article and know about the Aadhar finance home loan interest rate and its benefits during the loan period. What are Aadhar Finance home loan interest rate features? On your loan amount, the interest rate is fixed and it is starting from 11.00% per annum which can benefit you with attractive EMI offers. The interest rate can be high if you are less eligible for the home loan from Aadhar Housing Finance. And to check your eligibility you can use online tools such as eligibility calculator. Because, with the help of the online tool, you can find out the ideal amount you are eligible for. To check the loan amount from the Aadhar Finance home loan calculator, you need to enter the desired loan duration and interest rate. After that enter your monthly income and current EMI of any other loan. If you haven’t taken a loan before, you can take advantage of a new home loan. In a new home loan, you get an Aadhar home loan subsidy benefit. Under the subsidy benefit, you can save up to INR 2.5 lakh on your borrowed amount. How should I avail subsidy on Aadhar Finance home loan interest rate payment? For the payment of the loan equated monthly installment, Aadhar Housing Finance provides a maximum duration of 20 years. And, you can manage the payment with the help of Aadhar Finance home loan calculator. But if you don’t know how you will get the Aadhar home loan subsidy benefit then first it is under the government income tax act of section 80C and 24b. It means according to the latest budget announcement you will have the option whether you want to take this feature or not. The subsidy benefits on your home loan would be reversed if you foreclose the Aadhar finance home loan after the subsidy. So, pay the loan EMI completing the loan duration using bank payment methods such as ECS or auto-debit. Otherwise, you can pay the EMI using the traditional method of pots dated cheques if you are comfortable in it. Apply for Aadhar Finance Home Loan You can get a home loan from Aadhar Housing Finance easily without any problems. As there is 24X7 customer service for the user and, you can locate the nearest branch using its online services. A few documents with which the loan proceeds are the applicant ID proof, current address details, income documents such as salary slip, bank statement or ITR report. When the documents are approved and the application is submitted then there is a small list of charges
required for the sanction process. It includes a login fee that is INR 3,500 with documentation fee of INR 2,000-5,000 and property valuation or for other legal terms it charges INR 3,000-5,800. An applicable GST rate of 18% is applied to all the charges associated with the Aadhar Finance home loan.