Home Loan

We, at INTELLECT Home Loans, offer unbeatable benefits to ensure that you get the best deal without any hassles. As one of the leading home loan provider, INTELLECT understands how special building a new home is for you and our Home Loan help you lay the foundation for your dream home. INTELLECT offers you the most convenient home loan plans to suit your needs. With so many attractive features in every type of home loan we offer, creating the home you always wanted is no longer a distant dream. Some of our key benefits are:

  1. Guidance through out the process
  2. Home loan amounts suited to your needs
  3. Home Loan tenure upto 20 years
  4. Loan from any office for purchase of home anywhere in India
  5. Loan approval even before a property is selected
  6. Simplified documentation
  7. Instant Home Loan Approval
  8. Doorstep delivery of home loan papers
  9. Widest range of Home loan products & services like Home Loans, Home Improvement Loans, Home Extension Loans, Loans to professionals for office or clinic, Home Equity Loans (Loan against Property), Short Term Bridging Loan etc.
  10. Insurance options for your home loan at attractive premium

No matter what the requirement, we have an appropriate plan for you. Get the best deals, and finance your perfect home, only from INTELLECT.

Housing Development Finance Corporation Limited (HDFC)
Housing Development Finance Corporation Ltd (HDFC) is one of the leaders in the Indian housing finance market with almost 37% market share. Serves more than 26 lakh customers across the nation, HDFC also offers customized solutions that fit to the need of the customer.

Indian Real Estate is on its way to donning the image of an organized industry with global standards, as fragmentation, disorganization, poor governance and inefficient infrastructure; take a backseat. Much of the positive zing lies in the significant rise in investment, not only from within India but from offshore as well. The last couple of years have been a clincher in terms of the increasing interest shown by international property consultants, developers and commercial banks in investing in Real Estate in India.

The expansion in terms of space and range encompasses residential, commercial, infrastructure and logistics. With the retail boom poised for huge growth, a good chunk of new projects are in the Commercial Real Estate space.  The residential sector commands its own share. With the growth in living standards amongst the average Indian, and increase in disposable income, new apartments are selling like hot cakes. It is not a wonder, then that the total investment required in the tenth plan period, has been estimated at Rs. 1,108,800 crores approximately.

Most of the Financial Institutions offer home loans to both Indian and NRI customers at floating and fixed rate of interest or blended ones and have customized packages for the purposes of constructing/ buying a new house, vacant plot or extension and even home improvement. Loans for non-residential premises, home equity and top-up/personal loans are also available.

Moreover, a person looking for a housing loan can avail himself of life insurance covers, home protection insurance, and other privileges related to banking facilities.

With the host of Real Estate Funds from Financial Institutions, financial support from the Banks and Housing Finance Companies (HFCs) that have access to low cost retail funds and refinance given by National Housing Board at competitive rates, more investors are willing to pledge their assets to the realty sector. Nevertheless, the alertness on the part of the consumer seeking a housing loan should be geared towards increasing the loan eligibility, getting the valuation of the property done and keeping photocopies of the title document.

Banks and HFCs are entering or seeking to enter into tie-ups with builders/development authorities/ private developers in order to improve the credit delivery system and devise competitive pricing and aggressive strategy. Foreign banks are also able to woo retail customers by fine-tuning their housing loans.


Maximum loan

80% of the cost of the property (including the cost of the land) and based on the repayment capacity of the customer.

Maximum Term

20 years subject to your retirement age.

Applicant and Co- Applicant to the loan

Home Loans can be applied for either individually or jointly. Proposed owners of the property will have to be co-applicants. However, the co-applicants need not be co owners.

Adjustable Rate Home Loan

Loan under Adjustable Rate is linked to HDFC’s Retail Prime Lending Rate (RPLR). The rate on your loan will be revised every three months from the date of first disbursement, if there is a change in RPLR, the interest rate on your loan may change. However, the EMI on the home loan disbursed will not change*. If the interest rate increases, the interest component in an EMI will increase and the principal component will reduce resulting in an extension of term of the loan, and vice versa when the interest rate decreases.

* Conditions Apply


Fixed Rate


Purchase of

  1. Flat, row house, bungalow from developers
  2. Existing freehold properties
  3. Properties in an existing or proposed co-operative housing society or apartment owner’s association
  4. First Power of Attorney purchases in Delhi for DDA flats allotted before 1992


Salaried Customers Self Employed Businessman Self Employed Professionals
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Identity and Residence Proof Identity and Residence Proof Identity and Residence Proof
Latest Salary-slip Education Qualifications Certificate and Proof of business existence Education Qualifications Certificate and Proof of business existence
Form 16 Business profile Last 3 years Income Tax returns (self and business)
Last 6 months bank statements Last 3 years Income Tax returns (self and business) Last 3 years Profit /Loss and Balance Sheet
Last 3 years Profit /Loss and Balance Sheet
Processing fee cheque Last 6 months bank statements (self and business) Last 6 months bank statements
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