K&S Loan Mentors is Financial Consultancy who consult their client as per their needs
Lowest Interest Rates – Calculate EMI – Check Eligibility – Instant e-Approval – Special Offers
We all wish to have a home according to our choices where we can relax and make memories. Well, some of us might have a piece of land but are short on funds to build a home of a choice. So, you can take the help of a construction loan to build a house just like you’ve thought it would be. This loan is given to people who own a piece of residential land for house construction. To get a home construction loan sanctioned, you need to meet certain eligibility criteria and terms & conditions. The amount approved for constructing a house will be disbursed in installments as the construction progresses.
If want to apply for a Home Loan, you must meet the following criteria.
Age | Salaried Person – 21 years to 70 years Self-Employed Person – 25 years to 70 years |
Income | Salaried Person – Minimum Rs. 20,000 per month Self-Employed Person – Minimum Profit Rs.10,00,000 per year |
Employment | Salaried Person – Minimum 2 years of Experience in MNC, or a Private or Public Limited Company Self-Employed Person – Minimum 3 years of Experience in the Running Business |
Your entire borrowing process simple and user friendly You can get your loan funded in as little as 48 hours
We will customize a loan based on the amount of cash your company need term length
We will customize a loan based on the amount of cash your company need term length
We will customize a loan based on the amount of cash your company need term length
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Know the answers to the basic home loan questions.
A construction loan is given to build a new house on the land owned by the borrower. It can also be used to expand an existing house or build a new floor.
A construction loan can be repaid in monthly EMIs for up to 20 years.
Yes, you can apply for a construction loan online as most banks and NBFCs offer this service.
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