Product Description

Umang Finance lt b gt offers Home Loan of up to ₹3 5 crore at an interest rate starting at 7 00%* You can repay it over a flexible tenor of up to 240 months claim annual tax benefits get a top up loan of up to ₹50 lakh and save up to ₹2 67 lakh* on interest through PMAY s interest subsidy
Whether you re looking to purchase construct or renovate a home the Umang Finance Home Loan is the one stop solution for your housing loan needs You can get finance easily with simple eligibility terms and a minimal requirement for documentation You can also refinance your existing house loan through the Balance Transfer facility and avail a top up loan when doing so Through the Property Dossier facility you learn about the legal and financial aspects of being a property owner and you can avail customised insurance schemes to stay financially secure

To meet your housing finance needs apply for the Umang Finance Home Loan today and get instant approval lt p gt < b>< strong>< p>

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• Pradhan Mantri Awas Yojana (PMAY) lt b gt Home Loans get more affordable than ever with assistance from the Pradhan Mantri Awas Yojana (PMAY) for first time homeowners Reduce your Home Loan EMIs with PMAY by getting a Home Loan at an interest rate of just 6 93%* and save up to Rs 2 67 lakh on interest* Get a Home Loan under PMAY even if your parents own a home and thus have the chance to become a homeowner yourself lt li gt < b>< strong>< strong>< strong>< li>
• Easy Balance Transfer Facility lt b gt Refinance your existing home loan with Umang Finance with minimal documentation and faster processing Apply for home loan transfer and get a top up loan at a nominal interest rate lt li gt < b>< strong>< strong>< strong>< strong>< strong>< li>
• Top up Loan lt b gt Finance your other requirements with a high value top up loan over and above your existing housing loan Get a top up loan up to Rs 50 lakh without any extra documentation at a nominal rate of interest lt li gt < b>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< li>
• Property Dossier lt b gt A customised report to guide you through all the legal and financial aspects of being a property owner Part prepayment and Foreclosure FacilityNo charges on part prepayment or foreclosure to make the loan affordable lt li gt < b>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< li>
• Flexible Tenor lt b gt Flexible tenors ranging up to 240 months to fit your repayment capacity lt li gt < b>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< li>
• Minimal Documentation lt b gt Easy Home Loan eligibility criteria and minimal documentation to help you get your loan faster lt li gt < b>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< li>
• Online Account Management lt b gt Online management of your Umang Finance Home Loan using our digital customer portal for your convenience lt li gt < b>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< li>
• Customised Insurance Schemes lt b gt Customised insurance schemes to protect your family from the burden of repaying the housing loan in case of unforeseen events lt li gt lt ul gt < b>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>

  Eligibility Criteria for Home Loan lt b gt lt h3 gt < b>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< h3>

  Eligibility criteria for the Umang Finance Home Loan are simple and any Indian national with a good financial profile can obtain funding The criteria differ depending on whether you are salaried or self employed The criteria are also inter dependant For instance for two persons of the same age the one with a higher credit score is likely to be able to borrow a higher loan amount lt p gt < b>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< strong>< p> < li> < ul>