Loan Against Property


Our Loans Against Property can help you through life’s biggest moments. Weddings, personal passions, educational fees or career changes - we’ve got you covered. Refinance any existing commercial or residential property at the best rates today.


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Udyog Loan Against Property


Are you an MSME owner looking to scale your business operations? Take your business to new heights with Godrej Capital Udyog Loan Against Property. Our loan solutions enable business owners to get higher loan eligibility by allowing multiple sources of income to be considered. With quick loan approvals and attractive interest rates, our goal is to help your business achieve growth.


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Commercial Property Loan


Take your business to the next level with a Commercial Property Loan that finances construction, extension or improvement to make your business goals become reality. With plans designed for your life, you can rest assured that your business empire is in safe hands.


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Balance Transfer


Transfer your existing loans to Godrej Capital and experience the benefits of lower interest rates, flexible repayment terms, and significant EMI savings. Enjoy higher eligibility, along with a Top-Up loan, to take care of your extra needs.


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Home Loan


Seeking a Home Loan to buy a ready-to-move-in property, an under-construction house, or renovate your current residence? Our Home Loan, featuring low interest rates and flexible EMI plans, is specifically designed to help you accomplish buying your dream home.


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Plot Loan


Found the perfect spot to build your future? Our Plot Loans can help make it yours. Our loans offer you the financial help, low interest rates and flexible payment options you need to construct the home of your dreams.


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Professional Loan for Doctors


Whether you need working capital to start your own clinic or upgrade your current practice with new facilities and hire skilled staff, our professional loans for doctors are here to help you.


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Professional Loan for Doctors


Whether you need working capital to start your own clinic or upgrade your current practice with new facilities and hire skilled staff, our professional loans for doctors are here to help you.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Professional Loan for CAs


Want to scale your professional practice? We now offer professional loans for doctors and chartered accountants (CAs) to help you expand your existing set-up, hire more staff, buy modern equipment, and fulfil other business requirements to improve and develop your services.


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Business Loan for MSMEs


If you're an entrepreneur with a small business or an MSME and are aspiring to take your venture to greater heights, you're in the right space! While you hustle for your company's success, we stand prepared to accompany you on this journey. Access unparalleled funding possibilities with our MSME-focused business loans, aligning seamlessly with your endeavors for business growth.


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Business Loan for Women


Are you a woman entrepreneur with a vision for business growth? We are excited to fuel your ambitions with our women-centric business loans. Whether you're spearheading a small-scale business or a micro enterprise, our MSME-focused business loans are designed to meet your business needs.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Business Loan


We give you the courage to take that next step that your business needs. Godrej Capital Business Loans empower you with customizable financing solutions to grow your business to the next level!


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A Complete Guide to Home Loan Management

Securing a home loan to buy the home of your dreams has become easier with digitization and the presence of various lenders. However, effective financial planning is vital for managing your home loan responsibly at every stage, ensuring a smooth and stress-free experience.

While borrowers often focus on due diligence before applying for a home loan, it's equally important to consider key factors during and after the loan application process.

Given that a home loan is a long-term commitment, thorough research and planning is necessary at each stage of the loan application journey. To give you a holistic view of financial planning to help you effectively manage your home loan, here are a few tips:


Before Applying for a Home Loan

  1. Evaluate Current Investments

    Before initiating the home loan process, evaluate your current investments. A home loan is a major financial commitment that should not be taken lightly. Examine all your investments to understand your financial position accurately.

    This step is crucial as it significantly influences the home loan amount you can comfortably afford. It's important not to strain yourself financially, as taking on too much debt can lead to significant stress. When reviewing your investments, categorize them into two groups: necessary and non-essential.

    Necessary investments may include insurance premiums, mutual fund SIPs, and PPF contributions. Non-essential investments, on the other hand, could include high credit card balances, buy now pay later schemes, and lifestyle-related loans. Cutting back on non-essential expenses can help you manage your finances more effectively and potentially qualify for a larger home loan.


  2. Measure Income to Expenditure Ratio 

    Lenders carefully evaluate your income and debt-to-income (DTI) ratio when assessing a home loan application. The DTI ratio represents the percentage of your income used to repay current debts. A high income and low DTI ratio significantly improve your home loan eligibility.

    Moreover, keeping your expenses and existing liabilities low makes it easier to manage EMI payments, and vice versa. It's also important to assess your emergency fund. This fund is essential for handling unexpected events such as job loss or hospitalization, which can disrupt your regular income.

    The COVID-19 pandemic has established the importance of having an emergency fund equivalent to at least a year's worth of expenses. Before applying for a home loan, use an EMI Calculator for your Home Loan to estimate the EMI you'll need to pay, and factor this amount into your emergency fund.


  3. Maintain a Good Credit Score
    A good credit score and credit history are crucial factors in the home loan application process. A good credit score, typically above 750, streamlines the application process and allows you to secure the loan on favourable terms. Conversely, a poor score complicates the process significantly.

    Having a less-than-ideal credit score doesn't mean you won't get a home loan, but it may come with stricter terms and less flexibility. Building a good credit score takes time and requires consistent effort. To improve your credit score, ensure you:

    • Pay your EMIs on time


    • Fully pay off your credit card balances


    • Maintain a low credit utilization ratio


    • Avoid applying for multiple loans within a short period


    • Close any existing small loans


    Regularly check your credit history for any anomalies and report them to the relevant bureau. Identity theft, where loans are fraudulently obtained using individuals' PAN details, has been reported. Even celebrities have fallen victim to such scams. Therefore, it's important to monitor your credit history regularly through credit bureaus.


  4. Select the Loan Amount Carefully
    Ensure you borrow an amount that you can comfortably repay. Lenders typically do not finance the entire purchase price of a home. You are required to make a down payment, with the lender funding the rest. Usually, lenders approve 75% to 80% of the home's value as a loan.

    For example, if the home is priced at INR 1 crore, you may receive a loan of INR 75 lakhs, requiring you to pay the remaining INR 25-20 lakhs as a down payment. Carefully consider the loan amount, as it directly impacts the EMI. A higher loan amount results in a higher EMI.


  5. Research on the Lowest Home Loan Interest Rates
    When searching for home loans, interest rates are typically a top priority. This is because the home loan interest rate directly impacts the EMI. Nowadays, lenders often list their home loan interest rates on their websites. You can also use aggregator portals to compare interest rates from different lenders and choose the one that suits your needs best.

    However, it's important not to make the interest rate the sole criterion for selection. Other factors to consider include the lender's credibility and reputation, repayment flexibility, value-added services, and customer service.


Also Read: Is Interest Rate Everything in Home Loans?


Before you apply for a Home Loan:

  1. Manage Down payment
    The down payment is a critical factor in home buying. Lenders do not finance the entire home value, so you must pay a portion upfront. While the down payment is less than the loan amount, it is still significant. Therefore, it is advisable to start accumulating it early.

    To save for the down payment, consider investing in financial instruments like debt mutual funds and bank fixed deposits. Starting early allows your money more time to grow, leveraging the power of compounding. Start saving as soon as you begin earning to build a substantial down payment amount.


  2. Get Home Loan Insurance
    Home loan insurance is often overlooked but is a crucial aspect of the home-buying process. It provides financial protection in the event of an unexpected incident. In such cases, the insurer pays off the outstanding home loan amount, ensuring your financial security.


After you apply for Home Loan 

  1. Manage Repayment
    The EMI begins once the lender approves the loan and credits the amount to your account. Timely EMI payments are crucial for maintaining a good credit score and a positive credit history. The NACH e-Mandate system ensures prompt EMI repayment and reduces the risk of missed payments. Ensure you have sufficient funds in your account to avoid EMI bounces. It's also wise to use windfalls such as yearly bonuses to make pre-payments, reducing the principal amount and the EMI.

    Making pre-payments, either in part or in full, from time to time can help you repay the loan before its tenure ends. This can lead to savings on the total interest paid for your Home Loan.


  2. Opt for Tax Benefits
    Home loans offer tax benefits under different sections of the Income Tax Act, 1961. Tax deductions are available for both the principal and interest payments under sections 80C and 24 respectively. Click here to learn more about the tax benefits you can avail on Home Loans.

    The tips outlined above ensure you remain financially prudent and secure at every step when you apply for a home loan. They contribute to a smooth, seamless, and trouble-free experience throughout the process.


Also Read: Myth vs. Facts: 4 Home Loan Myths Busted


Godrej Capital is the financial services arm of Godrej Group which offers home loans, Loan Against Property and other secured loans. With innovative products and offerings, customers can get hassle-free loans on easy terms and conditions. Click here to know more about the offering.


Disclaimer: The contents of this article are for information purposes only and not a financial advisory. The information is subject to update, revision, and amendment and may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Godrej Capital or its Affiliates to any requirements. Godrej Capital or its Affiliates shall not be responsible for any direct/indirect loss or liability incurred by the reader for making any decisions, financial or otherwise based on the contents and information mentioned. For more information, please visit