Loan Against Property


Godrej Capital's Loan Against Property (LAP) is designed to support business growth with high loan eligibility, flexible EMIs, longer tenures, and a wide range of acceptable collaterals. This loan provides substantial funding based on property value, making it ideal for significant business investments and expansions.


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

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.


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

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.


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

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.


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

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.


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

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.


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

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. Apply today for a collateral free loan today!


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

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. Apply today for a collateral free loan today!


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

Professional Loan for CAs


Godrej Capital's Professional Loan helps CAs in expanding practice, hiring new staff, enhancing equipment, and upgrading services for business growth. Get a loan without collateral and take your career to new heights.


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

Business Loan for MSMEs


For MSMEs aiming for growth, Godrej Capital Business Loans for small businesses offer the funds needed to expand their business and manage cash flow. Apply for MSME loan without collateral today!


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

Business Loan for Women


Are you a woman entrepreneur? Godrej Capital's Business Loans for women-owned MSMEs help them fuel growth and meet business needs without any collateral. Apply for a small business loan today!


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

Business Loan


Empower your business with Godrej Capital's Business Loan, offering flexible financing solutions to help businesses take the next step for growth. Apply for online Business Loan without collateral today!


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


Smart Tips to Boost Your Home Loan Eligibility

Purchasing a property is a long-term financial commitment, especially among married couples. While the affordability on home loans has increased over the years, owing to the increase in disposable income and declining rate of interest, you still need to crack the math of home loan eligibility.


Home loan eligibility is a vital metric that lenders gauge to analyze the maximum loan amount to be offered to a potential borrower. But let's begin with understanding what is home loan eligibility.


What is home loan eligibility?

This is defined as the maximum capital a borrower can get as a loan. It is based on several factors including age, source of income, repayment capacity and credit score. While a borrower can check the home loan eligibility on the lender's website, there are various tips to increase the eligibility by several notches. What are they? Let's find out.


Tip #1: Have a Good Credit Score

Lenders take a close look at your credit score to judge your creditworthiness. Credit score, also known as CIBIL score, is a three-digit score ranging from 300 to 900. A high credit score establishes you as a responsible borrower and expedites the application process. For a good credit score (above 750), make sure to:

●        Pay existing dues, including that of credit cards, on time

●        Keep debt-to-income ratio low


Also Read: Why is Credit Score Important for Loans?


Also, keep a close eye on your credit history report and rectify errors in it, if any. With a good credit score, there are chances of availing the home loan at a competitive rate of interest. Building a robust credit score requires judicious financial habits that can help you plan your finances better while applying for a home loan.


A low rate of interest brings down the EMI and ensures your finances don't get stretched during the loan tenure. The table shows the difference even a 1% rate of interest can make to your home loan EMIs and interest payable.


Loan Amount in INR

Rate of Interest

Loan Tenure

Loan EMI in INR

Total Interest Payable in INR

Total Payment (Principal+Interest) in INR

50 lakhs


15 years




50 lakhs


15 years





As evident, a 1% dip in rate of interest can help you save close to INR 5 lakhs in interest. Lower EMIs facilitate easy repayment.


Tip #2: Opt for a Joint Home Loan

Opting for a joint home loan can not only give you tax benefits but also significantly enhance home loan eligibility. If you have multiple earning members in your family, you can apply for a joint home loan. The best options include applying along with your spouse or parents.


This move not only enhances eligibility but also comes in handy during repayment as the EMI is divided between the co-borrowers. Also, both co-borrowers are eligible for tax benefits when they opt for a joint home loan.


Also Read: Maximising Tax Benefits: Navigating the World of Joint Home Loan Ownership


At the same time when you apply for a joint home loan as co-borrowers, arranging the down payment amount becomes easy. Both of you can split the contribution and make a higher down payment.


Based on your income levels, partners can share the amount among themselves based on their convenience. This gives you the flexibility to address other essential needs hassle-free, without putting an unnecessary burden.


Additionally, when you apply for a joint home loan, the lender evaluates your combined income and credit score as a single application, which increases its weightage by several notches.


Tip #3: Make a Higher Down Payment

No lender will finance the entire purchase value of your home. Most lenders approve 80 to 85% of the property’s value as a loan. You need to pay the remaining amount as down payment. When you make a higher down payment, it significantly increases your home loan eligibility.


Also, higher the down payment, lower is the home loan amount. This brings down the EMI and helps you keep a tight lid on the interest payout.


Accumulating a higher down payment amount makes you more conscious of your finances and investments. It forces you to cut down unnecessary expenses and you make an honest effort to save. Cutting discretionary expenses also adds to your income and enhances your home loan eligibility.


Tip #4: Declare Additional Source of Income

Your home loan eligibility gets a significant boost when you declare additional sources of income. It adds to your financial muscle and helps avail a higher loan amount. So, if you have extra sources of income such as rental income, part-time business, etc., declare them in your application.


Also, declaring additional income sources underline your higher repayment capacity, which helps in the loan application process. It also improves your debt-to-income ratio that aids in achieving higher eligibility.


Additionally, extra sources of income come in handy during situations like COVID-19, when there’s a break in active income. You have a ready-made backup plan to ensure no EMIs are missed, even if your primary income takes a hit. It also helps you accumulate a higher down payment amount and subsequently save on EMIs and interest.


Tip #5: Avoid Frequent Job Changes

If you are a salaried individual, changing your job frequently can negatively impact your home loan eligibility and the loan amount. When you stick to one organization for a long period, it means a stable source of income.


On the other hand, changing your jobs frequently paints a negative picture in the mind of lenders and they become skeptical about your repayment capabilities. So, make sure to stick to one firm for a decent period to boost your home loan eligibility.


Sticking to a single organization for a long time makes you eligible for various benefits such as gratuity. You can use a portion of the amount received for down payment. Periodic appraisals increase your income, enhance your home loan eligibility, and help you repay the loan with ease.


Lastly, applying for a home loan shouldn't be a rushed exercise. Use online Home Loan eligibility calculators to compute your eligibility and go ahead after due diligence. After you check home loan eligibility, take stock of your finances and search for reputed and credible lenders.


You can also use Home Loan EMI calculator to figure out monthly EMIs and plan your budget accordingly.


Apply now for a hasslefree Home Loan process