• Home Loan Low income groups Hero Banner
  • Home Loan Low income groups Hero Banner
  • Home Loan Low income groups Hero Banner

Turn your dreams into a permanent address with

Affordable Housing Loan

  • Quick sanction
  • Tax benefits
  • Easy customer support
  • Loan-to-value of up to 90%

Apply Now

About Affordable Housing Loan

Godrej Housing Finance’s Affordable Housing Loan makes homeownership easy and accessible for low and middle-income groups across India. With home loan amounts ranging from INR 5 lakhs to INR 1 crore, competitive interest rates, and longer loan tenure of up to 30 years, we ensure buying a dream home is easier for everyone.

Loan subsidy PMAY-U 2.0*

INR 1.8 lakh

Loan Subsidy Banner

Interest rates starting from

10.99% p.a.

Interest rates banner

High loan-to-value up to

90%*

Higher loan amount banner

High loan tenure up to

30 years

High loan tenure banner
*For eligible customers
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Key Features of Affordable Housing Loan

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*Terms and Conditions Apply
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PMAY 2.0 and Income Tax Benefits

Make the most of government schemes and subsidies.

  • Avail PMAY 2.0 interest subsidies available for affordable housing
  • Income tax deduction of up to INR 1.5 lakh under Section 80C of old tax regime for principal repayment
  • Additional tax benefit of up to INR 2 lakh in old tax regime under Section 24(b) on interest paid on a home loan

Apply Now

Income tax benefits banner
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‘Housing for All’ - Government Initiative

Supporting individuals from all walks of life in owning a home, in line with the government’s Housing for All mission.

  • Individuals like factory workers, small shopkeepers, street vendors, and others from the unorganised sector can also apply for a Home Loan under this initiative
  • It enables low and middle-income groups to access housing finance with government support

Apply Now

Hosuing for all government initiative banner
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Affordable Housing Loan Calculator

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Home Loan

Plot Loan

Property Loan

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Interest Rates and Documents

Interest Rates

Own your dream home with competitive interest rates on Affordable Housing Loan.
Indian Resident Salaried

10.99%

per annum onwards

Business Self-Employed
10.99%

per annum onwards

Professional Self-Employed
10.99%

per annum onwards

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Interest Rates and Documents
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* Disclaimer: All contents mentioned on this page, including documents, eligibility may vary for each borrower and are subject to the lender's discretion. The content is subject to change without prior notice.
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Frequently Asked Questions

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Affordable Housing Loan
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Stories in Focus - Blogs

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/about-us/blogs/home-loan/budget-2025-lower-taxes-and-affordable-housing-what-homebuyers-want

/about-us/blogs/home-loan/affordable-housing-loan-everything-you-need-to-know

/about-us/blogs/home-loan/reasons-why-affordable-housing-is-important-in-india

/about-us/blogs/home-loan/top-5-affordable-housing-finance-schemes

/about-us/blogs/home-loan/how-to-apply-for-affordable-home-loans-online

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Connect with Our Customer Support Team

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ⓘ Need more information or answers to your questions in the meantime? Check out FAQs
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Question-1
What is Affordable Housing Loan?
Answer-1
Affordable Housing Loan refers to loans provided for homes that are priced within the financial reach of low and middle-income groups, ensuring access to homeownership. The loan offers long repayment tenure, competitive interest rates, and loan amounts ranging from INR 5 lakh to INR 1 crore, making homeownership more accessible.
Question-2
What is the difference between affordable housing and prime housing?
Answer-2
Affordable Housing is aimed at low and middle-income groups, often backed by government initiatives and subsidies to make it more affordable. On the other hand, prime housing is priced based on market rates, making it less accessible to individuals with limited financial means. Godrej Housing Finance Limited offers both Prime Home Loans and Affordable Housing Loan to help make homeownership accessible for all.
Question-3
Who qualifies for an Affordable Housing Loan?
Answer-3
Affordable Housing Loan is designed for low and middle-income groups. Salaried and self-employed individuals/non-individuals with household income starting from INR 30,000 per month can apply for Affordable Housing Loan by Godrej Housing Finance Limited, providing easy access to homeownership.
Question-4
What are the benefits of Affordable Housing Loan?
Answer-4
Affordable Housing Loan by Godrej Housing Finance offers competitive interest rates starting at 10.99% p.a., long repayment tenure, and loan amounts ranging from INR 5 lakh to INR 1 crore. It also provides PMAY subsidies, making homeownership more accessible for low and middle-income groups.
Question-5
What is the housing for all policy in India?
Answer-5
The Housing for All policy in India aims homes to low-income and middle-income individuals or families, supported by government initiatives and subsidies. It focuses on ensuring that every citizen has access to a decent and affordable home.