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

Affordable Housing Loan

Making Quality Homes Accessible to Everyone

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

Apply Now

Affordable Housing Loan for Low Income and Salaried Individual

Affordable Housing Loan from Godrej Housing Finance makes homeownership easy for middle and lower-income groups. This budget home loan offers competitive interest rates, flexible EMIs, and tenures up to 30 years. Godrej Housing Finance ensures that even individuals with limited budgets can access a home loan for low income, making the dream of owning a home achievable.

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
style
global-title-top-padding, global-top-padding-tab, global-top-padding-mobile, font-style
animation
true
Animation-threshold
0.2

Key Features of Affordable Housing Loan

style
Padding-v1, global-title-component-padding, global-top-padding-tab
timing
2
teaser-target-id
homepage-carousel-secondary
style
Hero-carousel-secondary
summary
*Loans offered/financed by Godrej Housing Finance - T&Cs apply
pagination
true
progressbar
false

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
mobile-alignment
center
desktop-text-alignment
left
desktop-text-placement
left
type
carousel-v1
hide-button
primary
hide-button
secondary
teaser-target-id
homepage-carousel-secondary
Text-color
white

‘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
mobile-alignment
center
desktop-text-alignment
left
desktop-text-placement
left
type
carousel-v1
hide-button
primary
hide-button
secondary
teaser-target-id
homepage-carousel-secondary
Text-color
white
timing
100
teaser-target-id
homepage-carousel-secondary
style
Hero-carousel-secondary, term-condition-padding, know-more-color
summary
*Loans offered/financed by Godrej Housing Finance - T&Cs apply
pagination
True
progessbar
True

Affordable Home Loan Calculator for EMI and Tenure

style
global-title-top-padding , global-title-top-padding-tab
loan-amount-title
Loan Amount
loan-amount-min-value
500000
loan-amount-max-value
10000000
Interest-rate-title
Interest Rate
loan-amount-step
25000
Interest-rate-min-value
10
Interest-rate-max-value
13
tenure-title-year
Loan Tenure
tenure-min-year-value
1
tenure-max-year-value
30
tenure-title-months
Loan Tenure
tenure-min-month-value
0
tenure-max-month-value
11
tab-title
EMI Calculator
calculator-id
homepage-calculator
style
Cal,no-padding
Principal-amount-label
Principal Amount
Monthly-emi-label
Your Monthly EMI
Monthly-emi-label-mobile
Monthly EMI
Interest-payable-label
Interest Payable
Total-amount-payable-label
Total Amount Payable
Interest-rate-label
Interest Rate @
Total-tenure-label
Total Tenure
Apply-now-label
Apply Now
redirection-path-emi
/apply-now?category=affordable_housing-loan&gtm=applynow&target=applynowform-container
Rupee-symbol-english
INR.
Percent-symbol
%
Year-span-label
Yrs.
Month-span-label
Mos.
Year-input-min-label
Year
Year-input-max-label
Years
Month-input-min-label
Month
Month-input-max-label
Months
Chart-year-symbol
Y
Chart-month-symbol
M
Chart-month-year-separator
|
Error-message-loan
Please Enter value within range.
Error-message-interest
Please Enter value within range.
Error-message-year
Please Enter value within range.
Error-message-month
Please Enter value within range.
income-title
Net Monthly Income
income-min-value
50000
income-max-value
2500000
existing-emi-title
Existing EMIs
existing-emi-min
0
Income-amount-step
25000
existing-emi-step
25000
existing-emi-max
1500000
interest-rate-title
Interest Rate
Loan-interest-rate-min-value
6
Loan-interest-rate-max-value
15
tenure-title-year
Loan Tenure
Loan-tenure-min-year-value
1
Loan-tenure-max-year-value
30
tenure-title-months
Loan Tenure
Loan-tenure-min-month-value
0
Loan-tenure-max-month-value
11
product-list

Home Loan

Plot Loan

Property Loan

redirection-path
/apply-now?category=affordable_housing-loan&gtm=applynow&target=applynowform-container
redirection-path-mobile
/apply-now?category=affordable_housing-loan&gtm=applynow&target=applynowform-container
select-product-place-holder
Select Product
font-size
18
Select-product-label
Select The Product You Are Interested In?
Interest-rate-label
Interest Rate @
Total-tenure-label
Total Tenure
Year-label
Y
Month-label
M
Tenure-separator
|
Principal-amount-label
Principal Amount
Interest-payable-label
Interest Payable
Loan-eligibility-label
Your Loan Eligibility Amount:
Total-amount-label
Total Amount Payable
Monthly-emi-label
Your Monthly EMI
Monthly-emi-label-mobile
Monthly EMI
Mobile-year
Years
Mobile-month
Months
Apply-now-button
Apply Now
Loan-Rupee-symbol-english
INR.
Percent-symbol
%
Year-span-label
Yrs.
Month-span-label
Mos.
Year-input-min-label
Year
Year-input-max-label
Years
Month-input-min-label
Month
Month-input-max-label
Months
Error-message-loan
Please Enter value within range.
Error-message-existing-emi
Please Enter value within range.
Error-message-interest
Please Enter value within range.
Error-message-year
Please Enter value within range.
Error-message-month
Please Enter value within range.
Tab-title
Loan Eligibility Calculator
Calculator-id
Homepage-calculator
Style
Cal , hide-dropdown

Interest Rate and Document for Affordable Housing Loan

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

queryIndexUrl
/interest_rate_document/query-index.json
interestRateTitle
Interest Rates and Documents
viewCompleteLabel
View Complete List of Documents
viewCompleteLabelRedirection
https://housingfinance.godrejcapital.com/ghf/information-and-policies?target=accordion.active&category=customer_information&show=Identity_And_Address_Proof_Documents
disclaimer
* 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.
style
global-padding , global-padding-tab
pagename
Home-loan-for-low-income-groups
quesansurl
/support/faq-ques-ans-sheet.json
desktopTitle

Frequently Asked Questions

cannotfindlabel
Can’t find what you are looking for?
viewallbuttonlabel
View All
viewallbuttonredirection
/support/faqs?category=affordable_housing_loan
faqqMobileTitle
FAQs
productPageName
Affordable Housing Loan
style
global-padding,global-bottom-padding-tab
viewAllRedirectionIcon
Godrej Nirmaan Banner
Godrej Nirmaan Banner

Godrej Nirmaan Banner

Get access to 13+ partners to build, plan and grow your business

Register Now

style
global-padding, global-bottom-padding-tab
testimonial

Explore Home Loan Offer in Your City

Mumbai City Icon
Home Loan in Mumbai
/home-loan/mumbai
Bangalore City Icon
Home Loan in Bangalore
/home-loan/bangalore
Hyderabad City Icon
Home Loan in Hyderabad
/home-loan/hyderabad
Pune City Icon
Home Loan in Pune
/home-loan/pune
Chennai City Icon
Home Loan in Chennai
/home-loan/chennai
Delhi City Icon
Home Loan in Delhi
/home-loan/delhi
Ahmedabad City Icon
Home Loan in Ahmedabad
/home-loan/ahmedabad
style
global-padding-tab, global-no-padding-mobile

Explore Home Loan Offers as per Your Budget

Rupee Icon

20 Lakh

Home Loan

/home-loan/20-lakh-home-loan
Rupee Icon

30 Lakh

Home Loan

/home-loan/30-lakh-home-loan
Rupee Icon

40 Lakh

Home Loan

/home-loan/40-lakh-home-loan
Rupee Icon

45 Lakh

Home Loan

/home-loan/45-lakh-home-loan
Rupee Icon

60 Lakh

Home Loan

/home-loan/60-lakh-home-loan
Rupee Icon

70 Lakh

Home Loan

/home-loan/70-lakh-home-loan
Rupee Icon

80 Lakh

Home Loan

/home-loan/80-lakh-home-loan
Rupee Icon

1 Crore

Home Loan

/home-loan/1-crore-home-loan
style
global-bottom-padding-mobile, global-padding

Explore More Products

Queryindexurl
/content/explore-more-products-query-index/affordable-housing-loan.json
tabs-name-ordering
Housing
Mobile_view_heading
Explore More Products
Animation
false
Animation-threshold
0.2
style
Different-types-v1, different-types-v2, global-title-top-padding

Stories in Focus - Blogs

style
Global-top-padding-mobile

/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

read-more-label
Read More
Not-found-msg
Sorry, couldn’t find what you’re looking for.
style
global-top-padding, global-bottom-padding-tab, global-bottom-padding-mobile

Connect with Our Customer Support Team

false

Customer Support

true
Gia chatbot icon
GIA Chatbot
false
whatsaap icon
WhatsApp Chat
false
Customer Portal icon
Customer Portal Login
false
Phone icon
022-68815555
false
Email Icon
Email Support
false
Phone Icon
Customer Care
true
Email icon
Send an Email
true
ⓘ Need more information or answers to your questions in the meantime? Check out FAQs
false
style
Global-bottom-padding ,mobile-last-padding, tab-last-padding , global-no-padding-mobile
Whatsaap icon
WhatsApp Support
Quick Apply icon
Quick Apply
style
Quick-tools-component
type
FAQPage
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.