Home Loans

Found your fantasy house but struggling with the price tag? We can help with Home Loans designed for your needs. Our low interest rates and easy EMI plans can help unlock the door to your future.

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.

Balance Transfer

With our Balance Transfer option you can transfer your existing home loan to Godrej and enjoy the benefits of a plan that works for you. Along with interest rates tailored to your comfort, enjoy higher eligibility, along with a Top-Up loan, to take care of your extra needs.

Plot Loans

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.

Business Loans

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!

Commercial Property Loans

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.






 Balance Transfer

 

We understand the challenges that life brings. With Godrej Capital, you can leave all your home financing worries to us.

Our Balance Transfer 

 

We understand the challenges that life brings.

Make the switch to Godrej for hassle-free Home

Loans at the best rates.


Save on EMI payments

Save on your EMI payments
Save on your EMI payments

Low interest rates from dynamicBalTransIntRate%

Low Interest Rates From 8.39%
Low Interest Rates From 8.39%
dynamicBalTransIntRate%

Get additional top-up loan

Get additional top-up loan
Get additional top-up loan

Avail EMI Break

Avail EMI Break
Avail EMI Break

Key Features






homekey

  • Lower your EMI Payments with reduced Interest rates starting from 8.64%
  • Avail additional Top-Up loans for your home & personal needs
  • Get Speedy sanctions and quick disbursals with minimum documentation
  • EMI Break in the first 3 years of your loan
  • No charges on pre-payment and foreclosures

*T&C Apply

Home Loan Balance Transfer Key Benefits


We understand that life can be hard at times.
We can ease it financially by giving you an EMI break when you most need it:


homeemi-break

  • Avail breaks for 3 predefined EMI’s/ PEMI’s in the first 3 years of the loan. Now you can pay 11 out of 12 months in the first 3 years of the loan.
  • Salaried customers can avail an EMI Break in March (tax season), Self Employed customers in September (festival season) and Practicing Professionals in June (holiday season)

*T&C Apply

Home Loan Balance Transfer EMI Break



Low Interest Rates


If you’re looking to ease your financial burden, our low interest rates on Home Loan Balance

Transfer will be there to support you.

Low Interest Rates


If you’re looking to ease your financial burden, our low interest rates on Home Loan Balance Transfer will be there to support you.



RESIDENT

Salaried

Per Annum onwards
NON-RESIDENT INDIAN

Salaried

Per Annum onwards
BUSINESS

Self Employed

Per Annum onwards
PRACTICING PROFESSIONALS

Self Employed

Per Annum onwards


*T&C Apply


Calculate Your Savings




Existing Loan
Yr
%
Proposed Loan
%
Loan Tenure
Yrs
Ms

Total saving in cash outflow

Savings In EMI

Proposed EMI

Existing EMI


How to use the Balance Transfer Calculator?

  • Enter the outstanding principal amount of your current loan.
  • Select the tenure of the current loan using the sliding button feature. 
  • Input the rate of interest on your current loan
  • Key in the interest rate per annum as per your credit evaluation. 
  • Adjust the loan tenure options (months and years) to accurately assess the possible savings you could enjoy

How does Balance Transfer Calculator help you?

  • Enables easy understanding of the savings a loan transfer can yield. 
  • Helps with providing an insight into the proposed EMI structure that could come with a balance transfer.
  • Aids in making a well-informed decision for your finances.
%
Loan Tenure
Yrs
Ms

Your Monthly EMI

For the years at the % of interest rate

Total Interest Payable

Total Payment (Interest + Principal)



How to use the EMI Calculator?

  • Input the amount you need to avail as a loan using the slide bar
  • Key in the interest rate from 6-15% as per your Credit Evaluation
  • Adjust the loan tenure options (months and years) to generate your monthly and total payment amount

How does the EMI Calculator help you?

  • Aids in making a well-informed decision for your finances
  • Assesses the tenure that would be feasible for your loan repayment
  • Commences long-term financial planning basis the available EMI-related data
  • Gauges the amount of interest you would pay and assesses your risk with ease
%
Loan Tenure
Yrs
Ms

Your EMI Will Be

Your Eligibility



How to use the Eligibility Calculator?

  • Input your net monthly income using the slide bar. This can include income from multiple sources
  • Enter the total amount of any existing loans or EMIs
  • Key in the interest rate from 6-15% as per your credit Evaluation
  • Adjust the Lloan tenure options (months and years) to your ideal repayment period to generate your Home Loan eligibility amount

How does Eligibility calculator help you?

  • Determines the amount you can avail as a home loan without any lengthy paperwork and reduce the risk of application rejection
  • Plans your future financial investments with greater accuracy
  • Assesses the benefits of loan with ease
Financial Details
Yr

Income Tax Benefits

Income Tax Payable includes 4% cess.

Income Tax Payable After Loan

Income Tax Payable Before Loan



How to use the Tax Saving Calculator?

  • Select your age (Tip: Use the slide bar to input your age)
  • Enter your total taxable income amount
  • Enter your annual principal amount and interest amount paid on your loan in INR to generate the final payable tax amount before and after your home loan

How does the Tax Saving calculator help you:

  • Accurately arrives at your tax saving benefits for the year
  • Accounts for your tax savings and plans future investments with ease

Please note that as per Section 80C and Section 24B of the Income Tax Act 1964, one is eligible for tax saving benefits via both, the principal and interest components of the loan.



Documents Just what is needed. Nothing more.





  • Pan Card or Form 60
  • Copy of proof of identity (Aadhar number / Valid Passport / Valid Driving License / Voter’s Identity Card)
  • Copy of proof of address (Aadhar number / Valid Passport / Valid Driving License / Voter’s Identity Card)



  • Copy of salary slip for last one month, or a Salary Certificate on the company letterhead (authorized by the signatory of the organisation)
  • Copy of proof of employment for last 2 years (Form 16 or joining date on appointment letter or salary slip)
  • Copy of salary account statement for last 6 months
  • Copy of proof of bonus for last 2 years (bank statement) or variable incentive for last 6 months(salary slip)
  • Copy of bank statement reflecting EMI clearance of Last 6 EMIs OR Statement of account
  • Copy of sanction letter as evidence of the collateral address
  • Customer declaration for outstanding loan and list of submitted documents

For Under construction Home Loans – Approved Projects 
  • Copy of allotment letter or stamped agreement for sale
  • Copy of payment receipts Payment Receipts or bank account statement showing all payments made to the builder
For Resale Home Loans 
  • Copy of current Registration or Draft Agreement for sale (only for Maharashtra) /allotment letter
  • Copy of Occupancy Certificate (fully constructed property) or approved plan copy (xerox blueprint)
  • Copy of Share Certificate (only for Maharashtra), maintenance bill, property tax receipt
  • Copy of payment receipts or bank account statement showing payments made to seller
  • Prior Chain Link title documents


  • Pan Card or Form 60 is a mandatory requirement for the loan application processing
  • Proof of identity (Aadhaar number/ Valid Passport/ Valid Driving License / Voter's Identity Card)
  • Proof of Address (Aadhaar number/ Valid Passport/ Valid Driving License / Voter's Identity Card)



  • ITR and Financial statements including P&L, Balance Sheet, COI & Schedules - 2 Years - certified by a Chartered Accountant
  • Bank Statements for last 12 months
  • Business Continuity Proof for 5 years
  • Tax Audit Report, if applicable
  • Bank statement reflecting EMI clearance of Last 6 EMIs OR Statement of account
  • Sanction letter to evidence Collateral address
  • Customer declaration for - Loan outstanding & List of documents submitted.

For Under construction Home Loans – Approved Projects
  • Allotment Letter or Stamped Agreement for Sale
  • Payment Receipts or bank account statement showing all payments made to the Builder
For Resale Home Loans
  • Current Registered or Draft Agreement for Sale (only for Maharashtra) or Allotment Letter or Stamped Agreement for Sale
  • Prior Chain Link title documents
  • Occupancy Certificate (in case property is ready) or Approved Plan copy (Xerox Blueprint)
  • Share Certificate (only for Maharashtra), Maintenance Bill, Property Tax Receipt
  • Payment Receipts or bank account statement showing all the payments made to Seller


  • Pan Card or Form 60 is a mandatory requirement for the loan application processing
  • Proof of identity (Aadhaar number/ Valid Passport/ Valid Driving License / Voter's Identity Card)
  • Proof of Address (Aadhaar number/ Valid Passport/ Valid Driving License / Voter's Identity Card)



  • ITR and Financial statements including P&L, Balance Sheet, COI & Schedules - 2 Years - certified by a Chartered Accountant
  • Practice Continuity Proof for 5 years
  • GST challans for last 1 or 2 or 3 quarter since filing of last returns
  • Tax Audit Report, if applicable
  • Bank statement showing Rental credits & Registered Rent Agreement, if applicable
  • Bank statement reflecting EMI clearance of Last 6 EMIs OR Statement of account
  • Sanction letter to evidence Collateral address.
  • Customer declaration for - Loan outstanding & List of documents submitted.

For Under construction Home Loans – Approved Projects
  • Allotment Letter or Stamped Agreement for Sale
  • Payment Receipts or bank account statement showing all payments made to the Builder
For Resale Home Loans
  • Current Registered or Draft Agreement for Sale (only for Maharashtra) or Allotment Letter or Stamped Agreement for Sale
  • Prior Chain Link title documents
  • Occupancy Certificate (in case property is ready) or Approved Plan copy (Xerox Blueprint)
  • Share Certificate (only for Maharashtra), Maintenance Bill, Property Tax Receipt
  • Payment Receipts or bank account statement showing all the payments made to Seller

 

FAQs



One of the primary benefits of opting for a home loan balance transfer is the suitable rate of interest offered by Godrej Capital. Also, a borrower gets an added benefit of higher eligibility along with a Top-Up loan. In short, at Godrej Capital, we enable utmost affordability and flexibility for repayment.

Once a customer applies for a Home Loan Balance Transfer with Godrej Capital, it takes up to 7 days days to process the application and view the loan offer. You can visit our Godrej Capital  website and our representative will get in touch with you for all your information such as personal KYC, financial, employment details and existing property information.

There is no maximum amount for transfer. If you are eligible, your entire home loan outstanding balance can be transferred to Godrej Capital.

Yes. The repayment tenor can be extended up to a maximum period of up to 20 years for a self-employed individual and up to 30 years for salaried customers, basis the eligibility and age of the borrower.

No, there is no mandatory requirements of a guarantor for a home loan transfer. However, it may be subject to internal policies of the lender.

National Automated Clearing House (NACH) is a centralized structure created to make payments more accessible and cost-effective. It offers a fast and efficient clearing platform. The NACH debit mandate is used by Godrej Capital to automatically deduct monthly instalments from your bank account for the loan availed.

There are two ways to cancel your NACH mandate: are:

  • You can log in to the Ccustomer pPortal and request to cancel the mandate through the ‘Write to Us’ section.
  • You can also send an email to customercare@godrejcapital.com through your registered email ID or call our Customer Care +91 22 68815555 through your registered mobile number and place a request for NACH mandate cancellation.

Please note that you need to mention the Loan Account Number (LAN) in the request, and our team will connect with you within 48 hrs.

 

Top Up Loans can tend to personal and professional needs like home furnishing, marriage, child's tuition business expansion, etc.

Customers opting for a Balance Transfer of their Home loan can additionally avail of a top-up loan from Godrej Capital subject to meeting the qualifying criteria.

You can avail a top up loan for a maximum term of 15 years

As a Top-Up Loan is a primarily a new loan, standard processing fees apply to it as well.

No, it is not mandatory to obtain Insurance. However, Insurance is a voluntary risk mitigation device that helps customers in multiple ways, such as securing the asset, helping in paying off the loan liability in an unlikely event.

The insurance contract is between the Insurer and the customers. The company plays a limited role in facilitating the insurance contract between customers and Insurers. It will be the Insurer's responsibility to provide details and benefits to the customers.

Loan-linked Insurance covers a large amount of the loan liability. In any unforeseen circumstances like death, disability, hospitalization, and diagnosis of critical ailments, the Insurer can repay the loan liability through Insurance.

Credit-Life Insurance provides death cover for natural, accidental, and unnatural cause deaths. It also includes coverage for death due to Covid-19 and can be extended to co-borrowers. Customers can also avail the benefit of Section 80-C Income Tax deduction.

Survival-Benefit Plan is for critical illness insurance and provides additional cover for medical emergencies like heart attack, stroke, or cancer. Because these emergencies or illnesses often incur greater than average medical costs, these policies pay out cash to help cover those overruns where traditional health insurance may fall short. These policies come at a relatively low cost. However, the instances that they will cover are generally limited to a few illnesses or emergencies.

Health insurance aims to provide a defence against the hardship caused due to lack of income because of (a) Disease, (b) Accident, (c) Surgery and (d) hospitalization.

Property Insurance secures the property for which the loan has been availed; ensures the security of valuables within the house. It is applicable for entirely constructed property wherein the customer has possession of the property. The Claim amount is the reinstatement value of the property.


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