Fulfill Your Dream of Owning a Home
Purchasing a house is one of life's most significant milestones. First Capital's Home Loan offers attractive interest rates, simple processing rules, and extended repayment tenures up to 30 years. Whether you are looking to purchase a newly constructed flat, build a home on an existing plot, or renovate your current residence, our specialized advisors guide you through property valuations, legal compliance, and tax benefits.
We also offer a simple **Home Loan Balance Transfer** facility. If you are paying high interest rates on an active housing loan elsewhere, you can transfer your loan to First Capital for lower monthly payouts and a hassle-free transition process.
Eligibility Criteria
Review the minimum criteria required to apply for housing finance and balance transfers:
| Criteria | Requirement |
|---|---|
| Applicant Type | Salaried professionals and Self-Employed individuals |
| Age Limit | 21 to 65 years at the time of loan maturity |
| Minimum Monthly Salary | ₹25,000 for salaried applicants (co-applicant income can be merged) |
| Minimum Business Income | Audited yearly profit of ₹3 Lakhs for self-employed individuals |
| Minimum Credit Score | 700 or above for optimal interest rate offers |
Frequently Asked Questions (FAQs)
First Capital offers flexible tenures up to 30 years (360 months) for salaried individuals and up to 20 years for self-employed professionals, allowing you to choose comfortable monthly EMI terms.
No, in compliance with standard regulations, First Capital does not levy any foreclosure or pre-payment charges on floating interest rate home loans.
Yes, adding an earning family member (spouse, parents, children) as a co-applicant can combine income profiles and significantly increase your eligible loan amount.