The Pragati Aashiyana Home Loan is crafted to make the path to homeownership seamless and accessible. Offering flexible solutions, this loan is designed to cater to your unique needs, helping you achieve your dream of owning a home.
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Choose a flexible loan tenure of up to 240 months to suit your financial needs.
Avail loans ranging from ₹5 lakh to ₹50 lakh to finance your dream home.
Enjoy a simplified loan process with minimal documentation for easy approval.
Enjoy a simplified loan process with minimal documentation for easy approval.
Quick, seamless online application with fast approvals.
Repay your loan at your convenience with manageable EMIs.
Transfer your existing home loan to Pragati Aashiyana for better terms and extra top-up options.
No hidden charges, ensuring complete clarity throughout the process.
Professional assistance at every step of your loan journey.
To ensure a seamless application process for the Pragati Aashiyana Home Loan, make sure you meet the following eligibility criteria:
Nationality:
Indian citizens and NRIs
Age Requirement:
Salaried Individuals: 21–70 years Self-Employed Non-Professional (SENP): 21–70 years
Income:
Salaried: ₹7,000 per month | SENP: ₹1 lakh per annum | SEP: ₹1 lakh per annum
Credit Score:
A good credit history with a score of 650 or above
Minimum 3 years of continuous service
Minimum 3 years in business/profession
Latest 3 months salary slips & bank statements
Last 2 years ITR & financial statements
5 to 15 days
5 to 15 days
Note: Meeting these criteria does not guarantee loan approval. Final eligibility will be based on factors like credit history, property evaluation, and more.
Taking the first step toward your dream home is easier than you think. Follow these straightforward steps to apply for the Pragati Aashiyana Home Loan:
Start by using our eligibility calculator to quickly determine if you qualify for the loan based on your income, credit score, and other factors.
Prepare the required documents, including your identity and address proof, income details, and property-related papers.
Fill out the online application form with accurate information about your personal and financial details to kickstart the process.
Our team will verify the documents you’ve submitted. If anything, additional is needed, we will reach out for clarification.
Once everything is verified, you’ll receive an official loan offer with details on the amount, interest rate, and repayment terms. Review the offer carefully and confirm your acceptance.
We will carry out a thorough evaluation of the property you wish to purchase, ensuring it aligns with our lending criteria.
After successful evaluation, your loan will be disbursed as per the agreed terms and conditions.
Estimated Processing Time: The loan application process typically takes around 5 to 10 working days, depending on the timely submission of documents and successful property evaluation.
0.25% onwards of the loan amount + applicable GST (may vary as per customer risk profile).
12% p.a. above current applicable interest rate (aggregate not exceeding 24% p.a. + GST).
₹3,000 per month (for delay in submission of Title document, Security perfection documents, Mortgage Deed, Charge creation with MCA, or non-adherence to loan agreement terms).
₹750 per instance.
₹1,000 per month in case of secured loans (for invalid, inactive, or closed/frozen bank accounts).
₹750 per instance per loan account.
As applicable based on actual delayed status or as communicated by the lender from time to time.
₹1,000 per instance.
₹750 per instance.
₹200 per instance.
₹750 per instance.
0.5% of principal outstanding + applicable GST (Change in EMI/tenor as per eligibility norms).
0.25% + GST on principal outstanding (capped at ₹7,500 per instance).
₹500 per instance.
2% of principal outstanding + applicable GST.
As per actual, where applicable.
Wherever applicable, GST @ prescribed rates will be levied on these charges.
Having the right documents ready ensures a smooth loan approval process.
KYC Documents –
Salaried – Aadhaar Card, PAN Card, Passport, Voter ID
Self-Employed Professional / Self-Employed Non-Professional – Aadhaar Card, PAN Card, and Business-related documents
Self-Employed Non-Professional with Temporary Set-up – Municipal Corporation License or any local competent authority certificate
Cash Salaried – Aadhaar Card, PAN Card, Passport, Voter ID
Easily calculate EMIs and check eligibility with our user-friendly tools.
*Note- The calculated interest is an estimate, the final amount will be determined upon approval.
From home financing to business funding, we offer a variety of loan options with flexible terms and a seamless process. Find the right financial solution for you.
Discover surprising benefits and features that make your home loan journey easier and smarter.
Find answers to all your home loan queries in our FAQ section. Learn about eligibility, loan tenures, interest rates, required documents, application process, and more. Simplify your journey to owning your dream home with clear guidance.
A credit score of 650 is recommended for easier approval and more favorable interest rates.
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