ABHFL Pragati Plus Home Loan is tailored for self-employed individuals and high-earning professionals looking to buy premium homes. With flexible eligibility, higher loan amounts, and customized repayment options, it simplifies home financing for ambitious homeowners.
*Download to get more details about Pragati Plus Home Loan
Get a loan ranging from ₹5 lakh to ₹1.50 crore for your dream home.
Choose a tenure of up to 20 years for Self-Employed & 30 years for Salaried to fit your financial plans.
Finance a significant portion of your property market value.
Avail a loan against a variety of property types.
Designed to support self-employed individuals and high-earning professionals.
Benefit from competitive and attractive interest rates on your loan.
Enjoy fast loan processing with complete transparency at every step.
Flexible repayment tenure available for up to 30 years*.
Make part-prepayment or foreclosure without any additional charges.
Easily transfer your existing loan to avail better interest rates.
Convenient doorstep documentation and assistance for a smooth experience.
To make the home loan process seamless, certain eligibility criteria must be met
Nationality:
Available for Indian citizens
Age Requirement:
Up to 60 years for salaried individuals Up to 70 years for self-employed individuals
Minimum Income:
₹3 lakh per annum and ₹25,000 per month (for self-employed applicants and salaried)
Credit Score:
700 or above (or considered for New to Credit applicants)
Loan Tenure:
Flexible repayment period ranging from 12 to 240 months for self-employed & 360 months for Salaried
Loan Amount:
Get financing up to ₹1.5 crore based on eligibility
Minimum 3 years of continuous service
Minimum 3 years in current business/profession
Latest 3 months' salary slips and Form 16
Last 2 years' Income Tax Returns (ITR) and financial statements
5 to 15 days
5 to 15 days
Note: Final loan approval is subject to factors like credit history, income stability, and property assessment.
Applying for a home loan with ABHFL is a simple and hassle-free process. Follow these steps to get started:
Use our online calculator to see if you qualify.
Keep identity proof, address proof, income statements, and property documents ready.
Fill out the online form with accurate details.
Our team will review your documents and may request additional information.
Receive a loan offer with details on the sanctioned amount, interest rate, and terms. Review and accept the offer.
The property will be evaluated to ensure it meets lending requirements.
Once all checks are complete, the approved loan amount will be disbursed.
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.
Ensure smooth processing with the required documents:
Identity & Address Proof – Aadhaar Card, PAN Card, Passport, Voter ID
Utility Bills – Latest (not older than 3 months)
PAN Card – Mandatory for verification
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.
Self-employed individuals, high-earning professionals, and salaried customers meeting the income and credit score requirements can apply.
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