Aditya Birla Finance Home Construction Loan

Building a home is a long-waited dream for many. The Aditya Birla Finance construction loan is designed to bring life to this dream. It can provide the necessary financial support to construct a home on your own plot. This financial institution ensures eligible applicants expect competitive interest rates, flexible repayment options, and quick approval processes, making your home construction journey smooth and quick. Whether building your first home or expanding your current one, the Aditya Birla Finance house construction loan offers specially designed solutions to meet your needs. To facilitate your homeownership aspiration as soon as possible, Urban Money details the Aditya Birla Finance construction loan interest rate, eligibility, documents, and other pertinent information. Keep reading down to learn more.

Aditya Birla Finance Construction Loan – Highlights

Let’s examine the parameters of the Aditya Birla Finance construction loan:

Aditya Birla Finance Construction Loan Interest Rates

Let’s examine the applicable Aditya Birla Finance construction loan interest rate:

Aditya Birla Finance Construction Loan Fees and Charges

Let’s examine the fees and charges associated with the Aditya Birla Finance house construction loan.

Aditya Birla Finance Construction Loan Eligibility Criteria 

Let’s examine the applicable eligibility criteria for a home construction loan from Aditya Birla Finance:

• Age Limit: Applicants should be between 21 and 60, while self-employed individuals can be up to 70.  
• Income Criteria: Applicants should have a regular source of income to cover the loan repayments. 
• Credit Score: Applicants should have a good credit score, preferably 700 or above. 
• Nationality: Applicants should be Indian citizens. 

Aditya Birla Finance Construction Loan Documentation

Let’s examine the applicable documents required for a house construction loan from Aditya Birla Finance:

• KYC Documents: Passport, aadhaar card, voter’s ID, driving license, and PAN card.
• Income Documents: Three months’ salary slip and Form 16, whereas self-employed individuals must require IT Returns for the last two years, income computation certified by a CA for the last two years, and bank statements for the last six months. 
• Property Documents: Copy of Title documents and approved sanction plan. ​​

Features of Aditya Birla Finance Construction Loans

Let’s examine the applicable features of an Aditya Birla Finance construction loan:

• Competitive interest rates
• Personalised repayment plans
• Quick fund disbursement 
• Available doorstep service 
• Balance transfer facility 
• No hidden charges