Capri Global Home Construction Loan

The Capri Global Construction Loan offers an excellent financing choice. This loan is tailored specifically for individuals looking to construct their dream homes. Capri Global delivers the financial support needed to realise your plans, whether starting from scratch or expanding your current home. With a user-friendly application process, quick approval times, and dedicated customer support, you can focus on the joy of creating your perfect living space. Hence, this all-in-one guide to the Capri Global house construction loan provides information about the Capri Global construction loan interest rate, eligibility criteria, documentation, and applicable fees. Let’s get started!

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Written By
Hepson Franklin
Hepson Franklin
Hepson Franklin is a seasoned financial expert and accomplished writer specialising in Financial Services, Investments, Loan Assessments, Mutual Funds, Banking & loan products. With a wealth of experience in the financial industry, he has established himself as a trusted voice, providing invaluable insights and guidance to both seasoned investors and those new to the world of finance. With a comprehensive understanding of the intricate facets of the financial landscape, he is dedicated to demystifying complex financial concepts for readers of all backgrounds.
Reviewed By
Amit Prakash Singh
Amit Prakash Singh
Co-Founder, Square Yards & Chief Business Officer, Urban Money
Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

Capri Global Construction Loan – Highlights 

Here are the main details of the Capri Global construction loan:

Loan Amount ₹2 – ₹50 lakh
Loan Tenure Up to 20 years
Purpose  Home construction 
Eligibility Both salaried and self-employed individuals 

Capri Global Construction Loan Interest Rates 

The applicable Capri Global construction loan interest rates are mentioned below:

Minimum Rate of Interest  Maximum Rate of Interest 
9% p.a. 16.75% p.a.

Capri Global Construction Loan Fees and Charges

The expected fees and charges for the Capri Global house construction loan are mentioned below:

Fee/Charge Amount
Login Fee Up to ₹5,000 
Processing Fee ₹2,000 
Prepayment Charges  Up to 5% of the principal amount 
Late payment Charges  Applicable   
Legal Charges ₹3,000 
Valuation Charges ₹2,000 

Capri Global Construction Loan Eligibility Criteria

The expected eligibility criteria for a home construction loan from Poonawalla Fincorp Limited are mentioned below:

  • Age Limit: You should be between 21 and 65 years old.   
  • Income Criteria: You should have a regular source of income to cover the loan EMIs. 
  • Credit Score: You should have a good credit score, preferably 700 or above. 
  • Nationality: You should be an Indian citizen. 

Capri Global Construction Loan Documents Required 

The relevant documents required for a house construction loan from Poonawalla Fincorp Limited are mentioned below:

  • Proof of Identity: Aadhaar card, PAN card, election ID, driving license, or passport. 
  • Proof of Address: Utility bills, ration card, aadhaar card, passport, or rent agreement.
  • Proof of Income: Salary slip, form 16, and bank statements. Self-employed individuals must require ITR, profit/loss statement, balance sheet, etc. 
  • Proof of Property: Title deed, encumbrance certificate, property tax receipts, approved building plan, no objection certificate, etc. 

Features of Capri Global Construction Loans

The major features of a Capri Global Construction Loan are:

  • Flexible Loan Amounts: Capri Global offers flexible loan amounts to suit the varied needs of different construction projects, ensuring that borrowers can secure adequate funding for their specific requirements.
  • Competitive Interest Rates: Capri Global construction loans feature competitive interest rates, making them an attractive option for those seeking affordable financing for their construction endeavours.
  • Customised Repayment Plans: Borrowers can benefit from customised repayment plans that align with their cash flow, making it easier to manage loan repayments without financial strain.
  • Transparent Processes: Transparency is a key feature, with clear terms and conditions that ensure borrowers are fully aware of all aspects of their loan agreement.
  • Wide Eligibility Criteria: Capri Global construction loans have flexible eligibility criteria, making it easier for a diverse range of individuals and businesses to qualify for funding.

Bank Wise Home Loan Interest Rate

Urban Money