IIFL Finance Home Loan for Self Employed

IIFL Finance home loans for self-employed individuals feature competitive interest rates starting at 8.75% per annum and offer flexible repayment terms. The digital application process ensures minimal documentation and quick approvals, making it easier for self-employed individuals to access the necessary funds.

IIFL Finance Home Loan for Self-Employed – Highlights

The following features ensure that self-employed individuals can access home loans easily and efficiently with IIFL Finance:

IIFL Finance Home Loan for Self-Employed – Fees and Charges 

Here are the fees and charges of IIFL Finance Home Loan:

IIFL Finance Home Loan for Self-Employed – Documents Required

Submitting complete and accurate documents ensures a smooth approval process, credibility, regulatory compliance, faster approval, and better interest rates. Let’s have a look at the list of documents required for IIFL Finance home loan for self-employed individuals:

• Identification Proof: Aadhar card, passport, or driver’s license.
• Address Proof: Utility bills, rental agreements, or property tax receipts.
• Employment Proof: Business registration documents are required for self-employment.
• Property Documents: Ownership documents, sale deeds, and property tax receipts.
• Loan Application Form: Complete with details about you, co-applicants, and the property.
• Property Documents: Sale deed, NOC from builder or society, property tax receipts, encumbrance certificate, site plan, and layout approval.

IIFL Finance Home Loan for Self-Employed – Eligibility Criteria

To qualify for an IIFL Finance home loan, applicants must meet the following criteria:

• Nationality: Must be a resident of India.
• Age: Applicants should be between 18 and 75 years old.
• Occupation: Open to both salaried and self-employed individuals.