Vastu Housing Finance Home Loan for Government Employees

Vastu Housing Finance offers competitive home loan interest rates for government employees. With interest rates starting at 12.50% per annum, a government employee can begin their dream home ownership journey by availing of a loan of up to Rs 50 lakhs. With a flexible tenure of up to 20 years, repayment can be easily manageable, allowing for pocket-friendly EMIs. To ensure a hassle-free homeownership journey, Vastu Housing Finance home loans for government employees can be easily availed with minimal documentation, with 100% transparency throughout the loan process. Whether you are a central or state government employee, Vastu Housing Finance home loan can be perfect for you!

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Written By
Amrita Sinha
Amrita Sinha
Amrita Sinha comes with a background in journalism and mass communication, drawing from her roots in journalism, she has found her voice in the world of finance. As an accomplished writer, she specialises in Financial Services, Mutual Funds, Loan Assessments, Banking & Loan Products. She has established herself as a reliable expert in the field, offering valuable advice to those looking to navigate the various aspects of personal finance.
Reviewed By
Piyush Bothra
Piyush Bothra
Chief Financial Officer, Square Yards
Piyush Bothra is the Chief Financial Officer at Square Yards, bringing over two decades of rich experience in finance and leadership. He is an MBA graduate from the prestigious IIM Lucknow and holds a BE in Information Technology from Sardar Vallabhbhai Patel Institute of Technology. He has played pivotal roles in scaling businesses and driving financial strategies. At Square Yards since 2015, Piyush is known for his strategic vision, strong financial knowledge, and valuable financial insights, significantly contributing to the company's growth and success.

Vastu Housing Finance Home Loan For Government Employees – Highlights

The highlights of the Vastu Housing Finance home loan for government employees are:

Loan Amount Maximum of Rs 1 crore
Interest Rates 12.50 % p.a. onwards
Loan Tenure Up to 20 years
Eligibility Government employees with a stable source of income

Vastu Housing Finance Home Loan For Government Employees – Fees & Charges

The fees associated with Vastu Housing Finance home loan for government employees are as follows:

Fee/Charge Amount
Initial Processing fee Rs 3,000 + applicable taxes
Processing Fee Up to 3% of loan amount + applicable taxes

Vastu Housing Finance Home Loan For Government Employees – Documents Required

The required documentation includes an application form, identification copies, address proof, income records, bank statements, and property documents.

Vastu Housing Finance Home Loan For Government Employees – Eligibility Criteria

The table given below will give you an insight into the eligibility criteria for Vastu Housing Finance home loan for government employees:

Employment Type A state or a central government employee with a regular source of income
Nationality Indian Resident

Vastu Housing Finance Home Loan Schemes For Government Employees

Following are the different home loan schemes offered to government employees by Vastu Housing Finance:

Housing Access Loan

This Vastu Housing Finance home loan for government employees is perfect for those who want to buy, build, or improve a home on land, with or without a title deed. It’s a flexible option that provides financial support for various housing needs, ensuring government employees can easily achieve their dream of homeownership.

Home Extension/Improvement Loan

Designed to create additional living spaces in your existing house, this Vastu Housing Finance home loan scheme for government employees is ideal for those looking to expand their homes. It caters to government employees needing more space to accommodate their growing families or improve their living conditions.

Plot + Construction Loan

If you already own a plot of land and plan to construct a house, this Vastu Housing Finance home loan for central government employees suits your needs. Constructing your own home gives you a sense of pride and satisfaction, and this loan helps make that dream a reality with flexible terms and competitive home loan interest rates for government employees.

Commercial Property Loan

This loan is designed to acquire commercial properties for business or service delivery. It’s useful if you are a government employee beginning the journey into commercial property ownership. With transparent processes and minimal documentation, Vastu Housing Finance home loan documents for government employees make it easier to secure a loan and invest in commercial real estate.

Frequently Asked Questions (FAQs)

How much home loan a govt employee can take from Vastu Housing Finance?

A government employee can apply for a home loan of up to Rs 50 lakhs from Vastu Housing Finance.

What home loan schemes are provided by Vastu Housing Finance to govt employees?

Vastu Housing Finance offers government employees three home loan schemes: construction, home loans, and home extension/improvement loans.

What is the maximum age for government employees to repay the Vastu Housing Finance home loan?

The maximum age for government employees to repay the Vastu Housing Finance home loan is 65 years.

Who is eligible for Vastu Housing Finance Home Loan for Government Employees?

Central or state government employees who earn a regular source of income are eligible for Vastu Housing Finance home loans for government employees.

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