Vastu Housing Finance Home Loan for Salaried Person

A salaried person who wishes to avail of a home loan to purchase their dream home and begin their home ownership journey can check out the Vastu Housing Finance home loan for salaried persons. With attractive and competitive interest rates starting at 12.50% per annum and loan tenure of up to 20 years, salaried applicants can enjoy flexible and budget-friendly EMIs. The maximum loan amount that can be availed by the salaried person is Rs 1 crore, ensuring sufficient funds are available for purchasing a home. With a minimal and hassle-free documentation process, continue reading to ensure you fit the eligibility criteria and how to avail of a personal loan from Vastu Housing Finance instantly.

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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 Salaried Persons – Highlights

Let us take a look at the key highlights of the Vastu Housing Finance home loan for salaried persons:

Loan Amount Up to  Rs 1 crore
Interest Rates 12.50 % p.a. onwards
Loan Tenure Longer loan tenures of up to 20 years
Eligibility Government employees with a reliable source of income

Vastu Housing Finance Home Loan For Salaried Persons – Fees & Charges

The fees and charges associated with the Vastu Housing Finance home loan for salaried persons are given below:

  • Initial Processing Fee: Rs 3,000 + applicable taxes
  • Processing Fee: Up to 3% of the loan amount + applicable taxes

Vastu Housing Finance Home Loan For Salaried Person – Documents Required

Ensure that the following documents are available with you if you are looking forward to availing a Vastu Housing Finance home loan for salaried persons:

  • Completed application form
  • Copies of identification
  • Proof of address
  • Income records
  • Bank statements
  • Property documents

Vastu Housing Finance Home Loan For Salaried Person – Eligibility

To qualify for the Vastu Housing Finance home loan for salaried persons, you must be a state or central government employee with a regular source of income. Additionally, you must be an Indian resident.

Frequently Asked Questions (FAQs)

What is a Vastu Housing Finance home loan repayment term for a salaried person?

Salaried persons can enjoy longer repayment tenures of up to 20 years if they avail of a home loan from Vastu Housing Finance.

What is the minimum age for a salaried person to apply for a Vastu Housing Finance home loan?

The salaried applicant must be above 21 to obtain a Vastu Housing Finance home loan.

What is a salaried person's minimum and maximum Vastu Housing Finance home loan amount?

The salaried applicant can avail of a maximum of Rs 1 crore from the Vastu Housing Finance home loan.

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