Home Loan in Vadodara
We stay with your file.
Buying, building or repairing a house or flat? We check your papers, compare banks and follow your file until the bank gives its answer. We do not lend ourselves. The bank decides.
- We do not lend. The bank decides
- We check your papers before the bank does
- We follow up until the bank answers
What is a home loan?
A home loan is money from a bank or finance company to buy, build or repair a house or flat. The property stays with the bank as security until you finish paying. You repay in monthly instalments called EMI.
Banks look at your income, your credit (CIBIL) score, your age, the loans you already pay and the papers of the property. Every bank has its own rules, so the same file can get a different answer from different banks.
The bank usually gives a large part of the property price. You pay the rest from your own money. This is called the down payment.
How Jensi Finloan helps
- Check your credit score, income and current EMIs before you apply
- Compare banks on interest rate, fees and the rules for paying early
- Check the property papers early, so there are no surprises later
- Fill in the forms and send a complete file to the bank
- Answer the bank's questions and arrange the valuation and legal check
- Explain the sanction letter to you before you accept it
Papers you need
This is a general list. Your bank or insurance company will confirm the exact papers.
You, if you have a job
- PAN card and Aadhaar card
- Address proof, if different from Aadhaar
- Last 3 months' salary slips
- Salary account bank statement, last 6 months
- Form 16 or income tax returns (ITR), last 2 years
- Company ID card or offer letter
You, if you have a business
- PAN card and Aadhaar card
- Income tax returns (ITR) with income calculation, last 2 to 3 years
- Balance sheet and profit and loss statement
- Bank statements, last 12 months
- GST certificate and returns, if you have GST
- Business proof, such as Udyam certificate or shop licence
The property
- Sale agreement or allotment letter
- Ownership papers (title documents)
- Approved building plan and NOC, if needed
- Recent property tax receipt and light bill
How it works
Five simple steps, from your first call to the bank's answer.
Call or message us
Tell us the amount you need, the property and your work details.
We check your details
We look at your credit score, income and current EMIs, and tell you what is good and what needs fixing.
We choose the bank
We pick banks that suit your profile, fill in the forms and send your file.
The bank checks the property
The bank does a valuation and a legal check. We answer its questions and keep following up.
Sanction and payment
You get a sanction letter. After the final checks, the bank pays, often directly to the seller or builder.
Check your monthly EMI
Move the sliders to see a rough EMI for a home loan. This is only an example.
- Loan amount
- Total interest
- You pay in total
This is only an estimate. Your bank's real interest rate and fees can be different.
Check this with MrugeshCommon questions
How much home loan can I get?
It depends on your income, your current EMIs, your age and the value of the property. Banks give a large part of the property value and you pay the rest. Use the calculator on this page for a rough idea, and we will check your real numbers.
What is a down payment?
It is the part of the price that you pay from your own money. The bank gives the rest as the loan.
How long does a home loan take?
It depends on the bank and the property. A home loan takes longer than a personal loan because the bank also checks the property and its papers. After we look at your file, we tell you what to expect.
Can I get a loan to build on my own plot, or for repairs?
Many banks give loans to buy a flat or house, to build on your own plot and for repairs. The rules are different for each, so ask us before you apply.
Does Jensi Finloan give the loan?
No. The bank gives the loan. We check your details, choose the right bank, send a complete file and follow up until the bank answers.
Our other services
Jensi Finloan helps with 8 kinds of loans and insurance.
Talk to Mrugesh about your Home Loan
Send your details on WhatsApp or the enquiry form. Mrugesh will contact you. Office: 14 Sai Vihar Society, Waghodia Rd, near Sharnam, Char Rasta, Vadodara 390019.