Reliance Finance Home Loan

Reliance finance is a part of reliance capital. Their financial services and products are tailored to the specific needs of customers bringing them greater trust and satisfaction.

Moreover, easy repayment options with easy EMI’s and flexibility of choosing loan tenure make the entire framework very approachable for home loans. You can get easy approvals in minutes from loanstreet where you will be also guided on which bank to go for.

Minimum Threshold for Reliance Finance Home Loan Eligibility
  1. At least 21 years of age.
  2. Salaried/ Self-employed with regular source of income.
  3. Less than 65 years of age.
Documentation Required For Application of Reliance Home Loan

Generally all banks follow same guidelines for collecting elementary documents. However there may be little variation with subject to specific requirements. Below listed are the documents that is required to process the loan faster. Self attested copies of Documents are solicited.

  1. The Signed application form duly filled with photograph.
  2. ID/ Age Proof - PAN Card/ Passport/ Aadhar Card and Residence Proof – Passport/ Utility bills/ Bank Statement
  3. Cheque of Processing Fee.
Salaried Individuals
  1. Last 2 years Form 16 or Income Tax Returns
  2. Last 3 months salary slips
  3. Last 6 months bank statement reflecting salary credits
Self employed Individual/ Proprietorship
  1. Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificates
  2. Last 3 years IT tax returns with profit and loss account and balance sheet duly audited by CA
  3. Latest 12 months bank statement- Savings Account and Current Account
  4. Existing Loans’ Sanction letters accompanied with repayment track
  5. Business profile on the letterhead of the company
Partnership Firm/ Partnership LLP
  • Age proof of all the partners in the form of PAN Card, Passport or Adhar Card
  • PAN Card of the company
  • Residence proof of all the partners –Utility Bills/ Passport/Bank statement/ Registered rent agreement
  • Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate
  • Latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA.
  • Latest 12 months bank statement of the Company and of the Partners’ Savings Bank Account
  • Partnership deed
  • Existing Loans’ Sanction letters accompanied with repayment track
  • Business profile on the letterhead of the company
Private Limited / Limited Company
  • Application form duly filled with photographs of directors.
  • Age Proof of Directors- PAN Card, Aadhar Card, passport
  • Residence Proof of Directors- Utility Bills/ Passport/Bank statement/ Registered rent agreement
  • PAN Card of Company
  • Education Qualification- A professional qualification certificate in case of Doctors/CA/Architects
  • Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate
  • MOA, AOA, List Of Directors, Share Holding Pattern of the Company
  • Last 3 years IT returns with Profit and Loss account and balance sheet duly audited by CA.
  • Latest 12 months bank statement of Company of all current accounts and the same for Director’s Savings Bank Account
  • Existing Loans’ sanction letter with repayment track of company and Individual Directors
  • Business Profile on the Letter Head of the Company
Property Documents
  • Occupancy Certificate
  • Approved Plan of building
  • Share certificate copy
  • Chain of deeds in case of resale property
  • Property Card
  • Nil Encumbrance Certificate- EC ( if applicable)
  • Current Sale agreement/ Draft Agreement
Reliance Home Loan Interest Rates
Rate of Interest 10.50% to 11.00%
Loan Tenure 1 year to 20 years
Processing Fees 1 year to 20 years
Partial Prepayment charges Nil
Pre closure charges Nil
Reliance Finance HOME LOANS- WHY?

Reliance Finance forges to deepen the bond with its existing customers by extending comprehensive value added services accompanied with speedy disbursal of loans. It is one of the fastest loan provider of the nation that provides loan efficiently and at low cost. It also ensures end to end post disbursement services to the applicant.

Benefits Of Acquiring Reliance Finance Home Loan:-
  • Well experienced and dedicated relationship manager.
  • Sharing on total loan eligibility.
  • Prompt and regular updates as the file of home loan disbursal progresses.
  • The customers can have online access to the home loan account.
Unique Features Of Reliance Finance Home Loan
  • The customers can get the maximum amount of loan.
  • The robust delivery system facilitates efficient and quick processing of loans.
  • Home loans can be applied either individually or jointly. Here the co applicants need not be the co-owners.
  • Higher chances of loan eligibility
  • There is flexibility in choosing the loan tenure.
  • The special no income document feature drives many customer to opt their home loans through Reliance Finance.