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EMI Starts From : ₹972/Lakh
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Tenure upto 30 years

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Repco Home FinanceRepco Home Finance
  • Overview
  • Loan Calculations
  • Highlights
  • Home Loan Interest Rates
  • Compare With Other Banks
  • Processing Fees
  • Fees and Charges
  • Home Loan Types
  • EMI Calculator
  • Eligibility Criteria
  • Documents
  • Tenure
  • How to Apply
  • Loan Amount
  • Customer Care
  • Nearest Branches
  • Disbursement Process
  • Home Loan Insurance
  • Tax Benefits
  • Bank Features
  • Why Choose Credit Dharma

Repco Home Finance Home Loan

Repco Home Finance offers home loans starting at 10.10% p.a. You can borrow up to 90% of your property’s value and take as long as 30 years to pay it back. Repco Home Finance also offers flexible options like home loans with an overdraft facility, home loan balance transfer, home loan top up, NRI home loans, and home loans for home renovation or extension.

Rate of Interest

10.10-15.00%

Loan to Value

80% - 90%

Loan Tenure

Max 30 years

Max Loan Amount

Upto 10 cr

Rate of Interest10.10-15.00%
Loan TenureMax 30 years
AgeSalaried : 18 years - 70 years
Self Employed : 18 years - 70 years
ProfessionSalaried/Self Employed
IncomeMetro Cities : 20,000/Month & Above
Other Cities : 15,000/Month & Above
NationalityResident Indian/ NRI
Max Loan AmountUpto 10 cr
Plot Purchase
Independent Building
Apartment
Resale Property
New Construction
LTV80% - 90%
Home Loan
Plot Cum Construction Loan
Balance Transfer
Overdraft FacilityNO
Top Up Facility
Other OfferingsHome Makeover Loan, CRE Loan,NRI Housing Loan
Processing Fees1.00% of the loan amount
Other ChargesPenal Charges: 24% p.a + applicable GST
Overdraft Facilities-
Highlights• Fast track approval process
• Balance Transfer facility
• Flexibility Tailored for You
• Dedicated Customer Support

*Disclaimer: The interest rate, maximum tenure, and other charges are subject to change, it's advisable to check with our experts for the latest information.

Home Loan Calculations
₹50,00,000
20 Years
Loan Amount₹ 50,00,000
Loan Tenure20 years
Rate of Interest10.10-15.00%
Monthly EMI₹ 48,582 -
₹ NaN

Repco Home Finance Home Loan Highlights

TheRepco Home Finance home loan offers flexible terms, competitive interest rates, and high loan amounts, making it an ideal choice for aspiring homeowners.

CategoryHighlights
Interest Rate10.10% p.a onwards
Loan AmountUp to 90% of the property value
Loan Tenure30 Years
Processing Charges1% of loan amount
Pre-Payment/ Foreclosure ChargesNIL

Repco Home Finance Home Loan Interest Rates

Repco Home Finance provides home loans with interest rates that reflect current market conditions. You can choose a fixed rate or a floating rate, according to your financial situation.

Loan AmountIncome SourceEffective ROI (p.a.)
Upto Rs. 30 LakhDocumented10.10% (MLR + 0 bps)
Non-Documented11.10% (MLR + 100 bps)
Above Rs. 30 & upto Rs. 75 LakhDocumented10.25% (MLR + 15 bps)
Non-Documented11.25% (MLR + 115 bps)
Above Rs. 75 & upto Rs. 150 LakhDocumented10.40% (MLR + 30 bps)
Non-Documented11.40% (MLR + 130 bps)
Above Rs. 150 LakhDocumented10.60% (MLR + 50 bps)
Non-Documented11.60% (MLR + 150 bps)

Compare Home Loan Interest Rate Offered by Top Banks

Comparing home loan interest rates from leading banks helps you identify affordable financing options. Get a clearer view of each lender’s terms and choose the best home loan that matches your budget and financial goals.

BankUp to Rs. 30 LakhAbove Rs. 30 Lakh to Rs. 75 LakhAbove Rs. 75 Lakh
SBI Bank8.00% p.a. onwards8.00% p.a. onwards8.00% p.a. onwards
HDFC Bank8.75% p.a. onwards8.75% p.a. onwards8.75% p.a. onwards
LIC Bank8.50% – 10.35% p.a.8.50% – 10.55% p.a.8.50% – 10.75% p.a.
ICICI Bank8.75% p.a. onwards8.75% p.a. onwards8.75% p.a. onwards
Kotak Mahindra Bank8.75% p.a. onwards8.75% p.a. onwards8.75% p.a. onwards
Punjab National Bank8.50% – 11.05% p.a.8.50% – 11.05% p.a.8.50% – 11.05% p.a.
Bank Of Baroda8.40% onwards8.40% – 10.65% p.a.8.40% – 10.90% p.a.
Bajaj Housing Finance8.50% p.a. onwards8.50% p.a. onwards8.50% p.a. onwards
Axis Bank8.75%-10.30% p.a.8.75%-10.30% p.a.8.75%-10.30% p.a.
Bank of India8.40% p.a onwards8.40% p.a onwards8.40% p.a onwards
TATA Capital8.75% p.a. onwards8.75% p.a. onwards8.75% p.a. onwards
The interest rates, maximum tenures, and other charges are subject to change, and it’s advisable to check with our experts for the most current information.
BankUp to Rs. 30 LakhAbove Rs. 30 Lakh to Rs. 75 LakhAbove Rs. 75 Lakh
SBI Bank8.50% p.a. onwards8.5% p.a. onwards8.50% p.a. onwards
HDFC Bank8.75% p.a. onwards8.75% p.a. onwards8.75% p.a. onwards
LIC Bank8.50% – 10.35% p.a.8.50% – 10.55% p.a.8.50% – 10.75% p.a.
ICICI Bank8.75% p.a. onwards8.75% p.a. onwards8.75% p.a. onwards
Kotak Mahindra Bank8.75% p.a. onwards8.75% p.a. onwards8.75% p.a. onwards
Punjab National Bank8.50% – 11.05% p.a.8.50% – 11.05% p.a.8.50% – 11.05% p.a.
Bank Of Baroda8.40% – 10.65% p.a.8.40% – 10.65% p.a.8.40% – 10.90% p.a.
Bajaj Housing Finance8.50% p.a. onwards8.50% p.a. onwards8.50% p.a. onwards
Axis Bank8.75%-10.30% p.a.8.75%-10.30% p.a.8.75%-10.30% p.a.
Bank of India8.40% p.a onwards8.40% p.a onwards8.40% p.a onwards
TATA Capital8.75% p.a. onwards8.75% p.a. onwards8.75% p.a. onwards
The interest rates, maximum tenures, and other charges are subject to change, and it’s advisable to check with our experts for the most current information.

Repco Home Finance Home Loan Processing Fees

Repco Home Finance takes processing fees to cover the cost of reviewing your documents and assessing your loan application. 

CategoryProcessing Fees
For Individuals1% of Loan amount
Min. ₹1,500 to Max. ₹20,000
Switchover charges from
floating rate to fixed rate
of interest
₹3000/-
Penal Charges24% p.a + applicable GST

Repco Home Finance: Top Home Loan Schemes

Repco Home Finance provides a variety of home loan schemes tailored to meet different needs. These include Home Loans for property purchases, Top-Up Loans for additional financial needs, loans for NRIs and HNIs, Overdraft (OD) Loans for flexible funding, and loans for Home Renovation or Extensions. 

Repco Home Finance Dream Home Loan

The Repco Home Finance Star Home Loan provides flexible financing and dedicated support to help homebuyers achieve their dream. With competitive interest rates, minimal paperwork, and personalized assistance, it ensures a smooth journey from application to ownership. You can benefit from tailored repayment options and ongoing guidance.

Highlights

Tenure25 years
Rate of Interest10.10% p.a. onwards
Moratorium Period36 Months
Note: A moratorium period is a temporary pause that allows you to skip loan repayments for a set time.

Eligibility Criteria

Age18 years – 70 years
NationalityIndian/ NRI/ PIO
ProfessionIndividuals: Salaried/ Self EmployedNon Individuals: Association of Individuals/ HUF/ Corporates
Note: Trust is not eligible under the scheme.

Must Read: Find Out How Much You Can Save with a Home Loan Overdraft

Repco Home Finance Home Makeover Loan

Repco Home Finance Home Makeover Loan is designed to help homeowners renovate, remodel, or upgrade their existing homes with ease. Offering flexible repayment options and competitive interest rates, this loan covers expenses for repairs, painting, flooring, and other home improvements. Ideal for those looking to enhance their living space without financial strain.

Highlights

Tenure10 years
Rate of Interest11.10% p.a. onwards
Loan AmountUpto 70% of estimated repairs
Note: A moratorium period is a temporary pause that allows you to skip loan repayments for a set time.

Eligibility Criteria

Age18 years – 70 years
NationalityIndian/ NRI/ PIO
ProfessionIndividuals: Salaried/ Self EmployedNon Individuals: Association of Individuals/ HUF/ Corporates
Note: Trust is not eligible under the scheme.

Repco Home Finance Plot Loan

Repco Home Finance Plot Loan provides financial assistance for purchasing residential plots, making it easier to build your dream home. With attractive interest rates and flexible repayment options, this loan is ideal for individuals planning future home construction. Get hassle-free funding to secure the perfect plot for your needs.

Highlights

Tenure10 years
Rate of Interest10.60.% p.a. onwards
Maximum Loan AmountUpto 75% of the cost of the plot
Note: A moratorium period is a temporary pause that allows you to skip loan repayments for a set time.

Eligibility Criteria

Age18 years – 70 years
NationalityIndian/ NRI/ PIO
ProfessionIndividuals: Salaried/ Self EmployedNon Individuals: Association of Individuals/ HUF/ Corporates
Note: Trust is not eligible under the scheme.

Read More: What is a Home Loan Moratorium?

Repco Home Finance NRI Housing Loan

Repco Home Finance NRI Housing Loan is tailored for Non-Resident Indians (NRIs) looking to buy, build, or renovate a home in India. With competitive interest rates and flexible repayment options, this loan helps NRIs invest in their dream home hassle-free. Enjoy seamless financing with a trusted housing loan provider.

Highlights

Tenure15 years
Rate of Interest10.10% p.a. onwards
Maximum Loan AmountUpto 80% of the property value
Note: A moratorium period is a temporary pause that allows you to skip loan repayments for a set time.

Eligibility Criteria

Age18 years – 70 years
NationalityIndian/ NRI/ PIO
ProfessionIndividuals: Salaried/ Self EmployedNon Individuals: Association of Individuals/ HUF/ Corporates

Repco Home Finance Commercial Real Estate (CRE) Loan

Repco Home Finance Commercial Real Estate (CRE) Loan provides financial support for purchasing, constructing, or renovating commercial properties. With attractive interest rates and flexible repayment terms, this loan is ideal for businesses and investors looking to expand their real estate portfolio. Secure hassle-free funding for your commercial property needs.

Highlights

Tenure15 years
Rate of Interest10.60% p.a. onwards
Maximum Loan AmountUpto 85% of the property value
Note: A moratorium period is a temporary pause that allows you to skip loan repayments for a set time.

Eligibility Criteria

Age18 years – 70 years
NationalityIndian/ NRI/ PIO
ProfessionIndividuals: Salaried/ Self EmployedNon Individuals: Association of Individuals/ HUF/ Corporates

Repco Home Finance Home Loan EMI Calculator

EMI is a fixed monthly amount that you are required to pay to the bank until your home loan is fully repaid. 

Calculate your home loan EMI and estimate your monthly repayments. You can adjust loan amounts and tenures, and make well-informed decisions before committing to the bank.

How to Calculate Repco Home Finance Home Loan EMI?

Home loan EMI is calculated using a mathematical equation:

EMI = [P*r*(1+r)^n]/ [(1+r)^n -1]

Where:
P = Principal (loan amount borrowed)
r = Interest rate 
n = Total number of monthly installments (loan tenure in years*12)

Example: Case Study | Home Loan EMI 20 vs 30 Years

Aman, a young professional living in Mumbai, has just found his dream home – a spacious 3BHK apartment near his workplace. He decides to take a home loan from the Repco Home Finance to finance the purchase. 

Before signing the loan agreement, Aman wants a clear picture of how much he’ll need to pay every month. To figure this out, he calculates his EMI using the loan’s details.

Home Loan Amount: ₹50,00,000 (₹50 lakh)
Rate of Interest: 8.35% p.a.

But, he is considering two options:

  1. A 20-Year Loan (240 months)
  2. A 30-Year Loan (360 months)

Longer Tenure = Lower EMI = Higher Interest Payments

Let’s apply the EMI formula to both scenarios:

Home Loan AmountInterest RateTenureEMIInterest PaymentTotal Payment
Scenario 1₹50,00,000 8.35% p.a.20 years₹42,918₹53,00,236₹ 1,03,00,236
Scenario 2₹50,00,000 8.35% p.a.30 years₹37,915₹86,49,548₹ 1,36,49,548

Which Option Is Better and Why?

If Your Goal Is Long-Term Savings: Opt for the 20-year loan. 

  • Although the monthly EMI is higher, your total interest outflow is much lower. 
  • Over time, you save more than ₹33 lakh in interest compared to the 30-year option. 

If Your Goal Is Immediate Affordability: Choose the 30-year loan. 

  • However, this comes at a significant long-term cost, as you’ll end up paying much more in total interest over the life of the loan.
  • You’ll pay a lower EMI each month, easing short-term financial burden. 

Repco Home Finance Home Loan Eligibility Criteria

Before applying for a home loan, it’s essential to understand the eligibility criteria. Here’s the essential eligibility checklist set by Repco Home Finance:

CriteriaRequirements
Age18 years – 70 years
NationalityIndian/ NRI/ PIO
ProfessionIndividuals: Salaried/ Self Employed
Non Individuals: Association of Individuals/ HUF/ Corporates
Note: Trust is not eligible under the scheme.

Documents Required For Repco Home Finance Home Loans

When applying for a home loan with the Repco Home Finance, you will need to provide specific documents that verify your identity, income, and property details. Below is a detailed list:

General Documents

CategoryDocuments Required
Proof of IdentityPAN Card/ Driver’s License / Voter ID / Passport / Aadhar Card
Proof of AddressDriver’s License / Ration Card / Voter ID / Passport / Aadhar Card / Registered Rent Agreement

Proof of Income

SalariedSelf Employed
Last 6 months’ Salary SlipsLast 3 Years ITR with Computation of Income
1 Year ITR/Form 16Profit & Loss Account
6 months bank account statement (salary account or individual account).Balance Sheet
Capital Account Statement
Bank account statement for the last 12 months (for individual or business).
Business proof 

NRI/ PIO

CategoryDocuments
Passport & VisaPassport with VISA printed on it
Work AuthorizationWork Permit
Identity ProofCopy of PAN, ID card issued by employer
Proof of Address Proof of address in India
Proof of address in the foreign country
Proof of address from employer with contact details
Income ProofLatest salary slip in original
Annual income tax return filed as per applicable rules for the last 2 years

Repco Home Finance Home Loan Tenure

Home loan tenure refers to the duration over which the borrower agrees to repay the loan amount along with interest. Repco Home Finance offers flexible tenure options to accommodate varying financial situations and preferences. Here’s an overview:

  • Minimum Tenure: 5 years
  • Maximum Tenure: 30 years

Read More: How to Reduce Your Home Loan Tenure?

Impact of Home Loan Tenure on EMIs

  • EMI: Longer tenure results in lower monthly EMIs; shorter tenure leads to higher EMIs.
  • Interest Payments: Extended tenure increases the total interest, while a reduced tenure decreases it.
  • Budget: Longer tenure eases monthly budget strain, whereas shorter tenure requires higher income stability
  • Cash Flow: Longer tenure frees up cash for other investments, while shorter tenure ties up more funds in EMIs.

How to Choose the Best Repco Home Finance Home Loan Tenure?

  • Assess income, expenses, and job security for consistent repayments.
  • Opt for shorter tenures to reduce overall interest costs.
  • Choose EMIs that fit comfortably within your budget.
  • Calculate total interest to minimize long-term costs.
  • Check for prepayment options without heavy penalties.
  • Align tenure with long-term financial goals.
  • Plan to settle the loan before retirement.
  • Factor in potential salary growth for shorter tenures.
  • Balance EMI affordability with loan tenure.

How To Apply For a Home Loan From Repco Home Finance?

  1. Check Eligibility Criteria: Verify age, income, credit score, and employment status.
  2. Calculate Loan Amount and EMI: Use Repco Home Finance’s online calculator to determine affordable loan amounts and monthly installments.
  3. Gather Required Documents: Collect identity proof, address proof, income statements, and property-related documents.
  4. Choose Application Method: Apply online through Repco Home Finance’s website or visit a nearby branch in person.
  5. Submit the Application: Complete the application form accurately and attach all necessary documents.
  6. Loan Processing and Verification: The bank reviews your application, verifies documents, and conducts a credit appraisal.
  7. Property Valuation and Legal Checks: Repco Home Finance assesses the property’s market value and performs legal due diligence.
  8. Receive Approval and Sanction Letter: Upon successful verification, you receive a loan approval and sanction letter detailing terms.
  9. Sign the Agreement: Review and sign the loan agreement, agreeing to the specified terms and conditions.
  10. Disbursement of Funds: The approved loan amount is transferred to your account or directly to the property seller.
  11. Complete Post-Disbursement Formalities: Finalize any remaining documentation and set up repayment methods for EMIs.

Read More: Home Loans in Bangalore

Repco Home Finance Home Loan: Minimum and Maximum Loan Amount

Repco Home Finance offers home loans that cater to various financial situations. From first-time buyers needing a smaller loan to those looking to invest in premium real estate, knowing the minimum and maximum amounts available can simplify your search. 

Home Loan TypesMaximum and Minimum Loan Amount
Dream Home Loan85% of the property value
Home Loan Makeover70% of the property value
Plot Loan75% of the property value
NRI Housing Loan85% of the property value
CRE Loan85% of the property value

Repco Home Finance Customer Care Contact Details

To facilitate effective communication with customers, Repco Home Finance offers various channels for support.

CategoryContact Information
Customer Care Number+919444394918
Registered officeRepco Tower, No. 33, North Usman Road, T. Nagar, Chennai – 600 017
Email IDco@repcohome.com
Branch Locaterhttps://www.repcohome.com/contact.php

Repco Home Finance Home Loan Centers Near You

Finding the right support when applying for a home loan is crucial to making your homeownership dreams a reality. Repco Home Finance has multiple home loan centers nationwide to provide you with convenient access to expert advice and personalized services. 

Check out the nearest Repco Home Finance branch using our branch locator tool.


Repco Home Finance Home Loan Approval and Disbursal 

Repco Home Finance is committed to processing home loan applications with utmost efficiency. Typically, the entire approval process is completed within 15 to 30 working days from the date of application submission. 

However, this timeline may vary based on several key factors:

  • Completeness of documents
  • Property type and location
  • Applicant’s financial profile and credit score

Repco Home Finance Home Loan Disbursement Process

BOI ensures a compliant and efficient home loan disbursement through a three-stage process: Application, Sanction, and Disbursement.

1. Application for Home Loan

Applicants are required to complete the home loan application form, providing necessary personal, income, and property documents and details.

2. Home Loan Sanction

Upon submission, BOI reviews the application and documents. Legal and technical experts assess the property’s compliance and condition.

3. Home Loan Disbursement

After receiving the sanction letter, the borrower is required to complete the down payment and submit final property documents for loan disbursement.

Types of Disbursement

  • Full Disbursement: Entire loan amount released if the property is fully constructed
  • Partial Disbursement: Loan disbursed in stages based on construction progress for under-construction properties

How to Maximize the Chances of Repco Home Finance Home Loan Approval?

  • Maintain a high credit score
  • Showcase strong financial stability
  • Reduce existing debt obligations
  • Provide complete and accurate documentation
  • Pay sufficient down payment
  • Choose property in approved locations
  • Maintain consistent employment history
  • Avoid multiple loan applications simultaneously
  • Submit clear and legal property documents
  • Ensure proper property valuation
  • Keep income tax returns up to date
  • Maintain low credit utilization ratio

Repco Home Finance Home Loan Insurance

Repco Home Finance offers home loan insurance to protect you and your family from unexpected events. This insurance is included in your home loan package and is considered as a home loan component.

Is Home Loan Insurance Mandatory?

Although not legally mandated, Repco Home Finance makes it mandatory for its customers to obtain a home loan insurance.

Benefits of Opting a Home Loan Insurance Premium

  • Financial Security: Ensures loan repayment during unforeseen events.
  • Comprehensive Protection: Covers critical illness, accidents, and death.
  • Joint Borrower Coverage: Protects both borrowers under one policy.
  • Reduced Financial Stress: Lessens financial burden on dependents.
  • Tax Benefits: Possible tax deductions on premium payments.
  • Peace of Mind: Guarantees loan liability coverage in emergencies.

Repco Home Finance Home Loan Tax Benefits

Home loans offer significant tax benefits under the Income Tax Act, 1961. These benefits apply to both the principal amount and interest paid, making home loans more cost-effective.

SectionDeduction TypeMaximum Deduction AmountConditions
80CPrincipal Repayment of Home Loan₹1.5 Lakh per annumThe house property must not be sold within five years of possession. 
80CPayment of Stamp Duty₹1.5 Lakh per annumThese expenses can only be claimed in the year they are incurred. 
24bInterest Payment on Home Loan₹2 Lakh per annumThe loan must be taken for purchasing or constructing a house.

If constructing a house, the construction must be completed within five years from the end of the financial year in which the loan was taken.

If the property is let out (rented), there is no cap on the interest deduction under Section 24(b).

This allows property owners renting out their property to claim full interest payments as a deduction.
Note: Section 80C also covers other investments like Public Provident Fund (PPF), Equity-Linked Savings Scheme (ELSS), and more, up to a combined total limit of ₹1.5 lakh.

1. Section 24B – Deduction on Home Loan Interest

What It Is:

  • Allows you to claim a deduction on the interest paid on your home loan.

Benefits:

  • Self-Occupied Property: Deduct up to ₹2 lakh per year on interest payments.
  • Rented Property: No upper limit on the interest amount you can claim.

Example

CategoryAmount
Loan AmountRs. 70,00,000
Interest Payable Per YearRs. 4 Lakhs
Tax Deduction Rs. 2 Lakhs/ Year
Tax Bracket30%
Tax Benefits per YearRs. 66,000

2. Section 80C – Deduction on Principal Repayment

What It Is:

  • Allows deduction on the principal portion of your home loan repayments, up to ₹1.5 lakh per year.

Benefits:

  • Reduces your taxable income by the principal amount repaid.
  • Also includes stamp duty and registration charges (one-time claim in the year incurred).

Example

CategoryAmount
Loan AmountRs. 75,00,000
Principal Payable Per YearRs. 3.5 Lakhs
Tax Deduction Rs. 1.5 Lakhs per Year
Tax Bracket30%
Tax Benefits per Year50,000

Total Tax Benefits (Section 24B + Section 80C = Rs. 1.16 Lakhs/ Year

3. Joint Home Loans – Double the Benefits

What It Is:

  • When two or more people take a joint home loan and are co-owners of the property.

Benefits:

  • Section 24B: Each co-borrower can claim up to ₹2 lakh on interest.
  • Section 80C: Each can claim up to ₹1.5 lakh on principal repayment.
  • Total Tax Savings: Potentially ₹1.05 lakh per person per year (at 30% tax rate).

Who is Eligible to be a Co-Applicant?

  • Father/ Mother
  • Unmarried Daughter
  • Siblings
  • Husband/ Wife
    (Minors cannot be considered as co-applicants for a Home Loan)

Example

CategoryCo Applicant 1Co Applicant 2
Tax Deduction under 24BRs. 2 Lakhs/ YearRs. 2 Lakhs/ Year
Tax Deduction under 80CRs. 1.5 Lakhs/ YearRs. 1.5 Lakhs/ Year
Tax Deductions/ YearRs. 3.5 Lakhs/ YearRs. 3.5 Lakhs/ Year
Tax Bracket30%30%
Tax BenefitsRs. 1.16 Lakhs/ YearRs. 1.16 Lakhs/ Year

When you opt for a co-applicant on your home loan, the savings can be substantial due to the ability to claim tax deductions separately. For example, with a co-applicant, the total tax savings can amount to ₹2.32 lakhs annually. Here’s how it works:

  • EMI Paid per Year: ₹60,000 x 12 = ₹7,20,000
  • Money Saved through Tax Deductions: ₹2,32,000
  • Net Money Paid after Deductions: ₹7,20,000 – ₹2,32,000 = ₹4.88 lakhs

By utilising this tax benefit, you effectively lower your financial outflow, paying only ₹4.88 lakhs per year instead of the full ₹7.20 lakhs. 

Read More: Stamp Duty and Registration Charges in Bihar


Why Should You Choose Repco Home Finance For Your Home Loan?

  • Benefit from the lowest home loan interest rates in the market, ensuring affordable repayments.
  • Option to adjust your EMI to match your financial situation, if you need lower initial payments.
  • Simplified paperwork for a swift approval process.
  • Transparent terms with no hidden charges.

How Credit Dharma Simplifies The Home Loan Journey? 

Buying a home is a big step. Getting a home loan can be hard, but we make it easy. At Credit Dharma, we make this possible by offering lowest guaranteed interest rates that keep your monthly payments manageable, allowing you to enjoy more of what truly matters.

But that is not it. We offer:

  • Guaranteed up to 100% funding
  • Receive lifetime assistance and expert guidance long after your loan is approved.
  • Enjoy a fully digital process with minimal paperwork 
  • Get your loan approved within just 1-2 weeks.

What are the current home loan interest rates at Repco Home finance?

Bank of India home loan interest rates typically start from 10.10% p.a. However, these rates can vary based on factors such as the loan amount, repayment tenure, the applicant’s credit history, and whether the interest rate is fixed or floating.

Is the Repco Home Finance a good option for getting a home loan?

Yes, Repco Home Finance is considered a reputable and reliable option for obtaining a home loan. As one of India’s largest public sector banks, BOI offers the lowest home loan interest rates with flexible repayment options, and transparent fees and charges.

What is the age limit for applying for a home loan with Repco Home Finance?

Repco Home Finance generally allows applicants between the ages of 18 and 70 years to apply for a home loan. Here’s a typical age-related guideline:
Minimum Age: 18 years at the time of loan disbursement.
Maximum Age: 70 years at the end of the loan tenure.

Which type of interest rate is better for a home loan at Repco Home Finance?

A fixed interest rate offers stable EMIs throughout the loan tenure, while a floating interest rate fluctuates based on market conditions, potentially lowering costs if rates drop. For Bank of India home loans, choose a fixed rate for certainty or floating for potential savings. Evaluate based on your risk tolerance.

Repco Home Finance Calculators
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IDBI Bank

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ICICI Bank

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AXIS Bank

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BAJAJ Housing Finance

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