Overview
Sammaan Capital
In today’s rapidly changing environment, achieving the dream of homeownership is a significant goal for many. Sammaan Capital, a well-established name in the financial sector, has been empowering individuals to reach this milestone with its tailored home loan solutions. Offering competitive interest rates, flexible repayment options, and a customer-centric approach, Sammaan Capital is your dependable partner in the journey to owning your dream home.
Rate of Interest
8.75% - 10.5%
Loan to Value
80% - 90%
Loan Tenure
Max 30 years
Max Loan Amount
Upto 5cr
| Rate of Interest | 8.75% - 10.5% |
| Loan Tenure | Max 30 years |
| Age | Salaried/ Self Employed : 18 - 75 years |
| Profession | Salaried/Self Employed |
| Income | Metro Cities : 20,000/Month & Above Other Cities : 15,000/Month & Above |
| Nationality | Resident Indian/ NRI |
| Max Loan Amount | Upto 5cr |
| Plot Purchase | |
| Independent Building | |
| Apartment | |
| Resale Property | |
| New Construction | |
| LTV | 80% - 90% |
| Home Loan | |
| Plot Cum Construction Loan | |
| Balance Transfer | |
| Overdraft Facility | |
| Top Up Facility | |
| Other Offerings | Home Extension Loan, Rural Home Loan, Home Loan For NRIs |
| Processing Fees | 0.50% onwards of loan amount |
| Other Charges | Late Payment Charges- 24% per annum of outstanding EMI |
| Overdraft Facilities | |
| Highlights | •Customized repayment solutions • All round assistance • No prepayment charges • Door step services • Minimal documentation |
*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.
| Loan Amount | ₹ 50,00,000 |
| Loan Tenure | 20 years |
| Rate of Interest | 8.75% - 10.5% |
| Monthly EMI | ₹ 44,185 - ₹ 49,918 |
Eligibility Criteria for Sammaan Capital Home Loan
| Criteria | Salaried | Self-employed |
|---|---|---|
| Age Range | 18 to 75 years | 18 to 75 years |
| Nationality | Indian/NRI/PIO | Indian/NRI/PIO |
| Maximum Age at Final Repayment | 75 years | 75 years |
Calculate your Sammaan Capital home loan eligibility and unlock exclusive offers for you!
Sammaan Capital Home Loan Interest Rates
Standard Home Loan Rates
| Salaried ROI | Self Employed ROI |
|---|---|
| 8.75% p.a onwards | 8.75% p.a onwards |
Get the best Home Loan interest rates tailored for you
If you’re looking to choose the right home loan perfectly made according to your needs, then book a call with our experts here.
Sammaan Capital Home Loan Processing Fee and Charges
Processing Charges
| Charge Type | Amount |
|---|---|
| Processing Fees | 0.50% onwards of loan amount |
| Collateral Evaluation Charges in Home Loan Non-APF | ₹3,000 |
| Late Payment Charges | 24% per annum of outstanding EMI |
| Foreclosure Charges | Rs.500 (Nil if requested once in quarter) |
| Penal Charges | In case of payment defaults – 24% (twenty four percent) per annum on outstanding of EMI/ Pre-EMI. |
Sammaan Capital Home Loan Documents
Identity Documents
| Document Name | Salaried | Self Employed |
|---|---|---|
| PAN | ✔ | ✔ |
| Voter ID | ✔ | ✔ |
| Passport | ✔ | ✔ |
| Driving Licence | ✔ | ✔ |
| Aadhar Card | ✔ | ✔ |
Proof Of Income
| Document Name | Salaried | Self Employed |
|---|---|---|
| Form 16/ITR | ✔ | ✔ |
| Bank Statement | ✔ | ✔ |
| Form 26AS | ✔ | ✖ |
| 2 years IT return with computation | ✖ | ✔ |
| Profit and loss of last 2 years | ✖ | ✔ |
| Balance sheet of last 2 years | ✖ | ✔ |
Sammaan Capital Home Loan Schemes and Top Plans
Comparison
| Feature | Standard Home Loan | Loan Against Property | Home Extension Loan | Home Renovation Loan | Rural Home Loan | Home Loan Balance Transfer | NRI Home Loan |
|---|---|---|---|---|---|---|---|
| Minimum Loan Amount | — | — | — | — | — | — | — |
| Maximum Loan Amount | — | — | — | — | — | — | — |
| Interest Rate | 8.75% p.a onwards | 9.75%* Onwards | — | — | 8.75%* Onwards | — | — |
| Tenure | up to 30 years | — | 15 years | — | Upto 30 years | Upto 15 years | — |
| Eligible Applicants | salaried or self-employed | Small and mid-sized businesses Self-employed professionals Partnership firms Private or closely held companies | salaried or self-employed | salaried or self-employed | salaried or self-employed | salaried or self-employed | An Indian Citizen holding a Valid Indian Passport, residing and working abroad can apply for Home Loans for NRIs. |
Details
Standard Home Loan
- Interest Rate: 8.75% p.a onwards
- Tenure: up to 30 years
- Eligible Applicants: Salaried or self-employed
Loan Against Property
- Interest Rate: 9.75%* Onwards
- Eligible Applicants: Small and mid-sized businesses, Self-employed professionals, Partnership firms, Private or closely held companies
Home Extension Loan
- Tenure: 15 years
- Eligible Applicants: Salaried or self-employed
Home Renovation Loan
- Eligible Applicants: Salaried or self-employed
Rural Home Loan
- Interest Rate: 8.75%* Onwards
- Tenure: Up to 30 years
- Eligible Applicants: Salaried or self-employed
Home Loan Balance Transfer
- Tenure: Up to 15 years
- Eligible Applicants: Salaried or self-employed
NRI Home Loan
- Eligible Applicants: An Indian Citizen holding Valid Indian Passport, residing and working abroad can apply for Home Loans for NRIs.
How to Apply
Applying for an Sammaan Capital home loan is a straightforward process:
- Check Eligibility: Verify that you meet the eligibility criteria for your selected loan product.
- Collect Documents: Gather all the required documents.
- Visit a Local Branch: Visit your nearest Sammaan Capital branch and fill out the application form.
- Submit Documents: Submit your application along with the required documents.
- Application Review: The bank will review your application and documents.
- Loan Approval: Upon approval, your loan will be sanctioned, and you can start your homeownership journey.
Do not want to get into this hassle? Get Saamaan Capital Bank’s best rates in a single call.
Comparison
For detailed comparison between top banks you can visit our compare banks page.
| Bank | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh |
|---|---|---|---|
| SBI Bank | 8.50% p.a. onwards | 8.5% p.a. onwards | 8.50% p.a. onwards |
| HDFC Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
| LIC Bank | 8.50% – 10.35% p.a. | 8.50% – 10.55% p.a. | 8.50% – 10.75% p.a. |
| ICICI Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
| Kotak Mahindra Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
| Punjab National Bank | 8.50% – 11.05% p.a. | 8.50% – 11.05% p.a. | 8.50% – 11.05% p.a. |
| Bank Of Baroda | 8.40% – 10.65% p.a. | 8.40% – 10.65% p.a. | 8.40% – 10.90% p.a. |
| Bajaj Housing Finance | 8.50% p.a. onwards | 8.50% p.a. onwards | 8.50% p.a. onwards |
| Axis Bank | 8.75%-10.30% p.a. | 8.75%-10.30% p.a. | 8.75%-10.30% p.a. |
| Bank of India | 8.40% p.a onwards | 8.40% p.a onwards | 8.40% p.a onwards |
| TATA Capital | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
Frequently Asked Questions
The credit rating of Sammaan Capital varies based on the rating agency and the latest assessment. Please check the most recent reports from agencies like CRISIL or ICRA for accurate ratings.
Sammaan Capital was formerly known as Indiabulls Finiance Ltd.
Indiabulls Housing Finance Limited (IBHFL) has changed its name to Sammaan Capital.
The minimum amount for a home loan varies by lender, but typically, it starts from ₹2 lakh. It’s advisable to check with specific banks for their minimum loan amount requirements.