Sammaan Capital understands that owning property fulfills two key aspirations: securing a dream home and building a solid investment. With Sammaan Capital home loan interest rates ranging from 8.75% to 15.00% p.a. and financing up to 90% of your property’s cost, Sammaan Capital offers a seamless, affordable path to homeownership.
Whether you’re a first-time buyer or an investor, competitive rates and flexible terms make your journey stress-free and rewarding.
Sammaan Capital Home Loan Interest Rates by Employment
Sammaan Capital adjusts home loan interest rates based on whether you’re salaried, self-employed, or have a professional practice. Below is a quick look at how your employment type can influence your rate.
Sammaan Capital Home Loan Interest Rates for Salaried Employees
| Home Loan Type | Home Loan Interest Rates |
|---|---|
| Home Loan For Salaried | 8.75% p.a onwards |
Sammaan Capital Home Loan Interest Rates for Self Employed
| Home Loan Type | Home Loan Interest Rates |
|---|---|
| Home Loan For Self Employed | 8.75% p.a onwards |
Sammaan Capital All Schemes Home Loan Interest Rates
Sammaan Capital offers multiple home loan schemes, each with its own interest rate structure and features. Here’s an overview of the current rates for various Sammaan Capital schemes.
| Home Loan Type | Home Loan Interest Rates |
|---|---|
| Sammaan Capital New Home Loan | 8.75% p.a. – 15.00% p.a. |
| Sammaan Capital Loan Against Property | 9.75% p.a. – 17.00% p.a. |
| Sammaan Capital Home Loan Balance Transfer | 8.75% p.a. – 15.00% p.a. |
All Schemes Offered by Sammaan Capital: A Detailed Overview
Sammaan Capital has a range of home loan schemes catering to diverse needs, from new home loans to home loans for renovation schemes. Read on to find the best fit for your housing requirements.
Sammaan Capital New Home Loan Interest Rates
- Sammaan Capital offers home loans with competitive interest rates for an easy financing experience.
- Offers a variety of options such as purchase of a plot, Home Extension Loan, home construction, or repair/renovation.
- Women applicants can benefit from concessional interest rates on home loan.
- Enables tax savings under Sections 24 & 80C for eligible borrowers.
| Features | Details |
|---|---|
| Interest rate | 8.75% p.a. – 15.00% p.a. |
| Loan tenure | Up to 15 years |
| Processing fees | 0.50% onwards of loan amount |
| Eligibility | 21 years – 65 years |
Sammaan Capital Home Extension Loan Interest Rates
| Features | Details |
|---|---|
| Loan tenure | Up to 15 years |
| Processing fees | 0.50% onwards of loan amount |
Sammaan Capital Rural Home Loan Interest Rates
| Features | Details |
|---|---|
| Processing fees | 0.50% onwards of loan amount |
Also Read: Benefits of Rural Home Loan
Sammaan Capital Home Loan for NRIs Interest Rates
- Sammaan Capital provides exclusive home loan solutions for NRIs aspiring to own property in India.
- Virtual guidance available to assist NRIs throughout the loan process.
- An Indian citizen holding a valid passport, currently residing and employed abroad, is eligible to apply.
| Features | Details |
|---|---|
| Loan tenure | Up to 15 years |
| Processing fees | 0.50% onwards of loan amount |
Sammaan Capital Loan Against Property Interest Rates
| Features | Details |
|---|---|
| Interest rate | 9.75% p.a. to 17.00% p.a. |
| Loan tenure | Up to 15 years |
| Processing fees | 1.25% onwards + applicable taxes |
Also Read: Documents Required for Loan Against Property
Sammaan Capital Home Loan for Renovation Interest Rates
| Features | Details |
|---|---|
| Loan tenure | Up to 15 years |
| Processing fees | 0.50% onwards of loan amount |
Sammaan Capital Home Loan Balance Transfer Interest Rates
- Sammaan Capital offers a seamless balance transfer for better home loan management.
- Individual or joint applications allowed, with property owners as applicants/co-applicants.
| Features | Details |
|---|---|
| Interest rate | 8.75% p.a. Onwards |
| Loan tenure | Up to 30 years |
| Processing fees | 0.50% onwards of loan amount |
| Transaction handling charges | Rs. 1,500 + applicable taxes |
How to Get Lowest and Best Sammaan Capital Home Loan Interest Rates?
- Aim for a 750+ Credit Score to secure preferential rates.
- Select the Right Sammaan Capital Scheme that matches personal requirements for cost efficiency.
- Leverage Special Concessions offered to government employees, women borrowers, and defense personnel.
- Use the Check-Off Facility for direct salary deductions, which may lower interest rates.
- Make a Higher Down Payment to reduce the principal and potentially get better terms.
- Watch Out for Festive Offers or promotional discounts from Sammaan Capital.
- Keep Income Documents Updated for quicker approvals and more favorable rates.
- Maintain Steady Employment to boost financial credibility and rate eligibility.
- Build a Strong Relationship with Sammaan Capital for possible preferential pricing.
- Always Negotiate to explore discounts on interest rates or processing fees.
Also Read: How to Increase CIBIL Score
Types of Home Loan Interest Rates
| Interest Rate Type | Definition | Pros | Cons |
|---|---|---|---|
| Fixed | Rate remains constant throughout a predetermined period or entire tenure. | – Predictable EMIs for budgeting- Protection against rising interest rates | – Typically, higher rates compared to floating- No benefit if market rates go down |
| Floating (Variable) | Linked to market benchmarks (e.g., Repo Rate, MCLR) and changes over time | – Often cheaper when rates fall- Can partly or fully prepay with lower penalties | – EMIs fluctuate with market conditions- Costs may rise if rates increase |
| Hybrid | Combination of fixed and floating phases. | – Stability in the initial fixed period- Potential cost savings in the variable phase | – Transition from fixed to floating can carry uncertainties- May incur a shift-related fee |
How to Switch Your Sammaan Capital Home Loan from Fixed to Floating Rate?
Sammaan Capital allows you to switch from fixed to floating by following the below mentioned steps.
- Visit your Sammaan Capital branch or contact your relationship manager.
- Complete the necessary forms or applications for the switch.
- Once approved, sign a supplemental agreement reflecting the new floating-rate terms.
- Pay the applicable conversion charge (if any) and any other administrative costs.
- Verify updated EMIs, as floating rates can fluctuate with market conditions.
Secure the Lowest Sammaan Capital Home Loan Interest Rates with Credit Dharma
Buying a home is a big step. Getting a home loan can be hard, but we make it easy. Choosing Credit Dharma for your home loan simplifies this process. We offer expert advice and personalized assistance to make everything hassle-free. You’ll receive timely updates on your loan application and disbursement progress.
From the initial application to the final disbursement, we provide comprehensive support. Enjoy clear and honest communication at every stage, with no hidden surprises.
Frequently Asked Questions
Sammaan Capital Home Loan Interest Rates start from 8.75% to 15.00% p.a., based on eligibility.
The loan processing fee varies based on the loan amount and applicant profile. Contact Sammaan Capital for details.
A spouse, parent, sibling, or child can be a co-applicant. All property owners must also be co-applicants.
Yes, Sammaan Capital provides concessional interest rates for women home loan applicants.
Yes, you can extend your loan tenure to lower EMI, subject to Sammaan Capital’s policy and eligibility.
HDFC Home Loan
SBI Home Loan
