Planning to buy your dream home? Use our easy-to-use calculator to instantly check how much home loan you’re eligible for.
Truhome Finance (Shriram Housing Finance) offers competitive interest rates starting from 8.50% p.a., flexible repayment options, and quick loan processing to help make your homeownership dreams come true.
Get exclusive Home Loan offers from Shriram Housing Finance
Shriram Housing Finance Home Loan Eligibility Criteria
| Criteria | Details |
|---|---|
| Age | Upto 70 years |
| Employment Type | Salaried, Self-Employed (Professionals and Non-Professionals) |
| Nationality | Indian/NRI |
Calculate your ideal home loan eligibility and get your dream home faster!
Truhome Finance (Shriram Housing Finance) Home Loan Highlights
Truhome Finance home loan offers flexible terms, competitive interest rates, and high loan amounts, making it an ideal choice for aspiring homeowners.
| Category | Highlights |
|---|---|
| Interest Rate | 8.50% p.a. onwards |
| Loan Amount | Rs. 7.5 Lakhs – Rs. 1 Crores |
| Loan Tenure | 25 Years |
| Processing Charges | Upto 1.5% of the Loan Amount |
Check Out: Truhome Finance Home Loan EMI Calculator
Benefits of Using Truhome Finance Home Loan Eligibility Calculator
- Instantly determines your loan eligibility
- Access the calculator online anytime for free
- Get a clear understanding of your borrowing capacity
- Helps in aligning your home search with your budget
- Use your eligibility estimate to negotiate better terms and conditions
Check Out: Truhome Finance Home Loan EMI Calculator
How to Improve My Eligibility For Truhome Finance Home Loan?
To improve your eligibility for an Truhome home loan, take these key steps to qualify for a higher loan amount with better terms.
| Factor | How to Improve Eligibility |
|---|---|
| Credit Score | Maintain a score of 750+ by clearing dues on time and reducing debt. |
| Employment Stability | Stay employed with a stable job or business for at least 2 years. |
| Debt-to-Income Ratio | Reduce existing debts or liabilities to lower your DTI ratio. |
| Loan Tenure | Opt for a longer tenure to lower monthly EMI and improve eligibility. |
| Co-applicant | Add a co-applicant with a steady income to boost eligibility. |
| Property Value | Choose a property with a higher market value to increase loan eligibility. |
| Additional Savings | Having significant savings or assets can demonstrate financial stability. |
| Avoid Unnecessary Loans | Refrain from taking new loans during the application process. |
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Truhome Finance (Shriram Housing) Home Loan Interest Rates
Truhome Finance provides home loans with interest rates that reflect current market conditions and are influenced by factors like your CIBIL score. You can choose a fixed rate or a floating rate, according to your financial situation.
| Criteria | Rate of Interest |
|---|---|
| Interest Rate | 8.50% p.a. onwards |
Check Out: Truhome Finance Home Loan Interest Rates -2025
Documents Required For Truhome Finance Home Loans
When applying for a home loan with the Truhome Finance, you will need to provide specific documents that verify your identity, income, and property details. Below is a detailed list:
General Document
| Category | Documents Required |
|---|---|
| Proof of Identity | PAN Card/ Driver’s License / Voter ID / Passport / Aadhar Card |
| Proof of Address | Driver’s License / Ration Card / Voter ID / Passport / Aadhar Card / Registered Rent Agreement |
Proof of Income
| Salaried | Self Employed |
|---|---|
| salary slips of last 3 months | Income Proof for business and ITR |
| 1 Year ITR/Form 16 | Profit & Loss Account |
| 6 months bank account statement (salary account or individual account). | Bank account statement for the last 12 months (for individual or business). |
Truhome Finance Home Loan Customer Care
| Contact Method | Details |
|---|---|
| Email ID | contact@truhomefinance.in |
| Toll-Free Number | 1800-102-4345 |
| Official Address | Registered Office Srinivasa Tower, 1st Floor, Door No. 5, Old No.11, 2nd Lane, Cenatoph Road, Alwarpet, Teynampet, Chennai – 600018, Tamil Nadu |
| Website | Truhome Finance |
Home Loan Interest Rates by Top Banks
| Bank | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh |
|---|---|---|---|
| SBI Bank | 8.00% p.a. onwards | 8.00% p.a. onwards | 8.00% 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% onwards | 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 |
Home Loan Processing Fees by Top Banks
| Bank | Home Loan Processing Fee |
|---|---|
| SBI (State Bank of India) | 0.35% of the loan amount (min ₹2,000, max ₹10,000) + GST |
| HDFC Bank | Upto 0.50% of the loan amount or Rs. 3300/- whichever is higher |
| ICICI Bank | 0.50% of the loan amount (min ₹3,000, max ₹5,000) + GST |
| Axis Bank | 1% of the loan amount or ₹10,000 (whichever is lower) |
| Kotak Mahindra Bank | 0.5% – 1.00% of the loan amount |
| Bajaj Housing Finance | Up to 4% of the loan amount |
Conclusion
Checking your Truhome Finance home loan eligibility is a crucial step in securing a home loan. Also, by understanding the eligibility criteria and using the tools provided by Shriram Housing Finance, you can ensure a smooth application process and improve your chances of approval. If you need assistance, Shriram Housing Finance offers a facility of a pre-approved home loan even before you have identified your dream home. For any queries, feel free to contact our team of experts.
Frequently Asked Questions
Truhome Finance Limited offers home loans with interest rates starting at 8.50% per annum.
Shriram Housing Finance has been rebranded as Truhome Finance.
As Shriram Housing Finance is now known as Truhome Finance, the current home loan interest rates start at 8.50% per annum.
Shriram Housing Finance has been rebranded as Truhome Finance.
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