About Home Loans
To make the dream of homeownership a reality for everyone. We understand that many of you and your families have limited access to housing finance options, which is why we are here to bridge that gap. Our affordable housing loans are designed to cater to the needs of those who may not have access of financial assistance from conventional lenders. We offer flexible terms and competitive interest rates to ensure that owning a home is within reach for everyone. Whether you’re a first-time homebuyer or looking to upgrade to a better place, IKFHFL is here to support you every step of the way.
Ujjawal MSME loans
IKFHFL is proud to introduce ‘Ujjwal MSME Loans’ exclusively for women entrepreneurs, offering reduced interest rates and minimal documentation fees. These loans are tailored to ease the financial journey of women in business, supporting various needs such as working capital, shop renovation, business expansion, and even debt consolidation related to their enterprises. Whether it’s securing supplier advance payments or other business essentials, ‘Ujjwal MSME Loans’ provide the financial freedom women entrepreneurs need to flourish. At IKFHFL, we’re dedicated to breaking down financial barriers, enabling women entrepreneurs to focus on building successful and thriving businesses. With these specialized loans, we aim to drive economic empowerment and create a brighter future for women in the business world.
- Salaried or self-employed with minimal proof of income or
- Self-employed with no minimal proof of income
Rs. 10 lakh to 1 cr
Equated Monthly Installments (EMI) comprising of principal and interest through Post Dated Cheques/ Electronic Clearance System.
3 to 20 years
Interest Rate (%): 11.75 to 14.75
Loan to Estimated cost of Construction: Up to 80%
Loan Amount
Loan Tenure
Rate of Interest
Documentation Fee
Maximum Loan
- Kindly note that the specifics mentioned may be subject to change based on the borrower's risk assessment, and loan approval is solely at the discretion of IKFHFL.
IKFHFL's focus on women entrepreneurs reflects its commitment to fostering entrepreneurship among women, contributing to economic growth. 'Ujjwal MSME Loans' align with efforts to promote gender equality and women's participation in economic activities.
IKFHFL understands the unique challenges faced by women entrepreneurs and offers customized loan solutions to address their specific requirements lie working capital support, helping businesses maintain day-to-day operations and grow sustainably.
We pride ourselves on offering loans with lightning-fast processing times, thanks to our cutting-edge digital technology. With us, you can access the funds you need quickly and conveniently, making your financial goals a reality in no time
We understand that financial situations can change, and that's why we offer the flexibility of part-payments during the middle of your loan tenure. Our commitment to your financial well-being means you can make additional payments towards your loan when it suits you, helping you reduce your interest burden and pay off your loan faster. With IKFHFL, you have the freedom to manage your loan on your terms.
We are delighted to offer loans without the requirement for income tax returns. We understand that not everyone may have tax returns readily available, and our goal is to provide accessible financial solutions to a wider range of individuals. With IKFHFL, you can secure the loan you need, hassle-free
Timely repayment of the loan can contribute positively to the borrower's credit score, enhancing their financial profile
Home Loans Eligibility
SHFL offers loans to a variety of individuals & Non-Individual. Home loan eligibility is determined by various factors such as income, employment status, tenure and so on. Our aim is to provide affordable housing loans to as many individuals and families as possible.
- You should be between the ages of 24 to 70 (at the time of completion of your home loan).
- You should be a salaried individual, a self-employed Professional/Non-Professional or Non-Individual Entities.
For salaried individuals, home loan eligibility criteria is as follows –
A minimum of two years of work experience is a must
IDENTITY & AGE PROOF (Self attested copy of any one of the following)
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Valid Passport
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PAN Card
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Voters ID Card
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Identity Card (only government & PSU employees)
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Aadhar Card (UID)
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Valid Driving License
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Birth Certificate
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SSC certificate
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ADDRESS PROOF (Self attested copy of any one of the following)
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OVD (Officially Valid Documents)
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Copy of Aadhaar/Virtual Aadhar ID Card
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Voter ID Card
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Driving License** which has not expired
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Passport, the validity of which has not expired
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Job Card issued by NREGA & duly signed by an officer of the state Government.
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Letter issued by the National Population Register containing details of name and address.
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Note: If submits a Deemed Officially Valid Document (DOVD) to IKFHFL, serving as limited current address proof, they must provide updated Officially Valid Documents (OVD) within 2 months from the disbursement date of the first tranche of IKF Home Finance Limited loan.
Income & Experience Documents
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A minimum of 3 years of working experience is must
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Latest 3 Months Salary slips / Salary Certificate
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Latest Form 16 / Experience Letter
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Appointment Letter & Previous relieving letters
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6 Months Bank Statement
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For self employed individuals, home loan eligibility criteria is as follows –
A minimum of three years of work experience is a must
IDENTITY & AGE PROOF (Self attested copy of any one of the following)
|
Valid Passport
|
PAN Card
|
Voters ID Card
|
|
Identity Card (only government & PSU employees)
|
Aadhar Card (UID)
|
Valid Driving License
|
|
Birth Certificate
|
SSC certificate
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ADDRESS PROOF (Self attested copy of any one of the following)
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OVD (Officially Valid Documents)
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Copy of Aadhaar/Virtual Aadhar ID Card
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Voter ID Card
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Driving License** which has not expired
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Passport, the validity of which has not expired
|
|
|
Job Card issued by NREGA & duly signed by an officer of the state Government.
|
||
|
Letter issued by the National Population Register containing details of name and address.
|
||
Note: If submits a Deemed Officially Valid Document (DOVD) to IKFHFL, serving as limited current address proof, they must provide updated Officially Valid Documents (OVD) within 2 months from the disbursement date of the first tranche of IKF Home Finance Limited loan.
Income & Experience Documents
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Minimum 5 years in similar / current business and place
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Latest valid registration proof to be documented
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Income tax Return (for last 2 years
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GST Returns (12 Months) / Bill Book / Purchase Receipts
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Any document for validating borrower’s business turnover
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All Bank Statements evidencing income flow
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