Tailored Home Loan Solutions
Flexible financing designed for every stage of your homeownership journey
Explore Our Loan Products
Choose from our comprehensive range of housing finance solutions crafted to meet diverse needs, backed by competitive interest rates and personalized support.
New Home Loan
Finance your dream home with high loan-to-value ratios, competitive interest rates, and flexible repayment plans.
- Loan up to 90% of property value
- Repayment tenure up to 30 years
- Fixed and floating rate options
- Pre-payment with zero charges
Resale Home Loan
Purchase pre-owned properties with simplified documentation, quick approvals, and expert support for property evaluation.
- Loan up to 85% of property value
- Streamlined documentation
- Support with legal verification
- Customizable EMI plans
Self-Construction Loan
Build your ideal home with stage-wise disbursements, land purchase support, and expert guidance throughout construction.
- Stage-based disbursement plan
- Land + construction financing
- Technical inspection support
- Flexible repayment schedule
Competitive Interest Rates
Customized rates based on customer profile, property type, and loan tenure, ensuring maximum affordability.
Flexible Tenure
Repayment periods up to 30 years with the option to switch between fixed and floating interest rates anytime.
Secure Processing
Transparent documentation and secure processing backed by strict compliance to National Housing Bank regulations.
Dedicated Support
Personal relationship managers assist at every step, ensuring quick resolution and smooth loan lifecycle.
Product Comparison
| Feature | New Home Loan | Resale Home Loan | Self-Construction Loan |
|---|---|---|---|
| Loan-to-Value Ratio | Up to 90% | Up to 85% | Up to 80% |
| Interest Rate Type | Fixed / Floating | Floating | Floating |
| Repayment Tenure | Up to 30 years | Up to 25 years | Up to 20 years |
| Processing Time | 48 hours | 72 hours | 72 hours |
| Pre-Payment Charges | Zero | Zero | Zero |
| Special Benefits | Builder tie-up offers | Property valuation support | Stage-based disbursement |
Interest Rates & Charges
Interest Rate Range
8.25% - 10.75% p.a.
Rates depend on customer credit profile, property type, and loan amount.
Processing Fee
Up to 0.75%
Processing charges capped to ensure affordability and transparency.
Balance Transfer
8.10% onwards
Switch your existing home loan to Varashakti for better rates and savings.
Eligibility Criteria
- Indian residents aged 23-60 years
- Minimum 2 years of stable employment or business history
- Minimum monthly income of ₹35,000
- Credit score of 700 and above preferred
- Co-applicants allowed for higher eligibility
Required Documents
- Identity proof (PAN, Aadhaar, Passport)
- Income proof (salary slips, bank statements)
- Property documents and title deeds
- Employment or business proof
- IT returns for last two years
Loan Application Process
Step 1: Apply
Submit application online or visit our branch with required documents.
Step 2: Evaluation
We assess credit profile, property details, and verify documents.
Step 3: Approval
Receive loan sanction letter with approved amount and terms.
Step 4: Disbursement
Loan disbursed as per schedule, aligned with property stage.
Quick FAQs
How fast can I get approval?
Standard approvals take 48-72 hours after complete document submission. Priority processing is available for select profiles.
Can I balance transfer my loan?
Yes, we offer balance transfer options with reduced interest rates and flexible repayment terms.
Is insurance mandatory?
Property insurance is recommended for risk coverage, while loan insurance is optional but encouraged.
Ready to Apply?
Connect with our specialists to understand the best financing option for you. Experience quick approvals, transparent processing, and dedicated support.