Mahindra Home Finance is one of India’s leading housing finance companies, offering:

• Affordable home loans with flexible tenure
• Lower interest rate for salaried and self-employed individuals
• No income proof loan options in select cases
• Low EMI to suit your budget
• Quick approval with minimum documentation

Mahindra Home Finance provides a range of affordable home loans:

• Construction Loan – Build your dream home on your own land.
• Plot + Construction Loan – Buy a plot and construct your home with a single loan.
• Home Extension/Renovation Loan – Expand or renovate your existing home.
• New Purchase Loan – Buy a home from a builder or developer.
• Balance Transfer & Top-up Loan – Transfer your existing loan to Mahindra Home Finance for a lower interest rate.

EMI is a fixed monthly repayment of principal and interest. With Mahindra Home Finance, you get:

• Low EMI options
• Flexible repayment tenure
• Affordable home loans in India with a lower interest rate
Click here to explore the Mahindra Home Finance loan eligibility calculator and check how much you can borrow.

ROI depends on:

• Applicant’s CIBIL score
• Loan amount and tenure
• Type of property
• Applicant’s financial profile Check Interest Rates & Fees

Additional Home Loan Costs

• Processing Fees
• Fire Insurance
• Life Insurance

A co-applicant is usually a direct family member (spouse, parent, or child) who jointly applies for a home loan. While co-owners of the property must be co-applicants, all co-applicants need not be co-owners.

A guarantor ensures loan repayment in case the borrower defaults. Lenders may require a guarantor if the borrower's income or credit rating is low, or if the loan tenure is long.

The LTV ratio represents the percentage of your property’s market value that you can borrow as a loan. At Mahindra Home Finance, our competitive LTV ratios are structured to help you secure affordable home loans in India while maintaining a balanced risk profile, ultimately leading to a lower interest rate and manageable low EMI.