Aadhar Housing Finance Home Loan (Informal Income)
Primary Lending Institution:Aadhar Housing Finance Ltd.
Up to ₹30 Lakh home loan at 9.50% – 12.50% with Up to 25 years tenure.
This loan requires the property to be in an approved society/project or verified municipal layout — disputed rural land strictly ineligible. Higher interest rate reflects informal underwriting.
What is Aadhar Housing Finance Home Loan (Informal Income)?
Pioneering affordable housing finance company providing credit to low-income customers without banking or formal tax documentation.
Key Benefits & Features
Tailored for blue-collar and informal sector workers; field cash flow assessment; branch network across 20+ states.
Property & Project Eligibility Requirements
Clear residential title in peripheral municipal or gram panchayat layout.
Borrower Eligibility Criteria
Self-employed micro-entrepreneurs or informal salaried workers earning at least ₹10,000/month.
How to Apply (3 Verified Paths)
Apply online through net banking portal or visit lending branch with loan inquiry.
Apply online at https://www.aadharhousing.com/home-loans with digital KYC and property details.
Visit nearest branch of the institution with income proofs and sale agreement.
Documents Required Checklist
Aadhaar Card, PAN Card, Last 3 months salary slips or 2 years ITR-V, 6 months bank account statement, Title deed, Approved building plan and municipal tax receipts.
Frequently Asked Questions
What is the maximum loan tenure available for Aadhar Housing Finance Home Loan (Informal Income)?
The maximum repayment tenure offered for Aadhar Housing Finance Home Loan (Informal Income) is Up to 25 years, subject to borrower's age not exceeding 65 years at loan maturity.
What are the processing charges and prepayment rules for Aadhar Housing Finance Home Loan (Informal Income)?
The processing fee is 1.50% to 2.00% + GST. As per RBI guidelines, zero prepayment penalties apply to all individual floating-rate home loans.
What documents are required to apply for Aadhar Housing Finance Home Loan (Informal Income)?
Applicants must provide KYC (Aadhaar, PAN), 3 months salary slips or 2 years ITR with computation, 6 months bank statements, and clear property title documents with municipal sanctions.
Why does Aadhar Housing Finance Home Loan (Informal Income) require property approval in a formal layout?
This loan requires the property to be in an approved society/project or verified municipal layout — disputed rural land strictly ineligible. Higher interest rate reflects informal underwriting.