Repco Home Finance Home Loan
Primary Lending Institution:Repco Home Finance Ltd.
Up to ₹2 Crore home loan at 8.75% – 10.50% with Up to 25 years tenure.
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible without DTCP approval.
What is Repco Home Finance Home Loan?
Pioneering housing finance company promoted by Repco Bank (Ministry of Home Affairs), deeply rooted in South India.
Key Benefits & Features
Government-promoted trust; accessible for self-employed and salaried customers; competitive rates; personalized branch service.
Property & Project Eligibility Requirements
DTCP or municipal approved residential building with non-encumbrance certificate.
Borrower Eligibility Criteria
Salaried and self-employed individuals with stable regular income.
How to Apply (3 Verified Paths)
Apply online through net banking portal or visit lending branch with loan inquiry.
Apply online at https://www.repcohome.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 Repco Home Finance Home Loan?
The maximum repayment tenure offered for Repco Home Finance Home Loan 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 Repco Home Finance Home Loan?
The processing fee is 1.00% + GST. As per RBI guidelines, zero prepayment penalties apply to all individual floating-rate home loans.
What documents are required to apply for Repco Home Finance Home Loan?
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 Repco Home Finance Home Loan require property approval in a formal layout?
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible without DTCP approval.