Reliance Finance Home Loan Interest Rates

Reliance Home Finance Home Loan: Calculate EMI & Eligibility details of Reliance Housing Finance at lowest Interest Rates online. Documents List, Process, Procedure, Processing Fees, Loan amount & per month lowest emi options, Status, Application, MCLR Rates, Base Rates at emicalculator-india.com.

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Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

About Reliance Housing Finance

Reliance Home Finance Limited is a part of Reliance Capital Ltd., one of India’s leading and amongst most valuable financial services companies in the private sector. At Reliance Home Finance, we think of ourselves, not as a “loan company”, but as a partner in your quest to fulfill your biggest ambition of stepping into your dream home loan. Reliance Capital has a net worth of Rs. 13,547 crore (US$ 2.2 billion) and total assets of Rs. 47,440 crore (US$ 7.6 billion) as on March 31, 2015.

No Income proof scheme available at reliance housing finance for easy availability of home loans. Quick and transparent processing & Loan sanction possible before selecting the property makes reliance finance a leading housing finance company in market.

Reliance Housing Finance Home Loan Details

Interest Rates 9.75% – 11.00%
PLR Rate 18.00% p.a
Processing Fees 1% of the Loan Amount + S.T
Maximum Loan Amount 5 Crore
Maximum Repayment Period 30 Years
Minimum Income Per Month Rs.15000
Maximum Loan Capped 90% of Property Value
Pre Closure Charges Nil
Lowest EMI per 1 Lakh Rs. 859 onwards
Toll Free Number 1800 200 3838
Bank Reliance Housing Finance
Security / Guarantor  Yes
Disbursal Time 12-16 days
Online Apply Facility Yes

Reliance Housing Finance offers loan for construction of house/ flat, under construction house/flat from Housing Boards/ Development Authorities/ Co-operative Societies/ Approved Private Builders/ Projects. All Individuals or Joint owners are eligible to borrow loan. Reliance Housing Finance offers home loan as Rural home loan, NRI Home loan, Urban housing fund, affordable housing finance schemes.

Example if you take Rs. 15 lakh of loan amount at 9.75%, then EMI for home loan will be are as follows-

Loan Amount Tenure In Years Monthly EMI Total Amount Total Interest
15 lakh 5 ₹31,686.37 ₹19,01,181.93 ₹4,01,181.93
15 lakh 10 ₹19,615.54 ₹23,53,864.36 ₹8,53,864.36
15 lakh 15 ₹15,890.44 ₹28,60,279.19 ₹13,60,279.19
15 lakh 20 ₹14,227.75 ₹34,14,660.66 ₹19,14,660.66
15 lakh 25 ₹13,367.06 ₹40,10,118.39 ₹25,10,118.39
15 lakh 30 ₹12,887.32 ₹46,39,433.83 ₹31,39,433.83

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