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Hassle free Home Extension Loan to fulfill your dream.
Home Extension Loan
As your family's needs grow, there comes a time in life where you need to extend your house to comfortably accommodate all your needs. With Indiabulls Home Loan's (IBHL) Home Extension Loans, you now have the chance to make that dream of having a bigger house a reality, and at the same time, ensure that your family is comfortable.
Home extensions can cost a great deal of money. But you don’t have to worry about that – IBHL is there to help you. We offer home extension loans at attractive interest rates that won’t blow a huge hole in your savings. Plus, our best-in-class services ensure a pain-free loan process.
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Key Features & Benefits
- Online home renovation loans delivered through app and web - anytime, anywhere
- End to end online loan processing – the first in India
- Attractive interest rates
- Simple documentation process
- Zero prepayment charges
- Flexible loan tenure options
- Multiple loan repayment options
- Maximum loan to value
- Quick approval and disbursal
- Available to new and existing customers
To apply for a home extension loan with IBHL, click below.
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Who Can Apply
You can apply for home improvement loans individually or jointly. Do note that all owners of the property must be co-applicants for the loan.
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Loan Term:
The tenure of the loan will depend on several factors like your profile, your age at the maturity of the loan and the property’s age at the time of loan maturity.
To apply for a home extension loan with IBHL, click below. -
Documents Required
These are the documents required for a home extension loan:
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Identity & residence proof
- Aadhaar card
- Valid driving license
- Valid passport
- Voter ID card
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Proof of income for the salaried
- Last three months’ salary slips
- Last six months’ bank statements, showing salary credit
- Latest Form 16 and IT returns
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Proof of income for the self-employed
- Income tax returns for the past three assessment years
- Balance sheet and profit & loss account statements of the past three years along with the annexures and schedules
- Current account statements of the business entity for the past six years
- Savings account statements of the individual for the last six years
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Property papers
- Plot’s title deed
- An estimate of the home extension by an architect/civil engineer
- Proof of no encumbrances on the property
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Other documents
- Self-attested passport size photograph of the applicants and co-applicants
- Own contribution proof
To apply for a home extension loan with IBHL, click below.
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Identity & residence proof
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