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Home Extension Loans

Home Extension Loans

Home Extension Loans
As you build towards creating more memories to cherish with your family, you may wish for greater space to fill in with these moments. We believe that the growing needs of you and your family often warrants the expansion of your home. A new room to welcome the latest member in the family, a little more space to accommodate larger family gatherings, whatever your dreams may be, we are happy to assist you in doing so with home extension loans.
With attractive interest rates and best-in-class service, we strive to ensure that your experience is hassle-free and memorable.

  • Attractive interest rates
  • Flexible repayments options
  • Quick approvals and disbursals
  • Available to new and existing customers
  • No hidden charges
  • Easy documentation

Applicants may apply for the Home Extension loan either individually or together, jointly. However, it is compulsory for all owners of the property to be co-applicants for the loan.

Loan Term:
Your loan term is decided based on many factors. This includes the customer profile, their age at the time of maturity of the loan, the age of the property at the time of maturity of the loan etc.

Here is the list of documents you shall need when applying for a Home Extension Loan at Indiabulls Home Loans -

Proof of identity & residency:
  • Aadhaar card
  • Passport (must be valid)
  • Voter ID card
  • Driving license (must be valid)
Income Proof for the Salaried:
  • Salary slips of the last 3 months
  • Bank statements showing salary credits of the last 6 months
  • Most recent Form-16 and Income Tax return
Income Proof for the Self-Employed:
  • Income Tax Returns, along with last 3 assessment years’ computation of the income
  • Last 3 years’ balance sheet and profit & loss account statements with the annexures and schedules
  • Last 6 years’ current account status of the business entity
  • Last years’ savings account status of the individual
Property Papers:
  • Plot’s title deed
  • An estimate of the home extension by an architect/civil engineer
  • Any proof of no encumbrances on the property
Other Documents:
  • Self-attested passport size photograph of the applicants and co-applicants
  • Own Contribution Proof
To apply for a Home Extension loan with Indiabulls Home Loans, click on the below button.
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