Availing a home loan from Capital India Home loans is simple. Here is the 4-step process:
Step 1: Submit your duly filled loan application form along with the required set of documents.
Step 2: Your application would be appraised based on our policies and the pre-approval will be communicated to you.
Step 3: Property related checks pertaining to the value and title of the collateral will be carried out through a Capital India Home Loans empanelled agency.
Step 4: The loan will be disbursed on submission of original property documents along with duly signed loan agreements and other required documents.
Your home loan is repaid through Equated Monthly Instalments (EMI), which includes the principal and the interest component. EMI repayment starts from the month, after the month of final disbursement. Pre-EMI Interest is the simple interest, payable every month till the loan amount is not fully disbursed. You also have an option to start the EMI payments before the final disbursement of the home loan.
Yes, you can avail re-finance at the applicable home loan rate within 6 months from the date of property purchase.
Keeping our customer’s convenience in consideration, the EMI can be kept constant while the remaining loan tenure is adjusted. In an exceptional situations, the EMI may be changed to support the principal repayment, within a time frame.
Yes, you can prepay your home loan. For applicable loan pre-payment fees, please check your Capital India Home Loan sanction letter for the terms & conditions and schedule of charges.
As a retail grocery shop owner, my income streams were primarily based on cash sales, and this proved to be a significant roadblock when I attempted to secure a home loan.
I approached several banks, but they turned me away due to my inability to provide formal stable income proof. I was introduced to Capital India Home Loans by my brother, who was also their customer.
It was my last hope for a Home Loan, I approached CIHL and was pleasantly surprised by their understanding about my situation, their process was quick and hassle free. I am now a proud owner of a home thanks to CIHL.
-Nirmala Thakre, Retail grocery shop owner
(Nagpur)
Customer Testimonials
Originally belonging to Sahanpur, UP, I decided to make a life for myself and my family, so I shifted to Karnal 30 years ago. We started living in a rented house, and as a professional barber, I faced numerous struggles over the years, constantly moving from one house to another with my wife and two children.
It was a saddening experience, However, I never gave up on my dream of providing a better lifestyle for my family. With unwavering determination and hard work, I eventually managed to own a barber shop. But the dream of owning a home seemed out of reach until I came across a unique proposition from Capital India Home Loans (CIHL). CIHL provided me with the opportunity to turn my dream into reality. Through their support, I was able to purchase a home for my family.
The joy of watching my two children grow up in their own home is truly priceless. I am immensely grateful to CIHL for making this possible and helping me achieve my aspirations.
-Jammu Ram, Barber
(Karnal)
Disclaimer
It has been brought to our notice that certain unscrupulous persons, agencies, firms or companies are issuing fake sanction letters to customers purporting to be a loan sanction letter from Capital India Home Loans Limited (“CIHL”) or any of its group entities and such persons, agencies, firms or companies are attempting to extort money by demanding upfront or advance payments towards fees, charges, cash, fixed deposit, demand drafts, etc., from vulnerable customers for processing the required loan. This disclaimer is to caution the general public against such fraudulent practices.
We hereby inform you that CIHL, its group entities or any of their authorized representatives will never: (i) ask for any upfront or advance payments like fees, charges, cash, fixed deposit, demand drafts, etc., for any reason whatsoever; (ii) offer any lucrative deals, gifts, vouchers, etc.; or (iii) send e-mails, SMSs or make phone calls asking for any confidential or sensitive information like login ID or username, transaction password, one time password (OTP), bank account details, card details, grid card values, CVV and / or any personal information such as name, date of birth, mother’s maiden name, identity proof, income details, etc. If you receive any e-mail, SMS and / or phone call asking for any advance payments like fees, charges, upfront cash, fixed deposit, demand drafts, etc., or requesting for any confidential, sensitive or personal information, you are advised to not respond to such e-mail, SMS and / or phone call. Making any such advance payment or sharing of any confidential, sensitive or personal information may result in fraud and loss.
CIHL or its group entities shall not be liable for any kind of loss incurred or damage suffered as a result of any person (including but not limited to an individual, firm, company, trust or society) dealing with such unscrupulous persons, agencies, firms or companies or relying on or responding to such e-mail, SMS and / or phone call.
