Give your expanding family the space they need, be it for a new bedroom, guest room, balcony/open area, or an increased living space with Poonawalla Housing Finance Home Extension Loan.
We understand a dream home has sweet little corners for each member of the family and their needs. As you grow and prosper in life, your family’s needs for space change too! Our customized Home Extension Loan starting from ₹5 Lakhs is the perfect solution to help you fulfil the requirement of additional space in your existing home.
Now enjoy our completely transparent loan offering at attractive interest rate with the benefits of no hidden charges, minimum documentation, flexible repayment tenure and zero foreclosure charges. That’s not all! Our prompt service ensures you a hassle-free process for quick approval and disbursal of loan.
Features & Benefits
Below are the exclusive features of Home Extension Loans:
Interest Rates
Home Extension Loans usually come at affordable interest rates as compared to other financing solutions such as personal loans. With Poonawalla Housing Finance, you can avail loan for house extension at competitive interest rates, starting just 9.55% per annum. Click here for more details on home loan extension interest rates.
Eligibility Criteria
Eligibility criteria for home extension loans vary across insurers. With Poonawalla Housing Finance, you can avail home extension loan with simple eligibility criteria:
Below are the documents required for home extension loan:
How to apply for home extension loans?
With Poonawalla Housing Finance, applying for home extension loans is easy. You can do it online or offline. Below are the steps to apply for home extension loan:
With Poonawalla Housing Finance, you can avail quick, hassle-free and affordable financial solution for home extension and turn your dream of having a bigger house into a reality! You can get started by calculating the EMIs you need to pay using our online EMI calculator. All you need to do is choose your loan amount, repayment tenure and interest rate. Also, you can avail tax benefit on home extension loan.
So go ahead, apply for a Home Extension Loan with us and fulfil all your financial needs, be it for extending your house or adding more space to your house, without any hassles.
On the application form, fill in your basic details
Submit your KYC, Income documents, and Bank account statements
We’ll do a quick verification and assessment of your documents
We follow a quick process to approve loan applications
That’s it! Your Home Loan will be instantly disbursed
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Formerly Known as Magma Housing Finance Limited