Truhome Finance Home Loan

You can now apply for a Truhome Finance home loan on Bajaj Markets. Borrow up to ₹1 Crore at affordable interest rates starting from 11.50% p.a. Choose a flexible repayment tenure of up to 25 years and make your dream home a reality.

Truhome Finance offers home loans at competitive interest rates with transparent charges to suit your budget. Below are the details of the interest rates and charges:

Disclaimer: The above-mentioned loan particulars are subject to change at the lender’s discretion.

Besides the interest rate and processing fee, certain additional charges may apply during your loan tenure. Here are the details:

Disclaimer: The above-mentioned loan particulars are subject to change at the lender’s discretion.

Here are the eligibility criteria you need to fulfil to secure a Truhome Finance home loan:

• You must be a salaried individual/self-employed professional/non-professional or a non-individual entity

• You must be over 21 years of age at the time of application and below 70 years of age at the time of loan maturity

• Your income must be over ₹30,000 per month

• If you are salaried, you need a minimum of 2 years of work experience

• If you are self-employed, you need at least 3 years of experience in your current field

To complete your Truhome Finance home loan application, a few essential documents are needed for identity, income, and property verification. Here is a list of the typical documents:

• Completed Loan Application
• Proof of Identification
  • Driving licence
  • Ration card
  • Passport
  • PAN card
  • Voter’s ID card
  • Employee ID
  • Bank passbook
• Proof of Age 
• Address Proof
• Income Documents
  
  • Salaried Individuals (any one of the following)
    • Form 16
    • Certified letter from the Employer
    • Bank statement of the last 6 months
    • Pay slip of the last 2 months, increment, or promotion letter
    • Investment proofs like fixed deposits, shares, etc.
    • IT returns for the last 3 years
    • Passport-size photographs
  • Self Employed or businessman (any one of the following): 
    • Bank statement of the last 6 months
    • A brief introduction of the applicant’s profession/business
    • Income tax returns for the last 3 years of the applicant 
    • Computation of income duly attested by a Chartered Accountant
    • Balance Sheet and Profit & Loss account for the last 2 years of the firm- duly attested by a Chartered Accountant
• Property Documents:
  • Sale deed, agreement of sale with the builder (original copy)
  • Land and building tax paid receipts, possession certificate, location sketch of the property certified by the revenue authorities
  • An approved copy of the building plan 
  • Original receipts of the advance payments that are made towards the purchase of flat

Truhome Finance provides a variety of home loan products to meet diverse housing and financing needs. Whether you are purchasing a new home or renovating an existing one, there is a suitable loan option for you.

• Home Loan

This loan finances the purchase or construction of your home. It offers flexible repayment terms and competitive interest rates, making homeownership more accessible.

• Home Loan Balance Transfer

This option allows you to transfer an existing home loan from another lender to Truhome Finance. It helps you benefit from lower interest rates and potentially reduce your overall repayment burden.

• LAP Residential Loan

This loan provides financing against the mortgage of your residential property. It allows you to access funds without selling your home, while continuing to use it.

• LAP Commercial Loan

This loan provides financing against the mortgage of commercial property. It is suitable for business expansion or other large expenses, while retaining ownership of the asset.

• Home Extension Loan

This loan helps finance the addition of new rooms or extra space to your home. It is ideal for growing families or those seeking to enhance their living area.

• Home Improvement Loan

This loan provides funds for repairs, renovations, or upgrades. It helps maintain or improve your property’s comfort, functionality, and value.

• Home Loan Top-Up

This option offers additional financing on top of your existing home loan. It is useful for covering extra expenses without taking a separate loan.

Here are the steps to apply for this home loan on Bajaj Markets:

1. Click on the ‘Check Offer’ option on this page

2. Fill in all your personal and income details

3. Select Truhome Finance from the list of partners

4. Fill in your property details and the required loan amount

5. Find out your loan details, along with all the charges and net disbursal amount

6. Following this, a loan representative will reach out to you for further processing

You can easily track your Truhome Finance home loan status online in just a few steps. Here is how:

1. Visit the official Truhome Finance home loan page

2. Go to the ‘Resources’ section

3. Click on ‘Track Your Application’

4. Enter your registered mobile number and application ID

5. Click on ‘Get OTP’ and verify it to view your application status

You can check your Truhome Finance home loan statement through multiple methods:

• Through the Mobile App

1. Download the Truhome Finance app from the Google Play Store.
2. Log in using your registered customer credentials.
3. Go to your loan account to view details and instantly download your statement.

• Via Email Request

Contact Truhome Finance customer care for assistance

Email: contact@truhomefinance.in

For any queries or assistance regarding your home loan, you can reach out to Truhome Finance customer care through the following channels:

Repaying a home loan involves making regular EMIs to Truhome Finance over the agreed tenure until the loan is fully settled. In addition to standard EMIs, you can make part payments towards the principal amount. 

These payments help reduce the overall interest payable and may also shorten your loan tenure, making repayment more cost-effective.