EMPOWERING YOU WITH
SOLUTIONS HOUSING FINANCE
TABLE OF CONTENTS
SR. NO.
DESCRIPTION
PAGE NO.
1.
INTRODUCTION
01
2.
PRAGATI HOME LOAN
02
3.
PRAGATI PLUS HOME LOAN
04
4.
PRIORITY BALANCE TRANSFER
06
5.
EXPRESS BALANCE TRANSFER
08
6.
STEP-UP HOME LOAN
10
7.
STEP-DOWN HOME LOAN
12
8.
EXTENDED TENURE HOME LOAN
14
9.
GENERAL PURPOSE LOAN
16
10.
MICRO LAP
18
11.
SEMI-FIXED ROI
20
12.
MICRO CONSTRUCTION FINANCE
22
13.
DID YOU KNOW
24
14.
COMPREHENSIVE PRODUCT SUITE
25
A LITTLE ABOUT US
Buying a House is not Just a Dream. It's an emotion!
Born from a profound desire to transform dreams into cherished realities, Aditya Birla Housing Finance (ABHFL) has become a trusted companion on the journey to home ownership with its Home Finance Offerings. With every step forward, ABHFL continues to be a guiding light for those who dared to dream of a place to call their own. ABHFL traces its heritage from the illustrious Aditya Birla group, a group that goes back over 150 years. In just nine years, ABHFL has grown its AUM, expanded its customer base, and extended its footprint across regions, earning a prestigious AAA rating. As of March 2023, ABHFL has garnered the trust of over 60,000+ customers. Its reach spans across 117 cities, touching the lives of countless individuals and families, and serving over 8000 pin-codes. With branches that dot the landscape in 19 states and UTs, ABHFL is more than just a financial institution. It is not just a partner in the journey towards home ownership but also the architect of it with its Housing Finance Solutions. Empowered by our comprehensive product suite of Home Loans, Home Improvement Loans, Home Construction Loans, Loan Against Property, Lease Rental Discounting, and Construction Finance, we offer hyper-personalized solutions for our customer's diverse needs. As we go ahead, we intend to stand for hassle-free & predictable Home Loans.
Team ABHFL
01
PRAGATI HOME LOAN INTRODUCING
Step into your own home with Pragati Home Loan! With flexible eligibility criteria and easy documentation process, owning a home will now be in your budget.
02
KEY BENEFITS
Avail loans against various collaterals with diverse eligibility methods
Loan amount up to Rs. 5 lakhs - 1 Crore
Repayment tenure: upto 30 years*
Loan upto 90%* of property’s market value
FINANCING THE NEEDS OF
Bank Salaried customer
Cash Salaried customers
Self-employed customers with or without ITR
ELIGIBILITY CRITERIA
Minimum Income Salaried : Rs. 7,000 / month Self Employed : Rs. 1 Lakh / annum.
CIBIL : 675 & above/NTC
LOAN CAN BE USED FOR
Purchase from builders
Resale properties
Home - construction & Extension
Home improvement
Balance transfer
EASY DOCUMENTATION
To avail the loan, keep the following documents ready:
Self employed/Non-professional
Documents
Salaried
KYC documents, Address Proof, Identity Proof PAN Card Office Address proof Copy of Property papers Income proof Bank Statement
Yes
Self & Business Yes Utility bills (max. 3 months old) Financial & ITRs for last 2 years Last 6 months Yes
Yes N/A Yes Last 3 months salary slip Last 6 months
To know more, contact our Relationship Manager or 1800-270-7000 (toll free)
03
PRAGATI PLUS HOME LOAN Where Every Step Leads You Closer to Your Dream Home Introducing
Unveiling PRAGAT I PLUS HOME LOAN A housing option finely tuned for self-employed and high-earning professionals in pursuit of outstanding properties.
TYPE OF LOAN
HL Builder Purchase / Resale
Plot Purchase & Construction
Home construction loan
Home Extension loan
Home Improvement loan
04
TARGET SEGMENT
Self-employed customers across income segments carrying out business through permanent set-ups or residential+office setups for purchasing prime properties. Loan upto 75%* of the property value. Salaried Customers with formal income and documentation purchasing affordable properties. Loan upto 80%* of the property value.
LOAN TENURE
Min : 12 months Max : 240 months for self-employed & 360 months for Salaried
Loan Amount of up to 1.5 Crores
ELIGIBILITY CRITERIA
Minimum net annual income
INR 3 lakhs p.a (for self-employed customers)
Minimum net monthly income
INR 25,000 pm (For Salaried Customers)
CIBIL score of more than or equal to 700/NTC
EASY DOCUMENTATION
To avail the loan, keep the following documents ready:
Documents
Self employed/Non-professional
Salaried
KYC documents, Address Proof, Identity Proof PAN Card Office Address proof Copy of Property papers Income proof Bank Statement
Yes
Self & Business Yes Utility bills (max. 3 months old) Financial & ITRs for last 2 years Last 6 months Yes
Yes N/A Yes Last 3 months salary slip Last 6 months
To know more, contact our Relationship Manager or 1800-270-7000 (toll free)
05
Simplify Your Loan Transfer with ABHFL’S PRIORITY BALANCE TRANSFER
Step into a world of hassle-free home loans, specially crafted for you. Experience swift, stress-free balance transfers and attractive Top-up loans. Say goodbye to paperwork, endless hassles and turn your dreams into reality.
06
Key Benefits
Comfortable repayment up to 30 years Fasttrack process & Legal waived for BT from selected FI’s
Eligibility basis repayment track record (RTR) Attractive Top Up loan offered basis your current loan vintage
Loan amounts up to Rs 1 Crore
No income documents required
Target Customer
Salaried Customers
Documentation
No Form 16
KYC: Digitally verified
Illustration
Particular
Scenario 1
Scenario 2
Scenario 3
A B
Current Market Value of Property
1.20 cr
1.20 Cr
1.20 Cr
Loan amount sanctioned
70L
70L
70L
MOB
15 months
24 months
40 months
C D
Current O/S
66L
63L
58L
Top up multiplier on Original Sanction amount basis MOB
1.10x
1.15x 17.5L 80.5L
1.30x
E F G H
Additional top up ((B*D)-C)
11L
33L 91L 75% 90L 90L
Total amount eligible as per RTR
77L
LTV %
75% 90L 77L
75% 90L
Total Amount as per LTV (A*G) BT+Topup Loan (Lower of F & H)
80.5L
To know more, contact our Relationship Manager or 1800-270-7000 (toll free)
07
Fast-Track Your Loan Transfer with ABHFL’S EXPRESS BALANCE TRANSFER
Embark on a fresh chapter in your loan journey as you explore ABHFL's stress-free balance transfer and top-up loan program, with easy documentation and fast-track processing.
08
Key Benefits
Loan amount of up to Rs. 3 Crores for Home Loan and 1 Crore for LAP
Comfortable repayment up to 25 years
Attractive ROI
Fasttrack process & Legal waived for BT from selected FI’s
No income assessment required
Eligibility basis repayment track record (RTR)
Top-up loan options basis your current loan vintage
Target customer
Salaried customer
Self-employed customers
Documentation
Bank Statement: 6 months
ITR: 2 Years
KYC: Digitally verified
Salary Slip: 3 months
Illustration
Particular
Scenario 1
Scenario 2
Scenario 3
A B
Current Market Value of Property
1.20 cr
1.20 Cr
1.20 Cr
Loan amount sanctioned
70L
70L
70L
MOB
15 months
24 months
40 months
C D
Current O/S
66L
63L
58L
Top up multiplier on Original Sanction amount basis MOB
1.10x
1.15x 17.5L 80.5L
1.30x
E F G H
Additional top up ((B*D)-C)
11L
33L 91L 75% 90L 90L
Total amount eligible as per RTR
77L
LTV %
75% 90L 77L
75% 90L
Total Amount as per LTV (A*G) BT+Topup Loan (Lower of F & H)
80.5L
To know more, contact our Relationship Manager or 1800-270-7000 (toll free)
09
ELEVATING HOMEOWNERSHIP FOR THE AMBITIOUS YOUNG MINDS STEP-UP Home Loan for Young Professionals
Tailored to elevate your homeownership journey, this unique offering extends the possibility of acquiring up to 30% higher loan amounts, ensuring that your dream home aligns seamlessly with your ambitions.
Key Benefits
Higher loan eligibility upto 30%
Sector-linked higher eligibility
Repay comfortably over 25 years
10
Financing the needs of
• Salaried individual
• Repayment tenure: upto 25 years (Primary tenure up to 3 years with lower EMI) • Applicable for Home purchase loan Eligibility Criteria
Home Loan EMI Calculator
Standard EMI
Step-Up EMI
₹ 28,50,000
₹ 37,05,000
Loan Amount
Loan Amount
300 mons
36 mons
Primary Tenure
Primary Tenure
₹ 24,000
₹ 24,000
Primary Tenure EMI
Primary Tenure EMI
264 mons
Secondary Tenure
₹ 25,920
Secondary Tenure EMI
₹ 8,55,000 Higher Loan Amount Higher Loan Eligibility Upto 30%
mons stands for months
To know more, contact our Relationship Manager or 1800-270-7000 (toll free)
11
Shivang Malhotra I Entrepreneur
BUILD YOUR PATH TO FINANCIAL PEACE OF MIND.
STEP-DOWN Home Loan for professionals. Enhance your retirement years with lower EMI responsibilities and 20% higher loan potential through joint income
Key Benefits
Higher Loan eligibility basis Family Member's Joint Income
Repay comfortably with tenure upto 25 years
Combine your monthly income to ease your financial burden
Attractive balance transfer option available
12
Target Customer
• Salaried individual with working co-applicant • Salaried individual with pension income
• Repayment tenure: upto 25 years • Applicable for Home purchase, Home Extension Eligibility Criteria
Home Loan EMI Calculator
Standard EMI
Step-Down EMI
₹ 93,40,682 Parent
₹ 1,11,08,249
Loan Amount
Loan Amount
Child
Parent
Child
108 mos 108 mos
108 mos 108 mos
Primary Tenure
Prima Tenure
Primary Tenure EMI ₹ 87,500 ₹ 39,000
Primary Tenure EMI ₹ 87,500 ₹ 39,000
192 mos
0
Secondary Tenure
Secondary Tenure EMI 0
₹ 39,000
₹ 17,67,567 Incremental Loan Amount
To know more, contact our Relationship Manager or 1800-270-7000 (toll free)
13
Shekhar Damle | Retired Couple
ENJOY A COMFORTABLE RETIREMENT WITHOUT STRESS. EXTENDED TENURE Home Loan for Senior Professionals
Streamline your finances for retirement, unlock up to 40% higher loan amount.
Key Benefits
Higher loan eligibility by higher loan tenure up to 70 years of age
Lower EMI levels through extended tenure loans beyond retirement age
Attractive balance transfer option available
14
Target Customer
• Senior salaried executives working in corporates
• Repayment tenure: upto 25 years • Wide array of eligibility methods available • Applicable for Home loan purchase – ready or under construction • With minimum income of Rs. 3 Lakhs per month Eligibility Criteria
Home Loan EMI Calculator
Age = 48 Yrs
Standard Scenario
Extended Tenure
₹ 3,29,51,659
₹ 4,30,45,346
Loan Amount
Loan Amount
60 yrs
Maturity Age 70 yrs Max Loan Tenure 264 mos
Maturity Age
144 mos
Max Loan Tenure
₹ 1,00,93,686 Incremental Loan Amount
EMI = 2,28,000
To know more, contact our Relationship Manager or 1800-270-7000 (toll free)
15
Transform Your Home into Your Dream Haven with ABHFL’S GENERAL PURPOSE LOAN!
Unlock Extra Financial Freedom with ABHFL's General Purpose Loan and Revamp, Renovate and Reimagine Your Home, Your Way! Get up to 15% additional Loan amount
16
Key Benefits
Avail additional loan up to 15% of the property value
No added collateral/security required
Loan amount up to Rs. 50 lakhs
Bundled as offering with Home loan purchase(New/ BT)
Repay comfortably over 25 years
Target customer
Salaried customer Cat A/Cat B
SEP & SENP
Illustration
Particular
Scenario 1
Scenario 2
Scenario 3
A B
Current Market Value of Property
70L
1 Cr 75% Yes 75L 15% 15L 90L 85L 85L
30L 90% No 27L N/A
LTV applicable GPL applicable
80% Yes 56L 10%
C D E F G H
Home Loan Amount (A*B) Additional GPL LTV applicable
GPL Amount (A*D) Total Amount (C+E)
7L
GPL not applicable
63L 70L 63L
27L 27L 27L
Eligible amount as per FOIR
Final amount capped to eligibility -
(Lower of F & G)
To know more, contact our Relationship Manager or 1800-270-7000 (toll free)
17
Introducing MICRO-LAP Seize New Opportunities with Quick and Easy Financing!
Jay Gangar / Grocer
No matter if you're an owner of a Kirana shop, Tea Stall, Food Joint, or an entrepreneur. Your property holds the potential to unlock financial opportunities. With our Micro Loan Against Property, you can access the funds you need to fuel your
ambitions. Take the leap toward your dreams and apply now! Loans upto ₹75 Lacs without ITR proof
18
Key Benefits
No ITR Proof required
Loan upto Rs. 75 Lacs without ITR
Repayment comfortably over 180 months
Simple documentation
Loan upto 70%* of the property market value
Flexibility of Semi Fixed Rate
Financing the needs of
Small kirana shop owners
Tea/Food shop owners
Barbershop/ Salon owners
Scrap dealers
Garage owners
Laundry owners
Commission agents
Caterers
Auto/Taxi drivers (Self-owned vehicle)
Tailors
Eligibility Criteria
Minimum income - Salaried - ₹ 7,000 p.m.; Self-employed - ₹ 1 lakh p.a.
CIBIL : 700 & above/NTC
Easy Documentation
To avail this loan, all you need is a basic set of documents. Keep the documents ready as per the following list. Documents Salaried Self-employed /Non-professional KYC documents, Address proof, Identity proof Yes Self & Business PAN card Yes Yes Office address proof N/A Utility bills (max. 3 months old) Copy of property papers Yes Yes
To know more, contact our Relationship Manager or 1800-270-7000 (toll free)
19
Enjoy the comfort of stability with freedom of flexibility. SEMI- FIXED RATE OF INTEREST Introducing
Buying a house is a cherished dream. At ABHFL, we understand this sentiment. Whether you are Salaried or you own a food stall, tea shop, vegetable/fruit store, or any other type of small business with a permanent or temporary set-up, Semi-Fixed Rate of Interest offering will help you turn your dream into reality.
20
Key Benefits
Initial Rate Stability: Enjoy a fixed interest rate for an initial period (2 Years / 3 Years / 5 Years), providing you with financial security.
Protection Against Rate Fluctuations: Shield from sudden interest rate increases during the fixed period, allowing you to plan your finances effectively.
Flexibility: Once the fixed rate period ends, loan converts to a floating rate, to benefit from potential interest rate decreases in the market.
Predictable Payments: Helps you to prepare for your monthly outgoings as your EMI will be stable during the fixed interest period.
Rate of Interest
Fixed Tenure
2 Yrs
3 Yrs
5 Yrs
Pragati Aashiyana Home Loan
ROI + 0.50% ROI + 0.35% ROI + 0.25%
Micro LAP
ROI + 0.60% ROI + 0.50%
ROI + 0.30%
Maximum Overall Tenure: Pragati Aashiyana HL (Segment1) up to 20 years; Segment 2 up to 15 years; Micro LAP: up to 15 years
Illustration
Mr. A has submitted a Home Loan application to ABHFL for an amount of Rs. 50 lakhs, intending to repay it over a period of 20 years. The following scenarios illustrate the resulting savings vis-à-vis Floating Rate EMI assuming rate increases by 1% p.a. and 1.50% p.a. resp.
Normal Scenario
If Rate increases by 1.00% If Rate increases by 1.50%
Product
Savings P. M. (Rs.)
EMI ( Rs.)
EMI ( Rs.)
EMI ( Rs.) Savings P. M. (Rs.)
Floating Rate
₹
49,082/-
52,463/- ₹
-
54,185/- ₹
-
₹3,424/-
₹1,702/-
2 Yrs. Fixed
50,761/- ₹
50,761/- ₹
50,761/- ₹
Semi Fixed ROI
₹2,208/-
₹3,930/-
3 Yrs. Fixed
50,255/- ₹
50,255/- ₹
50,255/- ₹
₹2,544/-
₹4,266/-
5 Yrs. Fixed
49,919/- ₹
49,919/- ₹
49,919/- ₹
In the event of rate increase, the EMI for Semi Fixed Product remains fixed whereas the EMI for the Floating Rate will vary as per the rate fluctuation.
For a happy home loan journey please contact our Relationship Manager or 1800-270-7000 (toll free)
21
MICRO CONSTRUCTION FINANCE Faster, Smarter, Affordable Real Estate Construction Solutions
In the ever-evolving landscape of real estate development, time is of the essence. Micro Construction Finance is designed to fast-track the construction of residential projects, empowering you to create thriving communities quickly and cost-effectively.
Benefits to Developers
Easy access to funds across Project stages
Enables Home Loan solutions for your potential buyers
Faster delivery of project with availability of funds
Visibility of the project
Key Features
Loan available for Plot purchase and Construction
Repay the loan from Project sales receivables
Loan amount up to 5 Crores
Loan tenure up to 5 years (including 1 yr of principal moratorium) up to 7 years (84 months with EMI)
22
Eligibility Criteria
Completion History of minimum 1.5 Lakh Sq. ft.
10+ Projects completed & delivered
Past history of timely delivery of Projects
RERA Registration not mandatory. Mini CF Calculation Simplified
Value (in Lakhs)
Scenario 1
Scenario 2
Scenario 3
Plot – Market value (A) Construction estimate (B) Total Cost (A+B) = C
300 350 650 75 750
200 400 600 75 750
400 200 600 70 700
Per Unit cost (assuming 10 units) Sales Receivables of project (D)
Value (in Lakhs)
Scenario 1
Scenario 2
Scenario 3
For Plot purchase For Project construction Total loan amount Overall LTV
150 245 395 61%
100 280 380 63%
140 140
280 47%
For Plot Purchase - LTV applicable will be 50% of Market Value Eligibility calculation basis Cash profit method with applicable FOIR Plot purchase loan amount cannot exceed 50% of total loan amount For Project Construction - LTV applicable 70% of Construction Cost Calculation basis the available sales receivables in the project. 70% of sales receivables
Note: EMI to start from date of first disbursement. No Pre-EMI allowed Builder to give undertaking for proportionate prepayment on sale of every floor/unit’NOC issuance S1% - 75% of the sales receivable value to be collected at time of NOC issuance. In case of lower amount collected at time of NOC issuance, builder to make payment of 75% of amount collected over & above the monthly EMI payment as per due date
Mumbai | Ahmedabad | Pune | Indore | Jaipur | Bangalore Chennai | Coimbatore | Hyderabad | Delhi
To know more, contact our Relationship Manager or 1800-270-7000 (toll free)
23
DID YOU KNOW
#ABHFLBytes
We have established a strong presence across India with over 130 b ranches
#ABHFLOffers
Step-Up Home Loan gives higher loan eligibility for young salaried professionals
A Special o ff er for Special Individuals! Extended tenure loans with age up to 70 years for Senior Salaried Executives #ABHFLOffers
#ABHFLOffers
A Loan Tenure up to 30 years
#FactFile
You can get a loan without ITR up to 75 La khs with ABHFL!
24
COMPREHENSIVE PRODUCT SUITE OFFERED BY ABHFL
HOME LOAN
Home Loan Home Extension Loan Home Improvement Loan Home Construction Loan Balance Transfer + Top up General Purpose Loan
LOAN AGAINST PROPERTY
Loan Against Property - Residential & Commercial Commercial Property Purchase Lease Rental Discounting Loan Against Plot Balance Transfer + Top Up Micro LAP
CONSTRUCTION FINANCE
Builder Project Funding - Residential - Commercial Micro CF Inventory Funding
25
CUSTOMER CONVENIENCE FIRST! WE ARE WITH YOU AT EVERY STEP.
Customer Portal
Chatbot
Call Centre
care.housingfinance @adityabirlacapital.com
Text us ‘Hi’ on 88288 00032
Login with your credentials on adityabirlacapital.com
Text us ‘Hi’ on adityabirlacapital.com
Call us on 1800-270-700
INSTANT FULFILLMENT OF 33 MOST USED SERVICES Statement of Account, Interest Certificate,
24/7 DIGITAL SERVICES WhatsApp, Chatbot & Customer Portal
Repayment Schedules & more at your fingertips
DEDICATED DISTRIBUTOR HELPDESK: Call 1800-270-7000
CUSTOMER CARE SUPPORT all 7 days 9 am to 9 pm
INTERACTIVE AUDIO
CUSTOMER FEEDBACK
MECHANISM
Smooth Onboarding Easy to check Loan Details
At all touchpoints to enhance your experience
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ABHFL Corporate Office Address: Aditya Birla Housing Finance Limited One World Center, Tower 1, 9th Floor, Jupiter Mills Compound Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013.
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