Eligibility Factor
Details
Applicant Type
Salaried, Self-Employed, Professionals
Age
Minimum 21 years at loan start
Maximum Age
Up to 65 years at loan maturity
Employment Stability
Minimum 2 years total work experience
Income Criteria
Stable and verifiable income source
Credit Score
Preferably 650 or above
Property Type
Ready, Under-construction, Resale
Residence
Indian Resident / NRI (case-specific)
Transitional Insight: Meeting the eligibility criteria not only improves approval chances but also helps secure better interest rates and lower EMIs.
Home Purchase Loan – For buying ready or under-construction residential property
Home Construction Loan – Build your home on owned land
Home Extension / Renovation Loan – Upgrade or expand your existing house
Balance Transfer Home Loan – Shift your existing home loan to AU Small Finance Bank (formerly Fincare) at a lower interest rate
Top-Up Loan – Additional funding over your existing home loan
There are some basic documents required while applying for home loan with Fincare.
A home loan from Fincare Small Finance Bank also provides significant tax savings under the Income Tax Act:
Section 80C – Up to ₹1.5 lakh deduction on principal repayment
Section 24(b) – Up to ₹2 lakh deduction on interest paid (self-occupied property)
Additional Benefits – Extra deductions for affordable housing under applicable sections
Processing Fee: As per bank norms (competitive and transparent)
Prepayment / Foreclosure Charges: As applicable (often nil for floating-rate loans)
Late Payment Charges: Applicable on overdue EMIs
Legal & Technical Charges: As per property evaluation requirements
TyTil ensures full transparency, so you are aware of all charges before you apply.
Need a more accurate EMI estimate?
If you're planning to buy or build your dream home, a Fincare Small Finance Bank Home Loan gives you the perfect blend of affordability, flexibility, and expert support—making your homeownership journey truly stress-free.
Note: Since Fincare Small Finance Bank merged with AU Small Finance Bank in April 2024, all home loan services are now provided through AU SFB. For current rates, eligibility, and application, please visit our AU Small Finance Bank home loan page.
Have any queries? We'd love to hear from you.
📞 Call us: +91 7065663434
✉️ Mail us: support@tytil.com