Why Choose JM Financial for Home Loans?
JM Financial bank home loan has a great reputation in India's financial world.
People trust them because they are careful with loans, open about what they do, and really focus
on their customers.
- Strong Reputation: Trusted by salaried individuals, self-employed
professionals, and business owners with home loan options for all types of buyers.
- Tailored Loan Solutions: Flexible policies that make it easier for families
to get approved and own a home.
- Flexible Eligibility: Simple process with minimal paperwork, online
assistance, and quick approvals.
- Personalized Touch: Dedicated support and personal attention for every
borrower.
JM Financial Home Loans Products
JM Financial Home Loans fit different situations in the housing world:
Home Purchase Loan: Get financing to buy a ready-to-move-in,
under-construction, or resale flat/house.
Home Construction Loan: Build your dream home on your own land
with this loan option.
Plot Purchase Loan: Buy a residential plot and finance
construction on it as well.
Home Renovation Loan: Upgrade, expand, or repair your home with
JM Financial’s renovation loan.
Balance Transfer Loan: Transfer your existing home loan to JM
Financial for lower interest rates and better terms.
Top-Up Loan: Get additional funds on your current home loan for
renovation, education, or urgent personal needs.
JM Financial Home Loan Interest Rates
Interest rates are a critical consideration. JM Financial offers competitive rates that help
ensure your EMIs remain manageable:
| Loan Product |
Interest Rate (p.a.) |
Processing Fee |
| Home Purchase/Construction |
9.15% – 10.25% |
Up to 1% of sanctioned amount + GST |
| Plot Purchase |
9.50% – 11.00% |
Up to 1.25% + GST |
| Home Renovation/Extension |
9.65% – 11.25% |
Up to 1% + GST |
| Balance Transfer/Top-Up |
9.25% – 11.00% |
Up to 1% + GST |
- Tenure: Up to 25 years, depending on profile and product.
- Prepayment Charges: Nil for floating rate loans taken by individuals (conditions apply).
- Fee Note: Processing fees are subject to scheme and profile; always confirm specifics at
application.
JM Financial Home Loan Eligibility Criteria
Age: 23–65 years at loan closure.
Income: Minimum monthly income of ₹25,000, applicable for both
salaried and self-employed individuals.
Credit History: A CIBIL score of 700+ is preferred, with
flexibility for applicants with a strong professional record.
Property: The property must have a clear legal title and all
required approvals.
Co-applicant: Spouse, parent, or sibling can be added as
co-applicant to enhance eligibility.
Required Documents for JM Financial Home Loan Partner
Application Form: Completed application form with recent
passport-sized photographs.
ID Proof: Aadhaar, PAN card, Voter ID, Passport, or Driver's
License.
Address Proof: Utility bill, bank passbook, or rental agreement.
Income Proof:
If salaried – Last 3–6 months’ salary slips, Form 16, 6 months’ bank statements,
and latest ITR.
If self-employed – ITRs for the last 2–3 years, business proof, and financials
certified by a CA.
Property Documents: Sale agreement, title deed, chain of
documents, property tax receipts, and approved building plan.
Other Documents: Papers of co-applicants (if any) and property
insurance if required by the lender.
How to Apply JM Financial Home Loan via TyTil
Need a loan? TyTil can help you get it quickly and easily with JM Financial
home loan EMI calculator
- Sign Up: Go to TyTil site or app and choose JM
Financial as your lender.
- Fill Your Details: Complete the online form with your personal, job, and
property information.
- Send Your Documents: Scan and upload the required papers to apply for a
home loan.
- Expert Help: TyTil team assists you in finding the
right loan and answering any queries.
- Track Real-Time: Monitor your application from start to finish and get
updates along the way.