Home Loan

Home Loan

EOI Loans is devoted to assisting first-time home buyers in obtaining affordable home loans throughout the country. Our extensive branch network, coupled with a digital infrastructure and social development focus, enables us to meet the changing home finance needs of marginalized communities nationwide while putting customers first.

As one of the largest housing finance companies, our aim is to provide easy access to home financing and enhance the home-buying experience for our customers through swift digital loan approval, competitive interest rates, straightforward EMIs, and prompt disbursement.

In addition, EOI Loans delivers a plethora of benefits, including home loan balance transfers, extended loan terms, zero pre-payment charges, doorstep services, and more.

Eligibility Criteria

To qualify for a home loan from EOI Loans, applicants need to provide a valid ID, proof of income, credit check authorization, property details, purchase agreement, and home appraisal. A minimum credit score and stable income are required.

Documents Required after Digital Approval

  • Aadhaar Card
  • PAN Card
  • 4 Cheques from your Salary Account
  • Current Address Proof
  • Permanent Address Proof (in case the permanent address is different from the address on Aadhaar card).
  • Home Loan EMI (Equated Monthly Installment) is a fixed amount paid by a borrower to a lender at a specified date each calendar month. EMI is used to pay off both the interest and the principal amount of a loan over a specified period. Here’s a breakdown of what it entails :

  • A Home Loan EMI Calculator is an online tool or software designed to help borrowers calculate the Equated Monthly Installment (EMI) for their home loans. This calculator simplifies the process of determining how much the borrower will need to pay each month to repay the loan over a specified tenure.

  • The digital calculator provides a transparent overview of the monthly EMI obligation throughout the duration of the home loan. It's essential to estimate your home loan repayment, as it allows you to allocate a specific portion of your monthly budget for EMIs. This approach enhances your home loan acquisition process by ensuring better financial planning.