Home Loan in Delhi

Apply for a Home Loan in Delhi to enjoy attractive interest rates with flexible EMI Options

Housing Loan in Delhi

Delhi, the Capital City of India, offers limitless opportunities, good connectivity and is just half an hour away from the IT hub, Gurgaon. It attracts thousands of people who want to settle down in Delhi to have a better life. Getting a new home in Delhi might feel nerve-wracking. But with Navi, you can get a home loan in Delhi in a 100% paperless manner.

Navi offers one of the best home loan interest rates in Delhi. All you have to do is download the Navi app and apply. Get home loans at attractive interest rates starting from 7.39% p.a. with flexible EMI options of up to 30 years.

Delhi boasts a diverse culture and has something to offer to everyone. The city is home to several gardens, historical monuments and architectural wonders that make it a beautiful city to live in. Many MNCs and Government offices have their headquarters in Delhi, which makes it one of the most important business hubs of our country. If you are looking for a home in Delhi, Navi will be with you throughout the process.

Home Loan in Delhi Details

Getting a home loan with Navi is extremely convenient and easy. Navi offers home loans up to ₹5 crore with no hidden charges, which makes Navi one of the best home loan providers in Delhi. Here are the details of Navi Home Loan:
Loan AmountUp to ₹5 Crore
Loan TenureUp to 30 Years
Interest Rate7.89%
Processing FeeNil

Home Loan in Delhi – Features & Benefits

The features and benefits of Navi home loans have been discussed below:
No more long waiting times. Get instant loan approvals with Navi
The entire process is paperless. Just download the Navi app and apply
Navi home loans come with attractive interest rates, starting from 7.89% p.a.
Enjoy flexible EMI options with a repayment tenure of up to 30 years
Navi does not charge any processing fee. Get the exact loan amount
Navi does not mandate buying a home insurance policy

Home Loan in Delhi – Features & Benefits

HL City Features&Benefits

Home Loan Interest Rate in Delhi & Other Charges

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Home Loan Interest Rate in Delhi & Other Charges

Navi offers home loans at attractive interest rates. No hidden charges are applied, making Navi one of the best home loan companies in Delhi. Here are the details of Navi Home Loan:
Navi provides home loans at attractive interest rates starting from 7.89% p.a.
Navi does not charge any processing fee. Get the exact loan amount
Close your loan early. Navi does not charge any foreclosure charges

Home Loan EMI Calculator

Navi makes it easier and quicker to get a home loan in Delhi. But, before availing of a home loan, it is advisable to plan your EMIs. This will help you manage your finances better. One of the easiest ways to know your EMI is using the Navi Home Loan EMI Calculator. All you have to do is enter your loan tenure, amount and interest rate. The estimated EMI will be displayed on the screen within seconds.

Another option is to calculate your EMIs manually. The

formula is:
EMI = [P x R x (1+R)^N / [(1+R)^N-1]
Where, P = Principal loan amount, N = Loan tenure in months, R = Monthly interest rate
The rate of interest on your home loan is calculated monthly.

For example, say you have taken a home loan of ₹40 lakh at an interest rate of 7.39% and tenure is 20 years. Your EMI would be:

EMI = [P x R x (1+R)^N / [(1+R)^N-1] = [40,00,00 x 0.00615 x (1+0.00615)^240 / [(1+0.00615)^240-1] = ₹31,955

Loan Amount

Rate of Interest (P.a)

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Loan Tenure (Years)

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Monthly EMI

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Total Interest

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Home Loan Amortization

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How to Apply For Homeloan In Bangalore?

Hl City How2Apply

How to Apply for Home Loan in Delhi

Here are the steps to apply for a home loan in Delhi via the Navi app:
Download and instal the Navi app from the Play Store or App Store
Enter your name, date of birth and email
Enter your employment details such as monthly salary, company name, PAN card, etc.
Select the city you live in
Complete your KYC verification with PAN, Aadhaar and bank statement
Get provisional loan sanction letter

Housing Loan Eligibility in Delhi

Any resident Indian is eligible to apply for a housing loan in Bangalore with Navi
Any salaried or self-employed individual can apply for a home loan with Navi
Any individual between the age of 25 and 62 years can apply for a home loan in Bangalore with Navi

Housing Loan Eligibility in Delhi

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Documents Required for Home Loan in Delhi

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Documents Required for Home Loan in Delhi

Home loan with Navi requires minimal documentation. To complete the KYC verification, you need to provide:

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Enjoy attractive interest rates starting at 7.89% p.a. with flexible EMI options.

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Frequently asked questions

When choosing the best home loan provider in Delhi, you should do thorough research and consider the most affordable one for you. Navi is one of the best home loan providers in Delhi. Navi lets you choose your repayment tenure, and there are no prepayment charges as well if you wish to foreclose your loan before the end of the term. Navi home loans have zero processing fees and come with attractive interest rates, starting from 7.89% p.a.
An in-principal approval, also known as approval-in-principal, is a commitment by a lender to a borrower that they will offer a loan even before the borrower has decided on any property. Upon getting this approval for a loan, the borrower may begin looking for a suitable property. However, this offer is only valid for a limited period of time and can be taken back if the lender finds any discrepancies.
Yes, you can get a home loan in Delhi even if you have a low credit score. However, a lender will consider all other factors, such as monthly income, and the interest rate is usually high for applicants who have poor credit scores. Some lenders may even reject an application in such cases. Hence, try to improve your credit score before applying.
A pre-EMI is the payment of only the interest component when a lender partially disburses the loan to the borrower. This continues until full disbursal of the loan amount and is lower in value as it is only the interest payable.
You can get a top-up loan facility if you have an existing home loan for which you always pay the EMIs on time. You will get a top-up loan of the amount repaid, and minimal to no documentation is required for the same. You can use this fund for various purposes.

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