Home Loan for Bank Salary and Cash Salary Profiles
Loan ka Sathi arranges home loans from ₹1 lakh to ₹1 crore through partner housing finance companies such as Aadhar Housing Finance Ltd. Whether your salary is credited to a bank account or received in cash, we match your profile with the right program — purchase, plot, construction, extension, balance transfer or top-up. We are a DSA; final sanction rests with the lender.
Rate of Interest by Profile
| Profile | ROI | Notes |
|---|---|---|
| Formal salaried (salary in bank) | 9.75% p.a. onwards | T&C apply |
| Cash salaried | 11.99% p.a. onwards | Cash salary considered up to ₹25,000/month |
| SENP & SEP (self-employed) | 11.99% p.a. onwards | Income assessed on banking & ITR |
Loan Types We Handle
- Home Loan (HL) — ready, resale or under-construction property
- Loan Against Property (LAP)
- Balance Transfer (BT) with Top-Up
- Plot purchase and construction loan
- House extension / renovation loan
Key Home Loan Details
- Loan amount
- ₹1 lakh to ₹1 crore
- LTV
- Up to 85–90% for corporation property (formal salaried); up to 90% on other property types
- Tenure
- Up to 30 years, subject to property age, applicant age and lender norms
- Processing fee
- Formal salaried 1.5% + 18% GST; cash salary & SENP 2% + GST
- Documents
- Latest 6 months salary slips + latest 6 months bank statement
- Cash salary
- Accepted up to ₹25,000/month — employment verified via salary slip or salary certificate
Pension and Other Income
Loans based on pension income
- Copy of pension order and 6 months bank statement
- State or Central Government pensioners
- Maximum loan tenure till 68 years of age
- Rental income — 85% considered (50% if rent is received in cash)
- Future rental income — 50% considered
- Agriculture income — 50% considered
- Tuition income — 100% if shown in the last 3 years' ITR, otherwise 50% on assessment
- Part-time income — 50% if reflected in ITR and visible as bank credit
- Running loans closing in less than 12 months are not counted as obligations
No Income Program
- Available for all the loan types listed above
- Maximum loan amount ₹25 lakh
- Maximum tenure offered, subject to property age
- Personal discussion (PD) is mandatory for cash assessment
Need a loan against your existing property instead? See mortgage loan / LAP or estimate your instalment on the EMI calculator.
Home Loan FAQs
Can I get a home loan if my salary comes in cash?
Yes. Cash salary is considered up to ₹25,000 per month, with employment verified through a salary slip or salary certificate. The rate of interest for cash-salary profiles starts from 11.99% p.a.
What is the maximum home loan tenure?
Tenure goes up to 30 years, subject to the age of the property, the applicant's age and lender norms. For pension-income cases the tenure can run till 68 years of age.
Is a home loan available on pension income?
Yes. State or Central Government pensioners can apply with a copy of the pension order and 6 months of bank statements, with a maximum tenure up to 68 years of age.
Is there a no-income-proof home loan option?
A no-income program is available for all the listed loan types with a maximum loan amount of ₹25 lakh. Personal discussion (PD) is mandatory for cash assessment and maximum tenure depends on property age.
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Apply for a home loan today
Share your salary type, property details and required amount on WhatsApp — we will suggest the best-fit lender program for you.