Generally, any salaried or self-employed individual with a stable income, good credit history, and the legal capacity to contract can apply for a home loan. Specific eligibility criteria, such as age, income, employment type, and credit score, may vary between lenders.

The loan amount you can get depends on several factors, including your income, repayment capacity, credit score, age, and property value. Lenders typically provide loans up to 80%-90% of the property’s market value.

Home loan interest rates can vary depending on the lender, the loan amount, the tenure, and the borrower’s credit profile. Rates are generally classified as either fixed or floating (variable). Fixed rates remain constant throughout the loan tenure, while floating rates can change based on market conditions.

The tenure or repayment period for a home loan usually ranges from 5 to 30 years. Longer tenures result in lower monthly payments but higher overall interest payments, whereas shorter tenures have higher monthly payments but lower total interest costs.

Required documents typically include proof of identity (Aadhaar card, PAN card, passport), proof of income (salary slips, bank statements, income tax returns), proof of residence, property documents, and photographs. The exact documents required may vary depending on the lender and the applicant’s profile.