Home Construction Loan Overview
LoanPao’s home construction loans in India 2025 empower you to build your dream home on your owned plot. Designed for Indian residents, these loans offer competitive rates starting at 8.5% p.a., flexible repayment tenures up to 20 years, and disbursal in stages based on construction progress. Partnered with 500+ RBI-compliant lenders, LoanPao ensures a seamless borrowing experience with fast approvals and expert guidance.
Unlike standard home loans, construction loans are tailored for building a new house, covering costs like materials, labor, and approvals. For home purchase loans, visit our Home Loan page.
Benefits of LoanPao’s Home Construction Loans
High Loan Amounts
Borrow up to ₹10 crore based on plot value and construction cost.
Low Interest Rates
Rates starting at 8.5% p.a. with government subsidies for eligible applicants.
Flexible Tenure
Repay over up to 20 years to ease financial burden.
Fast Approvals
Loan sanctions within 5–10 days for timely construction.
Trusted Lenders
Access 500+ RBI-compliant banks and NBFCs.
Secure Process
SSL encryption and transparent terms protect your data.
Eligibility Criteria
| Criteria | Details |
|---|---|
| Age | 21–60 years (65 at loan maturity) |
| Residency | Indian citizen with valid KYC |
| Income | Minimum ₹3 lakh p.a. (salaried/self-employed) |
| CIBIL Score | 750+ (co-applicant optional) |
| Property | Owned plot with clear title |
| Loan Amount | Up to 80% of construction cost or plot value |
Check your eligibility with our CIBIL login tool or contact info@loanpao.in.
Documents Required
- Identity Proof: Aadhaar, PAN, Passport, or Voter ID
- Address Proof: Utility bill, Aadhaar, or rental agreement
- Income Proof: Salary slips (3 months), ITR (2 years), or business financials
- Property Documents: Plot title deed, approved building plan, NOC from authorities
- Construction Estimate: Detailed cost breakdown from architect/contractor
- Bank Statement: Last 6 months
- Passport-size photographs (2–3)
How to Apply for a Home Construction Loan
Applying with LoanPao is straightforward:
- Fill out the online application form with personal and property details.
- Submit KYC, income, and property documents.
- LoanPao matches you with 500+ lenders for the best rates.
- Property valuation and construction plan verification by lender.
- Receive funds in stages post-approval (5–10 days).
Start your application or call +91-971-769-5334 for assistance.
Compare Home Construction Loan Providers
| Provider | Interest Rate (p.a.) | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| Bank A | 8.5–9.5% | ₹5 lakh–₹5 crore | 5–20 years | 0.5–1% |
| Bank B | 9–10% | ₹10 lakh–₹10 crore | 3–15 years | 0.75–1.5% |
| NBFC C | 9.5–11% | ₹3 lakh–₹7 crore | 5–10 years | 1–2% |
Note: Rates and terms are indicative and subject to change. Contact LoanPao for updated offers.
Interest Rates and Tenure
Home construction loan interest rates range from 8.5% to 11% p.a., depending on the lender, CIBIL score, and loan-to-value (LTV) ratio (up to 80%). Tenure options extend up to 20 years, allowing affordable EMIs. Use our EMI Calculator to plan repayments.
Why Choose LoanPao for Home Construction Loans?
Wide Lender Network
Access 500+ RBI-compliant lenders for competitive offers.
EMI Planning
Plan repayments with our EMI calculator.
Expert Support
Contact us at +91-971-769-5334 or info@loanpao.in.
Frequently Asked Questions
Apply for Your Home Construction Loan
Start building your dream home with LoanPao’s home construction loans. Apply now or use our EMI Calculator to plan your finances. Contact us at +91-971-769-5334 for personalized guidance.
Apply NowApply for a Home Construction Loan
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