welcome to Orange City Housing Finance Ltd
About Purchase Home Loan
Owning a home is a matter of great pride. Everything you need to know to avail home loan is right here. We believe that when it comes to home nothing should come in way. Thus you can assured of fair terms, transparency and Flexibility.
Amount of Loan
You can avail a Home Loan not exceeding 80%* of the cost of property / estimate for loans upto 20 Lakhs and should not exceed 75% of the cost of property / estimate for loans above 20 Lakhs. Factors that would be considered :
- Repayment Capacity
- Stability and Continuity of Income
- Assets & Liabilities
- Business Profile
- Co-applicant's Income
- Guarantors
Loan Tenure & EMI
The tenure of your Home Loan ranges from 1 to 20 years. The term of loan however does not extend beyond 75* years age of the customer. The size of EMI depends on:
- Quantum of loan
- Interest rate applicable
- Loan tenure
Special Payment Schemes
One can enjoy the exclusive 'Regressive Payment Scheme' if one is a home loan seeker due for retirement within the term of the loan and have applied jointly with an eligible One Younger co-applicant.
