Construction Loan

Swift and Reliable Construction Loans

At IRA Financial Services, we make building your dream project easier than ever. Our construction loan services are designed to offer you competitive rates and flexible terms, making the process of financing your construction project as smooth as possible. We partner with top reputed banks to provide you with the best financing options tailored to your construction needs.

Our expert team guides you through every step, from application to approval, ensuring a hassle-free experience. With access to loans from the most trusted financial institutions, you can be confident that you’re making a secure and informed decision. Let us help you turn your construction vision into reality with the swift and reliable support you deserve.

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Your Construction Dreams, Made Easy!

At IRA Financial Services, we specialize in turning your construction projects into reality with ease. Our dedicated Construction Loan services are tailored to meet your specific needs, offering flexible repayment options and competitive interest rates from top reputed banks.

Approvals (2019)

Approvals (2023)

Approvals (2024)

Why Choose IRA Fin Serve?

Choose Us for expert guidance, competitive rates, personalized loan solutions, and trusted partnerships with leading banks.

Best Mortgage Rates Guaranteed

Unlock the best mortgage rates guaranteed with IRA Fin Serve – personalized solutions and unbeatable offers from top banks.

At IRA Fin Serve, we are dedicated to providing exceptional financial services that meet your unique needs. With our commitment to quality, we ensure you receive personalized solutions designed for success. Trust us to make your financial journey seamless, efficient, & tailored to your goals.

Bring Your Vision to Life with Our Hassle-Free Construction Loan Solutions!

Discover flexible terms and competitive rates from top banks to finance your construction project, whether residential, commercial, or industrial.

IRA Fin Serve has tie-ups with leading banks, allowing us to offer unbeatable home loan options at competitive rates with flexible EMIs. Whether you’re building a new home, extending your existing space, or upgrading with home improvements, our tailored solutions cover it all. We also provide specialized home loans for NRIs looking to invest in property in India. With IRA Fin Serve, your dream home is just a step away.

Get All Types of Loans from Leading Banks with Our Expert Loan Brokerage Services

From Home Purchase to Mortgage, We’ve Got You Covered!

Get the best rates and flexible terms from top banks. Fast, easy, and reliable loan solutions!

Eligibility Criteria for Construction Loan in Bangalore

Leading financial institutions in Bangalore evaluate several key factors to determine your eligibility for a Construction loan:

Age: Applicants must be between 18 to 65 years old.
Profession: Both salaried employees and self-employed individuals can apply for a home loan.
Annual Income: Salaried individuals should have a minimum income of ₹1,80,000, while self-employed individuals should earn between ₹1,80,000 to ₹3,00,000 annually.
Occupational Stability: Salaried individuals need at least 2 years of work experience, while self-employed individuals should have been in business for at least 3 years.
Credit Score: A strong credit score will increase the chances of quick approval and better loan terms.

Typical Interest Rates for Home Loans in Bangalore

Several financial institutions offer construction loans in Bangalore, with popular choices being ICICI Bank, SBI, and HDFC.

ICICI Bank: Processing fee of 0-5%, tenure of 3-30 years, with interest rates ranging from 8.65-10.35%.
SBI Bank: One-time processing fee of 35%, interest rates between 8.55-9.25%, with a tenure of 1-30 years.
HDFC: Interest rates of 6.95-7.85%, tenure of up to 30 years, and a processing fee of up to 0.5%.

Each bank offers unique terms to cater to diverse financial needs. Choose the one that fits your requirements best!

Category	Salaried Individuals	Self-Employed Individuals	NRI Applicants
Required Documents	Form 16 Employee ID Card Last 3 Months’ Salary Slips 6 Months’ Bank Account Statement Proof of Employment Duration	PAN Card Trade License/Partnership Deed Articles & Memorandum of Association Audited Financial Statements Professional License (for Doctors, Consultants, etc.) 6 Months’ Bank Account Statement Business Address Proof	Income Proof Property Papers (Sale Deed, Allotment Letter, NOC) Bank Account & Payment Receipts Construction Cost Estimate Share Certificate (for resale properties)