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Vridhi Finserv Home Finance Limited (formerly Vridhi Finserv Limited), a Bengaluru-based Housing Finance Company (HFC) registered with the National Housing Bank (NHB) and incorporated in 2022, is dedicated to making homeownership accessible across India. As an NHB-regulated entity, Vridhi Finance adheres to robust financial guidelines, ensuring trust and transparency for its customers. We specialize in providing tailored home loan solutions, particularly for the unserved and underserved segments of society.
Vridhi Finance offers a comprehensive range of home loan products designed to meet diverse needs, ensuring your journey to homeownership is smooth and supported.
At Vridhi Finance, we strive to offer competitive home loan interest rates. As of November 2026, our rates are structured to be accessible for a wide range of applicants:
Please note that the final interest rate for your Vridhi Finance home loan will depend on various factors including your credit score (CIBIL score), income stability, loan amount, and tenure.
Vridhi Finance actively supports the Pradhan Mantri Awas Yojana - Credit Linked Subsidy Scheme (PMAY-CLSS), a flagship initiative by the Government of India to promote affordable housing. Eligible applicants can avail significant benefits:
Vridhi Finance is committed to financial inclusion, offering flexible eligibility criteria and simplified documentation, especially for individuals with informal income sources.
Vridhi Finance was incorporated in 2022 with a clear vision to target the unserved and underserved segments of the Indian population. We bridge the gap for individuals who may find it challenging to access traditional housing finance due to informal income, lack of extensive credit history, or limited documentation. Our approach is customer-centric, providing personalized support to help you navigate the home loan process.
Experience convenience with Vridhi Finance's dedicated doorstep application support. Our representatives are available to assist you through every step of your
As of November 2026, Vridhi Finance home loan interest rates start from 11.50% p.a. Your final rate will depend on factors such as your CIBIL score, income stability, loan amount, and tenure.
Vridhi Finance aims to make homeownership accessible, particularly for unserved and underserved segments, including informal income earners. Eligibility typically considers your income stability, credit profile, and the property's value. Specific criteria may apply for schemes like PMAY-CLSS.
You can secure a Vridhi Finance home loan of up to Rs.25 lakh, covering up to 80% of the property's market value. The maximum repayment tenure extends up to 12 years.
Vridhi Finance aims for minimal documentation, especially for informal income earners. Generally, you will need identity proof, address proof, income documents, and property-related papers. A detailed list will be provided based on your profile and loan type.
Your Equated Monthly Installment (EMI) is calculated based on your loan amount, interest rate, and chosen tenure. A longer tenure, up to 12 years, generally results in lower, more manageable EMIs.
Yes, Vridhi Finance offers a Home Loan Balance Transfer facility. You can transfer your existing home loan from another bank or HFC to potentially benefit from lower interest rates or better terms.
Vridhi Finance strives for efficient processing to make homeownership accessible. The typical approval and processing time depends on the completeness of your documentation and the complexity of your application. Our team will guide you through each step.
Unlock your dream home with Vridhi Finance's flexible and competitive home loan solutions. Designed to meet the diverse needs of both salaried and self-employed individuals across India, our home loans offer attractive interest rates, convenient repayment options, and a streamlined application process. Explore the key features and eligibility criteria for Vridhi Finance Home Loans in 2026 below, tailored to help you make an informed decision for your home ownership journey.
| Feature | Details for Vridhi Finance Home Loan |
|---|---|
| Interest Rate |
Vridhi Finance offers competitive home loan interest rates ranging from 11.50% to 20.00% p.a. The weighted average interest rate for our customers is 14.89% p.a. Your specific interest rate will be determined based on your individual credit profile, CIBIL score, income stability, loan amount, and the type of property. We offer both fixed and floating rate options to suit your financial planning and market preferences. |
| Processing Fee |
A processing fee of up to 2-3% of the loan amount + applicable GST is charged. There is a minimum non-refundable fee of Rs.3,000. This fee covers the administrative costs associated with application processing, documentation verification, and credit assessment. |
| Maximum Loan Amount |
You can avail a Vridhi Finance Home Loan for up to Rs.25 lakh. For applicants eligible under the Pradhan Mantri Awas Yojana (PMAY) scheme, we offer an attractive 80% Loan-to-Value (LTV) ratio, helping you finance a larger portion of your property value. The final loan amount depends on your repayment capacity, property valuation, and other eligibility criteria. |
| Repayment Tenure |
Enjoy comfortable Equated Monthly Installments (EMIs) with a flexible repayment tenure of up to 12 years (144 months). A longer tenure can significantly reduce your monthly EMI burden, making home ownership more affordable and manageable. |
| Applicant Age |
Applicants must be between 21 years (minimum) and 65 years (maximum) at the time of loan maturity. This age criterion ensures that the borrower has sufficient earning years to comfortably repay the home loan without undue financial strain. |
| Approval & Disbursal Time |
Vridhi Finance aims for a swift and efficient process, with home loan approval and disbursal typically completed within 7-15 working days. Providing complete and accurate documentation upfront can significantly expedite this timeline, ensuring a faster path to your new home. |
| Prepayment Charges |
A significant benefit of Vridhi Finance Home Loans is Nil prepayment charges. This means you will incur no penalties for either foreclosure (closing the loan early) or making part-payments towards your principal amount. This policy offers you complete financial flexibility, aligning with RBI guidelines for floating rate home loans. |
| Eligibility (Salaried Applicants) |
For salaried individuals, the key eligibility criteria include a minimum monthly income of Rs.15,000+ and at least 1 year of stable employment. A healthy CIBIL score of 650+ is generally required, though we consider applications with slightly lower scores if there is a strong justification (e.g., stable employment history, co-applicant with good score, lower existing debt-to-income ratio). |
| Eligibility (Self-Employed Applicants) |
Self-employed individuals need to demonstrate a minimum of 2 years in their current business. Vridhi Finance is inclusive, accepting surrogate proofs of income (e.g., bank statements, GST returns, business registration, utility bills) instead of strict ITRs for those in the informal sector. A CIBIL score of 650+ is preferred, with flexibility for justified cases, ensuring broader access to home financing. |
Vridhi Home Finance home loan interest rate is floating, linked to the company's internal benchmark (RBI repo at 6.50% as of November 2026), with spreads adjusted for credit profile, income, and PMAY status—ranging from 11.50% p.a. minimum to 20.00% p.a. maximum (mean 15.66%, weighted average 14.89% p.a. for Q1 FY26 loans). For salaried with CIBIL 650+ on loans ≤Rs.10 lakh, rates are 12.00%-15.00% p.a.; self-employed or informal income applicants see 15.00%-18.00% p.a. PMAY-CLSS subsidy (6.50% on Rs.6 lakh for EWS/LIG, income <Rs.6-12 lakh) reduces effective rate to ~5.50%; daily reducing balance applies, with no fixed rate option.
|
Borrower Category |
Interest Rate |
Max Rate |
Key Influencing Factors |
|
Salaried (CIBIL ≥650) |
12.00% |
15.00% |
Stable income, ≤Rs.10 lakh loan, PMAY eligibility |
|
Self-Employed/Informal |
15.00% |
18.00% |
Surrogate proofs (bills/statements), business vintage |
|
Balance Transfer/Top-Up |
13.00% |
16.00% |
Existing repayment history, add-on ≤20% |
|
PMAY EWS/LIG |
12.00% (effective ~5.50%) |
15.00% |
Income <Rs.12 lakh, property ≤Rs.45 lakh |
|
Bank |
Starting Rate (p.a.) |
Processing Fee |
Max Tenure |
|
Vridhi Home Finance |
12.00% |
Up to 2-3% |
12 years |
|
State Bank of India (SBI) |
7.50% |
Up to 0.35% |
30 years |
|
8.15% |
0.5%–1% |
30 years |
|
|
8.75% |
0.5%–1% |
30 years |
For a Rs.10 lakh loan over 12 years at 14.89% (weighted avg), EMI is Rs.13,200—Rs.4,000 higher monthly than SBI's 7.50%, but PMAY subsidy saves Rs.1.5 lakh+ for EWS, and informal income acceptance aids underserved borrowers.
Vridhi Home Finance home loan calculator at vridhihomefinance.com/emi-calculator computes EMI, eligibility, and PMAY subsidies—input amount, rate (11.50%-20.00%), tenure for amortization and tax benefits (Rs.1.5 lakh u/s 80C + Rs.2 lakh u/s 24b).
Loan Amount: Rs.10 lakh
Interest Rate: 14.89% p.a. (weighted avg)
Tenure: 12 years
|
Monthly EMI |
Total Interest Payable |
Total Amount Payable |
|
Rs.13,200 |
Rs.8.96 lakh |
Rs.18.96 lakh |
Reduce to 10 years: EMI Rs.15,200, saves Rs.2.4 lakh interest; PMAY adds Rs.1.5 lakh subsidy for EWS.
|
Charge Type |
Amount |
|
Processing Fee |
Up to 2-3% + GST (min Rs.3,000 non-refundable) |
|
Legal & Valuation Fee |
Rs.3,000–Rs.5,000 (actuals) |
|
CERSAI Registration |
Rs.500 |
|
Stamp Duty (MODT) |
0.1%–0.3% (state-specific) |
|
Prepayment (Floating Rate) |
Nil |
GST at 18%. Total <4%; no commitment fees, PMAY reduces processing by 50%.
● Age: 21–65 years
● Rs.15,000+ monthly net income
● 1 year in current job
● CIBIL: 650+ (700+ for lowest rates)
● Age: 23–65 years
● 2 years business
● Surrogate proofs (bank statements/utility bills); informal income accepted (no ITR for <Rs.10 lakh)
● CIBIL: 650+ (low scores funded via alternative assessment)
80% LTV for PMAY; co-applicants (up to 4) enhance; no guarantor.
|
Service |
Contact Details |
|
Helpline (9AM-6PM) |
+91 83101 67101 |
|
Email for Queries |
care@vridhihomefinance.com |
|
Grievance Redressal |
cgro@vridhihomefinance.com |
|
Branch Hours |
10 AM–6 PM (Mon-Sat) |
Login to vridhihomefinance.com/customer-portal with ref no./mobile OTP—track stages: Submitted, Verified, Sanctioned, Disbursed. Email care@vridhihomefinance.com for updates (48-hour response); visit branch with ID for in-person status.
Salaried applicants require a minimum Rs.15,000 monthly net income, while self-employed or informal earners are assessed via surrogate proofs (e.g., bank statements/utility bills) without a strict ITR threshold for loans <Rs.10 lakh. The company evaluates based on 50% debt-to-income ratio for EMI affordability up to Rs.25 lakh; PMAY-eligible EWS/LIG (<Rs.12 lakh/year) get priority, with co-applicants (up to 4) increasing limits by 20-30%.
NRIs qualify with 2+ years overseas employment, valid visa, and NRE proofs, at rates starting 13.00% p.a. with 80% LTV via power of attorney. Submit attested salary slips and overseas address; contact customer care for NRI desks, with disbursal in 10-15 days.
Yes, PMAY-CLSS offers 6.50% interest subsidy up to Rs.2.67 lakh on loans ≤Rs.12 lakh for EWS/LIG (income <Rs.12 lakh/year, property ≤Rs.45 lakh). Eligibility requires Aadhaar-seeding; the company handles doorstep claims, reducing effective rate to ~5.50% and saving Rs.1-2 lakh annually on EMIs.
Balance transfer at 12.00%-15.00% (1% lower than originators) requires 12-month statements and NOC, with up to 2% processing fee. It includes top-up up to 20% original for renovations; processing takes 7-10 days, saving Rs.2,500+ monthly on Rs.10 lakh loans.
With affordable housing focus amid 11% price rise in tier-II cities 2026 (NHB data), Vridhi Home Finance home loan interest rate calculator processing fee requirements application process customer care status empowers underserved with PMAY doorstep subsidies, informal income acceptance, and no prepay fees—financing 10,000+ families yearly. Ideal for Rs.5-25 lakh journeys. Apply at vridhihomefinance.com or email care@vridhihomefinance.com.
