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Aditya Birla Housing Finance Limited

ABC Solutions

Construction Finance

Financing your dream of a Home, from foundation to finish.
Apply Now

Home Loan EMI Calculator

ROI ranges from 7 to 11

your EMI is

  • ₹
  • /Month

Check out the loan amount you are eligible for

Calculate Eligibility

About Construction Finance

The real estate developers require constant flow of funds for various construction-related work at different stages of project to ensure timely completion of projects.
Construction Finance loan is an ABHFL offering designed to meet this requirement of real estate developers across the life cycle of their proposed or ongoing construction projects against the project sales receivables. We trust in developing symbiotic relationships with the builders to create a seamless marketplace.

Features & Benefits

  • Attractive interest rates

  • Quick & transparent processing

  • Loan tenure up to 60 months*

  • Easy repayment option through Escrow mechanism with structured repayment options; ECS repayment facility

  • Pan India branch network

  • Robust service delivery model – door step services ensuring easy and fast approval & disbursal of loans

  • Attractive interest rates

  • Quick & transparent processing

  • Loan tenure up to 60 months*

  • Easy repayment option through Escrow mechanism with structured repayment options; ECS repayment facility

  • Pan India branch network

  • Robust service delivery model – door step services ensuring easy and fast approval & disbursal of loans

* Disclaimer - All loans will be at the sole discretion of ABHFL

Construction Loan Eligibility

Evaluation on the basis of the project cash flow

Construction Finance Fees and Other Charges

Construction Finance Rates

  • Home Loans : Up-to 1% of the loan amount
  • Other Loans : Up-to 2% of the loan amount
Any part pre-payments made in the last 12 months prior to closure will be counted towards the pre-closure charges (applicable for non individuals/ individuals with other than floating rate)
(applicable for non-individuals/ individuals with other than floating rate)
  • Part Payment / Pre-closure is allowed after 12 months from final loan disbursement date
  • In case of Part Payment / Pre-closure before 12 months from final loan disbursement date, lock-in period interest will be applicable

Charges

Floating rate loans given to individuals, where all applicants and co-applicants are individuals: Nil

Home Loans (other than floating rate Home Loans to individuals): 2% of principal outstanding

Loan against Property & Lease Rental Discounting: 4% of principal outstanding

Loan against Property or Lease Rental discounting (other than floating rate loans to individuals): 4% of principal outstanding
Default Penal Interest Rate / Non Conformance with any covenants / stipulated conditions
24% p.a. i.e. 2% per month
₹750/- per instance
As applicable based on actual delayed status or as communicated by the lender from time to time
CERSAI charges (You may visit the website of CERSAI for all such charges at www.cersai.org.in)
When facility amount is equal to ₹5 lacs or lesser – ₹50 per property

When facility amount is greater than ₹5 lacs – ₹100 per property
₹1,000/- per instance
₹750/- per instance
₹200/- per instance
₹750/- per instance
₹50/- per instance for Consumer and ₹500/- for Commercial CIBIL
0.50%
₹500
2% of the loan outstanding
As per actual, where applicable
Disclaimer:Above charges constitute the rack rate for all customers. Actual charges for any customer, if different, will be as communicated at the time of loan sanction and disbursal and would be subject to changes from time to time.​​

Documentation

  • 1. Application Form
    Salaried / Self Employed / Professional / Partnership / Company
    Duly filled Application Form
    2. Proof of Identity and Address
    Salaried / Self Employed / Professional / Partnership / Company

    Click here to view the list of documents required.

    2. Proof of Income
    Salaried
    Latest 3 months’ salary slip showing all deductions and Form 16
    Self Employed or Professional
    IT Returns or financial documents for last 2 years and computation of income certified by a CA for last 2 years
    4. Mortgage Deed
    Salaried / Self Employed / Professional / Partnership / Company
    Mortgage deed related to project land and construction thereon
    5. Statutory approvals
    Salaried / Self Employed / Professional / Partnership / Company
    Copy of all statutory approvals regarding project
    6. Proof Of Income
    Salaried / Self Employed / Professional / Partnership / Company
    Income/Cash flow to establish source of repayments

What do we offer?

  • Home Loan

Your home is where you build memories with your loved ones. It’s your own little piece of heaven. ABHFL presents a home loan, especially designed just for you.

  • Home Extension Loan

Home Extension Loan is useful when you want to add more space to your existing home. We make it easy for you to extend your existing residential property as per your requirements.​​

  • Home Improvement Loan

A home is usually said to be a reflection of its owner. You can now spruce up your home and make renovation a milestone as memorable and enjoyable as home buying. With ABHFL Home Renovation Loans you can upgrade your existing home to a contemporary design and a more comfortable living space.​​

  • Loan Against Property

This is a loan borrowed by placing one's owned property as collateral. The funding may be given by financial institutions after scrutinising the validity of the said property and its current market value.

Your home is where you build memories with your loved ones. It’s your own little piece of heaven. ABHFL presents a home loan, especially designed just for you.

Home Extension Loan is useful when you want to add more space to your existing home. We make it easy for you to extend your existing residential property as per your requirements.​​

A home is usually said to be a reflection of its owner. You can now spruce up your home and make renovation a milestone as memorable and enjoyable as home buying. With ABHFL Home Renovation Loans you can upgrade your existing home to a contemporary design and a more comfortable living space.​​

This is a loan borrowed by placing one's owned property as collateral. The funding may be given by financial institutions after scrutinising the validity of the said property and its current market value.