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Aditya Birla Housing Finance Limited

ABC Solutions

MICRO CF

Faster, Smarter, Affordable Real Estate Construction Solutions

Home Loan EMI Calculator

ROI ranges from 8.6 to 20

Your EMI is

  • ₹
  • /Month

Check out the loan amount you are eligible for

Calculate Eligibility

Apply for MICRO CF

In the ever-evolving landscape of real estate development, time is of the essence. Micro Construction Finance is designed to fast-track the construction of residential projects, empowering you to create thriving communities quickly and cost-effectively.

Features of MICRO CF

  • Loan amount up to 5 Crores

  • Loan tenure up to 10 years

  • Repay the loan from Project sales receivables

  • Loan available for Plot purchase and Construction

  • Loan amount up to 5 Crores

  • Loan tenure up to 10 years

  • Repay the loan from Project sales receivables

  • Loan available for Plot purchase and Construction

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

Key Benefits of MICRO CF

  • Easy access to funds across Project stages

  • Enables Home Loan solutions for your potential buyers

  • Faster delivery of project with availability of funds

  • Visibility of the project

  • Easy access to funds across Project stages

  • Enables Home Loan solutions for your potential buyers

  • Faster delivery of project with availability of funds

  • Visibility of the project

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

Mini CF Calculation Simplified

Value (in lakhs) Scenario 1 Scenario 2 Scenario 3
Plot- Market value (A) 300 200 400
Construction estimate (B) 350 400 200
Total Cost (A+B) = C 650 600 600
Per Unit cost (assuming 10 units) 75 75 70
Sales Receivables of the project (D) 750 750 700
Value (in lakhs) Scenario 1 Scenario 2 Scenario 3
For Plot purchase 150 100 140
For Project Construction 245 280 140
Total Loan amount 395 380 280
Overall LTV 61% 63% 47%

For Plot Purchase

  • LTV applicable will be 50% of the Market Value
  • Eligibility calculation basis Cash profit method with applicable FOIR
  • Plot purchase loan amount cannot exceed 50% of total loan amount

For Project Construction

  • LTV applicable 70% of Construction Cost
  • Calculation basis of the available sales receivables in the project. 70% of sales receivables

Home Loan FAQs

A home loan is a type of a secured loan that is availed by a user from financial institutions to purchase a house. A house loan is repaid by paying regular equated monthly installments (EMI) which includes of a part of the principal taken as a loan and the interest accrued.
You can apply for our housing loans through various options:

  • Download the home loan application form from our website
  • Submit the duly filled form to your nearest branch
  • Pay home loan processing fee
  • Get home loan approval
Aditya Birla Housing Finance provides home loans starting at an interest of 8% p.a. It offers home loan tenure as long as 30 years and maximum loan can be up to 90% of property's cost.
There is no minimum amount of housing loan. The minimum amount is subject to changes as per internal policies and guidelines of ABHFL.
As per sections 80C, 24(b) and 80EEA of the Income Tax Act, you are eligible to receive tax benefits on repayment of home loan principal and interest of your home Loan. Please consult your tax advisor for details.
Given below are some of the crucial factors that determine your home loan eligibility:

  • Income of all applicants.
  • Age of the primary applicant
  • Other income, existing EMIs
  • Stability and continuity of the primary applicant's occupation
  • Repayment Capacity
  • Credit Score
Yes, based on your income eligibility, we can offer you PNI (Property Not Identified) Sanction Letter for your home loan. You can identify the property you need to buy based on this document. The final sanction of your home loan will be based on the assessment of the identified property. However, if the property is under construction, kindly speak to your assigned sales manager for acceptability.
ABHFL’s home loan application procedure is simple. Given below is a guide to home loan application process-

  • Step 1: Home Loan Application
  • Step 2: Loan Document Submission
  • Step 3: Legal & Technical Verification
  • Step 4: Home Loan Approval
  • Step 5: Home Loan Sanction
  • Step 6: Home Loan Disbursement
The following types of home loans are provided in India by Housing Finance Institutions:

1. Home Construction Loan
2. Home Loan for Plot Purchase and Construction
3. Home Extension Loan
4. Home Renovation Loan
5. Construction Finance
6. Loan Against Property
ABHFL offers home loan tenure as long as 30 years and maximum loan can be up to 90% of property's cost.
Housing loans are processed within 15 working days of completing the documentation as required by ABHFL.
All the co-owners of the residential property can be co-applicants to the housing loan.
You may prepay your housing loan before your home loan tenure is completed. Please note that there may be some prepayment charges on home.
No. You don’t require a guarantor for your housing loan. You will need a home loan guarantor in specific situations given below:

  • If the primary applicant has a weak financial position
  • If the applicant wants to borrow a housing loan which is more than his eligibility
  • If the applicant is earning less than the required minimum income
A home loan provisional certificate is your home loan account given by your lender. Home loan provisional statement is a summary of the principal amount and interest repaid by you towards your house loan for the given financial year.
Taking Home loan insurance is not compulsory. It is however suggested that you may take insurance to protect yourself against any unexpected circumstances.

Video

ABFL helped me grow my business
I could fulfill orders to a new client because of the loan I took. Now that client is one of my biggest sources of revenue
Sumit Pande, Indore
ABFL helped me grow my business
I could fulfill orders to a new client because of the loan I took. Now that client is one of my biggest sources of revenue
Sumit Pande, Indore
Learn more about SME Loans
video-img-our-customer
ABFL helped me grow my business
I could fulfill orders to a new client because of the loan I took. Now that client is one of my biggest sources of revenue
Sumit Pande, Indore
Learn more about SME Loans

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 Construction Loan

A plot plus construction loan is primarily meant for those who want to purchase a plot and build a house on that piece of land within the next few years. This kind of loan is disbursed in various installments.​​

  • 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.

  • Step-Up Home Loan

For Young & Budding Professionals, Pay lower EMI Initially and EMI to increase with expected growth in salary for balance tenure.

  • Step-Down Home Loan

Salaried customer having pension income post retirement or joint home loan with one of the coborrower retiring in short time, Pay higher EMI up to retirement and Lower EMI subsequently till balance tenure of the loan.

  • Extended tenure Home Loan

For Senior salaried professionals working in top corporates nearing retirement, Flexibility of Longer repayment periods with reduced EMI.

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.

A plot plus construction loan is primarily meant for those who want to purchase a plot and build a house on that piece of land within the next few years. This kind of loan is disbursed in various installments.​​

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.

For Young & Budding Professionals, Pay lower EMI Initially and EMI to increase with expected growth in salary for balance tenure.

Salaried customer having pension income post retirement or joint home loan with one of the coborrower retiring in short time, Pay higher EMI up to retirement and Lower EMI subsequently till balance tenure of the loan.

For Senior salaried professionals working in top corporates nearing retirement, Flexibility of Longer repayment periods with reduced EMI.