AU Home Construction Loan

There are two ways to apply:

AU Bank website

AU Bank branch

• Indian Resident
• Minimum age – 21 years
• Maximum age – 70 years at maturity
• Minimum Home Loan tenure – 1 Year
• Maximum Home Loan tenure – 20 years
• Minimum loan amount – INR 2,00,000

Identity, age and address proof
1. Valid Passport
2. Voter ID Card
3. Aadhaar Card
4. PAN card
5. Valid Driving License

For the complete list of acceptable KYC documents, please contact the nearest AU Small Finance Bank branch

Income proof
Salaried
1. Salary Slips/ Bank Statements/ Form-16
2. Salary Certificate (cash salaried cases)
Self-Employed
1. IT Returns and/ or Financial Statements of the last 3 years
And/ Or
2. Informal Income Documents

Other documents 1. Application form with photograph duly signed
1. Application form with photograph duly signed
2. Processing fee cheque
3. Proof of business existence
4. Last 6 months bank statements

Property related documents
1. Title deeds of the plot
2. Proof of no encumbrances on the property
3. Construction estimate by an Architect / Civil engineer

Please go through the Schedule of Charges for further details.

Home Loan vertical is one of the retail product serving the purpose of loan funding to an individual or an entity for the purpose of purchase/ construction/ upgradation of residential property or acquisition of land and construction to be used for residential purposes.

You can apply for a Home loan from Au Small Finance Bank through our website (www.aubank.in). Or, you could visit the nearest branch of AU Bank to submit your application for a loan.

Repayment can be done through Standing Instructions (SI), Post-dated Cheques (PDC), NACH or other electronic banking remittances mode.

Installment schedule is normally equated monthly installments (it could be quarterly or Half yearly in case of Tractor loans) subject to the terms & conditions of the repayment schedule and Repayment instrument for EMI will be presented (as per registered repayment mode) on EMI Due date as specified in the schedule/sanction letter. To overcome operational issues ,holidays etc., It is advised to keep sufficient balance in bank accounts 2-3 days prior to due date of EMI ,for clearance of EMI on due dates ,to avoid penal Interest and other charges and avoid delinquency status. and further schedule can be tailored to customer's specific requirement at AU Small Finance Bank’s discretion. We do not allow balloon repayments or step up structures

Customer can avail Home Loan for variety of purpose that includes but not limited to,

• For the purpose of purchasing the Home/Flat.
• For the purpose of Renovation.
• For the purpose of Construction of Home.
• For the purpose of Balance transfer of running Home Loan to AU Bank.

• Home Purchase
• Home Refinance
• Home Improvement
• Home Construction
• Land Purchase + Construction
• HL Balance Transfer
• Loan Against Property
• Commercial Property Purchase