Build your home with ease! Get competitive rates, flexible repayment, quick approvals, and stage-wise disbursement with minimal documentation.
Quick
Loan
Approval
Interest Rates
8.10%*
Onwards
No
Hidden
Fees
Fill out the details, and we’ll find the best loan options for you.
Secure structured and flexible funding designed to support every stage of your home construction—from foundation to finish, with timely disbursals and expert guidance.
High Loan Amount
Get up to 90% of the estimated construction cost, ensuring adequate funds to complete your project.
Flexible Repayment Options
Choose a repayment tenure of up to 30 years, allowing for comfortable EMIs and financial stability.
Competitive Interest Rates
Enjoy attractive interest rates starting at 8.10% p.a., making repayments affordable.
Minimal Documentation
Simplified paperwork speeds up the approval process, reducing the hassle of lengthy formalities.
Stage-Wise Disbursement
Funds are released in phases based on the progress of construction, ensuring smooth cash flow for timely completion.
Tax Benefits
Save on taxes with deductions on both principal and interest repayments, as per prevailing tax laws.
| Document Type | Indian Resident | Non-Resident Indian (NRI) |
|---|---|---|
Identity Proof |
Aadhaar Card, PAN Card, Passport |
Passport, OCI/PIO Card |
Address Proof |
Utility Bill, Rent Agreement |
Overseas Address Proof, Visa Copy |
Income Proof |
Salaried: 3 months’ salary slips, Form 16 Self-Employed: ITRs (2 years), P&L, Balance Sheet |
NRE/NRO Account Statements, Foreign Income Proof |
Property Documents |
Title Deed, Approved Building Plan, NOC from Municipal Authorities |
Title Deed, Power of Attorney, Approved Building Plan |
Bank Statements |
Last 6 months’ bank statements |
NRE/NRO Account Statements (last 6 months) |
Flexible Repayment Tenure
Funding of Construction Cost
Hidden Charges
Lenders Compared
Check Your Eligibility
Fill in basic details, and we’ll present the best loan offers from multiple lenders.
Compare Loan Options
Choose from different banks and NBFCs, compare interest rates, and select the ideal loan.
Upload Required Documents
Securely submit your KYC, income, and property documents online.
Get Loan Approval
Lenders assess your profile and issue a sanction letter with loan terms.
Sign the Agreement
Review the final loan terms, sign the agreement, and proceed to the next step.
Loan Disbursement
Funds are disbursed in stages corresponding to construction milestones.
Get a quick estimate of your monthly Construction Loan installments.
₹5,00,000
₹5,00,00,000
7% p.a.
15% p.a.
1 Year
30 Years
12 Months
360 Months
*For representation purpose only. Final values may vary subject to bank’s policy.
Read heartfelt testimonials showcasing how our construction loans supported dream home projects with phased disbursals, quick approvals, and personalised service.
Building my home felt overwhelming at first, but BankEMI made the process smooth. The stage-wise disbursement really helped me manage my budget efficiently!
Anjali Verma
I found the best interest rate and got quick approval through BankEMI. Their step-by-step guidance made all the difference.
Rohit Patel
With minimal paperwork and a seamless process, my construction loan was approved in just a few days. Highly recommended!
Sneha Reddy
BankEMI helped me structure the loan around my construction timeline. Their expertise and support made everything stress-free.
Kunal Bhasin
From application to disbursement, everything was handled professionally. I couldn’t have asked for a better experience while building my house.
Megha Sharma
Stay informed with expert tips, industry trends, and guides for smarter financial decisions.
April 1, 2025 • Reading Time: 5 Minute
March 24, 2025 • Reading Time: 5 Minute
March 18, 2025 • Reading Time: 4 Minute
Answering your most common questions on construction loan eligibility, disbursement stages, interest rates, and documentation.
