Au Housing Finance

Au Housing Finance Home Loan Details

Interest Rate:

12.50% to 17%

Processing Fees:

Loan Tenure:

1-20 Years

Partial pre-payment Charges:

Nil

Pre-closure Charges:

Nil

Guarantor Requirement:

Yes

Overview

Au HOUSING FINANCE LIMITED (AuHFL) was originally incorporated as a private limited company under the Companies Act, 1956 (“Companies Act”) on February 23, 2011.

Subsequently, AuHFL converted into a public limited company, as per the provisions of the Companies Act, and was issued a fresh certificate of incorporation on January 11, 2013.

AuHFL is a Housing Finance Company (HFC) registered with the National Housing Bank vide certificate of registration no. 02.0104.13 dated February 8, 2013 (the earlier certificate of registration bearing no. 08.0095.11 dated August 4, 2011 was in the name of “Au HOUSING FINANCE PRIVATE LIMITED”).

AuHFL is engaged in the business of providing housing loans, primarily in the un-served, unreached and under-served market which include the States of Rajasthan, Maharashtra, Gujarat, Madhya Pradesh, Haryana and Delhi.

Documents Needed

The documents required vary depending on the applicants’ nature of employment and income source. Here are some of the documents required for AU Financiers home loans along with duly filled application form & photographs.

Salaried Customers

Latest salary slips
Form 16
Bank statement for last 6 months
ID proof
Residence Proof

Self-Employed Professionals:

Proof of business existence and educational qualifications
Residence proof and ID proof
Last 6 months bank statements
Last 3 years Profit and Loss sheet and Balance Sheet
Income Tax returns for self and business

Self-Employed Businessman:

Business profile
Last 6 months bank statements for self and business accounts
Business Profile and related documents
Proof of business existence
Certificates for educational qualifications
Income Tax Return (ITR) statements for self and business maintained by the applicant for income calculation.

Miscellaneous Documents:

In addition to all the above mentioned documents, all class of applicants must also submit a detailed cost estimate from engineer or architect for property to be renovated in case of home improvement loans and home renovation loans.
Other related documents might be asked for depending on the home loan type. Do enquire with AU Financiers about a comprehensive list of documents required before proceeding with the paperwork.

Au Housing Finance