Building your new home, brick by brick

Our Home Construction Loan is perfectly suited to your needs; giving tailored and flexible finance to put building blocks to your dream home. The loan is disbursed as per the stage of construction, giving you the flexibility to contribute your share too in parts. Aspire Home Construction Loan is extended to construct residential premises either from a contractor or contractual builder on a freehold owned plot of non-agricultural land as per plan approved by the local authority.


Loan Amount

Loans covering up to
of the construction cost
25 Lakhs
* At the discretion of AHFCL

Loan Tenure

5 Years
25 Years
20 Years

We offer loans covering up to 85% of the construction cost approved by a certified engineer / architect and verified by an AHFCL valuer.

Loan tenor may not be extended beyond the age of sixty (60) years in case of Salaried and Seventy (70) in case of self-employed customers at the time of loan maturity

Interest Rate
Customer Type Interest Rate RPLR Minus Spread AHFCL RPLR
Salaried 12.00% to 16.00% 6.50 % to 3.50 % 18.50%
Self Employed 12.00% to 16.00% 6.50 % to 3.50 % 18.50%
Self Employed / Non Professional 12.50% to 16.00% 6.50 % to 2.50 % 18.50%
* RPLR - Retail Prime Lending Rate
Processing Fees
Sr. No. Fees / Charges Type Description
1. Non-refundable Processing fees (IMD): Rs. 3,540 /- (Three Thousand, Five Hundred and Fourty only) The processing fee is a onetime non-refundable fee, and is collected by AHFCL for the purpose of appraising the application for the Loan and the same are independent of the outcome/result of such appraisal. Please note that the processing fees is payable at the time of submitting Application Form, duly filled in by way of cheque/Demand Draft favouring AHFCL and /or such other mode as may be acceptable to the Company.
2. Total Administration Fees (Inclusive of the non – refundable processing fees amount) 2.00% to 3% of the sanction amount plus applicable taxes and/ or other statutory levies

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