Home Loans Designed forSelf-Employed Success

The minimum annual income requirement starts from ₹3 lakhs for self-employed individuals. However, with our bank statement loans, we look at your actual cash flows rather than just ITR. Many of our customers with ₹5-6 lakhs annual income have successfully secured loans up to ₹50 lakhs.

Absolutely! Our bank statement loan program requires just 12 months of bank statements. We also accept P&L statements certified by a CA, GST returns, or business financials. Over 40% of our self-employed customers get approved without traditional ITR documentation.

Unlike traditional banks that only consider your ITR, we use advanced algorithms to analyze your actual business cash flows, seasonal variations, and growth trends. This typically results in 30-40% higher loan eligibility. We also consider multiple income sources and business assets.

Self-employed borrowers get the same competitive rates as salaried individuals, starting from 8.40% p.a. Your rate depends on your credit score, loan amount, and income stability. Many self-employed professionals with good credit scores get rates even lower than salaried borrowers.

We offer business-friendly features like: (1) Moratorium periods during low business seasons, (2) Step-up EMIs that increase as your business grows, (3) Overdraft facility against property, (4) Top-up loans for business expansion, and (5) Part-prepayment without charges. These features help align your loan with business cycles.

With our AI-powered underwriting, you get in-principle approval in 24 hours and full approval in 48-72 hours. Once approved, disbursement happens in 7-10 days. This is 5x faster than traditional banks that take 30-45 days for self-employed applications.

While not mandatory, adding a co-applicant (spouse, parent, or business partner) can increase your loan eligibility by 20-30%. If your co-applicant has a stable income, it can also help you get better interest rates. We evaluate each application individually.

We specialize in understanding seasonal businesses. Our underwriting considers your average income over 12-24 months, peak season revenues, and business cycles. We also offer flexible EMI options like balloon payments during peak seasons or reduced EMIs during off-seasons.