House Owner Loan

Enliven your dream home with our House Owner Loan

Give your Home a new look with the help of this personal loan

So, how does House Owner Loan Work?

You can now meet all home renovation and repair needs with our customised Personal loan offering. You can spread out the loan over a longer tenure and repay in fixed monthly installments towards the principal outstanding amount.

Why LoanTap's House Owner Loan?

Home is where your heart is. Do not delay the decision of making your home, dream home.Get it designed or renovated now with LoanTap’s unique personal loan – House Owner loan.

Instant approval and disbursal

Loan Approval within a day

Unique Personal Loan

Monthly outflows lower by upto 40% of regular loans

Flexible Re-payment

No foreclosure charges after six months

Transparent Processes

No hidden charges


Eligibility Criteria for House Owner Loan


Individuals with a minimum income of INR 30,000


Indian Citizens/Residents who are 21 years old & above.

Flexible Instalment Options

Final instalment options for a loan will be decided based on your profile and inputs

EMI Free

Interest only payment every month (40% lower monthly instalment versus regular EMI) coupled with bullet payment every 3/6 months towards Principal.

Ideal when: You receive additional income or a incentive every 3-6 months.

Step Up

Interest only Payment for 3 months followed by fixed EMI. Gives you space to manage expenses post an event.

Ideal when: Heavy expenditure is involved in a particular event such as Wedding or a Medical Emergency

Term Loan

Repayment done via Fixed Equated Monthly Instalments, where EMI = Principal + Interest.
Each instalment reduces both interest and Principal amount.

Ideal when: You know the precise Loan Amount needed and your income is consistent

How we make loans happen in 24-36 hours

online application
Online Application

Apply online, upload basic documents or mail us

record your time
Record your time for representative visit

Download documents as per checklist, sign and handover to our representative.

verification sanction disbursal
KYC & Fund transfer

We check documents, verify them and activate instant disbursal online

Frequently Asked Questions

This loan is for house owners who need money for anything pertaining to their house, like home renovation, interior work, etc. This loan offers multiple repayment options viz., EMI Free, Step Up, and Term Repayment Plan.
LoanTap offers House Owner Loan ranging from Rs 50 thousand up to Rs 10 Lakhs. Final loan amount decision is taken on basis of your eligibility and credit checks.
This loan is available to both salaried and business professionals. You only need to provide basic documents for loan processing.
For Salaried customers –
  • PAN
  • Address proof
  • 6 months’ salary account statement
  • e-NACH mandate form
  • Additionally, the customers need to submit 3 months’ payslips or copy of Home Loan sanction letter
  For Self-employed customers –
  • PAN
  • Address proof
  • Copy of Home Loan sanction letter
  • Business proof
  • 6 months bank statement
  • e-NACH mandate form
House Owner Loan offers 3 repayment options viz., Term Repayment (plan (Pay equal monthly installments throughout the tenure), Step Up repayment Plan (interest only payment option for the initial 3 months, followed by fixed EMIs) and EMI Free (Interest payment every month and bullet payments towards principal outstanding every 6 months). The decision of the final repayment plan is taken on basis of your eligibility and credit checks.
Currently we are providing our loans in Bangalore, Hyderabad, Chennai, Coimbatore, Mumbai, Pune, Ahmedabad, Vadodara, Raipur, Bhopal, Indore, Jaipur, Delhi-NCR, Chandigarh, Bhubaneshwar, Howrah, Kolkata, Nagpur, Nashik and Lucknow locations.
Processing fee for this loan is 2%+applicable taxes; on the gross loan amount sanctioned.
Yes, you can make higher payments towards your loan. No charges for higher payments or foreclosure are applicable post 6 months. Within 6 months you can make part payments or foreclosure-with minimal charges applicable.
Yes, you can pre-pay the loan facility post 6 months of disbursement. No foreclosure charges are applicable post 6 months of loan completion, however within 6 months you can prepay your loan with minimal charges

Many of our customer also considered following
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EMI Free Loan
Personal Loan
Personal Overdraft
Wedding Loan
Holiday Loan
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Advance Salary Loan
Rental Deposit Loan
Premium Bike Loan