One Stop Shop for
Your Home Loan
Pay Less for Bigger
and Better Living Spaces
Subsidy Up to 4%
Under Pradhan Mantri
India’s first unbiased loan advisor for best deals in loans and unmatched advisory services. We manage the entire borrowing process for clients, starting by assisting our clients to choose the right product from the appropriate lending organization, till the time, the entire loan is disbursed. The company with its expert loan counselors and a structured CRM team ensures end-to-end services to the clients. For piecing together, the multiple requirements of borrowing process like interest rates, multiple lender options, comparisons, documentation etc. of a client, Square Capital has on-boarded talents from various banking & financial services giants like HSBC, Citibank, Standard Chartered Bank, Nomura International, ICICI, American Express Bank, etc. ensuring setting up the desired partnerships with leading Financial Institutions.
Square Capital is a part of the umbrella company Square Global and affiliated to the flagship brand called Square Yards Dot Com.
A Home Loan is a certain amount of fund which is borrowed from the lender against a residential property to be bought. It is usually taken for the purchase, construction or renovation of a property.
Your Home loan eligibility is determined by looking at the following:
Pradhan Mantri Awas Yojana (PMAY) comes with a bold vision of providing affordable housing solutions for all Indian citizens. All middle-class homebuyers with an annual income of above ₹ 6 Lakhs* and up to ₹ 18 Lakhs* can now avail interest subsidy on housing loans taken in 2017 under PMAY. This move is set to bring down equated monthly installment (EMIs) by ₹ 2,000. The eligibility criteria to avail credit linked subsidy scheme (CLSS) have been summed up in the table below:
|PARTICULARS||MIG I||MIG II|
|Annual income (₹. p.a.)||12,00,000||18,00,000|
|Interest subsidy (p.a)||4%||3%|
|Maximum loan tenure||20 yrs||20 yrs|
|Eligible home loan amount (₹.)||9,00,000||12,00,000|
|Dwelling carpet area||90 sq. m.||110 sq. m.|
ONE STOP SHOP FOR ALL TYPE OF LOANS