Why Down Payment Assistance?

Any resident Indian within the age group of 25 – 58 years with a stable income and sound credit track record looking to buy a home for their family can apply for the Program.

There are no hidden charges to avail down payment assistance. Processing fees charged under the program will be disclosed upfront to the homebuyer.

The down payment assistance is to be repaid in up to 12 interest-free equated monthly installments by the homebuyer depending on the desired tenure chosen by them while applying. There are no prepayment charges. The user can opt for foreclosure at any point of time during the repayment period.

No. You can avail down payment assistance even without a home loan sanction, provided you undertake to make your balance payments from your own sources or arrange a home loan at a later date.

The Home Down Payment Assistance Program computes your eligibility keeping in mind the home loan requirement and stage of construction of the project. Our algorithms ensure that your home loan requirement eligibility is not affected for under-construction properties.

You can check your home down payment assistance eligibility amount on https://homecapital.in/products/homedown-payment?partner_key=indextap