Frequently Asked Questions

Q.Am I eligible for a loan?

A. If you are self employed or a small business owner or an ambitious young person, with a varying or limited monthly income, Vastu has a loan product for you to help you achieve your goals.

Q.What are the types of loans I can apply for?

A. Home Loan and Non Home Loan

  • Home Loan
    • Purchase of house ( New & Re-Sale )
    • Extension/ Improvement of House building
    • Construction of house
    • Composite Loan ( purchase of land & Construction of house)
  • Non Home Loan
    • Commercial Purchase
    • Loan against Property

Q.What is the maximum tenure of the loan?

A. The maximum tenure offered for a loan is 240 months.

Q.What are the rates of interest? Are they fixed or floating?

A. Vastu offers both Fixed and Floating interest rates Rate of interest varies dependent on customers eligibility and collateral type

Q.Can I prepay my loans?

A. Prepayment is permissible.

Q. How do I pay my EMIs?

A. Typically, EMIs are directly debited from your bank account on a monthly basis.