Home Loans India

Individual Housing Loan – Super (IHL-Super)



  • Purchase of a ready built house/ Flat/Flat under construction.
  • Construction of house/ Flat.
  • Undertaking extension, repairs, renovation, up gradation, creation of additional amenities, subject to the satisfaction of the Company.
  • For Taking over the HL liability from other recognized Financial Institutions/ Banks subject to the satisfaction of the Company.


  • Individuals who are salaried / professionals/SE & NP /NRI /pensioner who have adequate repayment capacity supported by Proof viz, Salary slips/Form 16 and Income Tax Returns.
  • The applicant should have regular source of income sufficient to service loans as per assessment of Can Fin Homes Ltd.
  • Property proposed for mortgage to stand in the name of applicant/s.


  • Up to Rs.20 lac - 15%.
  • Above Rs.20 lac up to Rs. 75 lacs - 20%.
  • Above Rs.75 lacs-25%.


  • Mortgage of the property being financed.
  • Collateral: on case-to-case basis.

Rate of interest

Prevailing card rate.


Maximum up to 30 yrs.

Other conditions

  • Rate of interest is Fixed for an initial period of 3 years.
  • Post the fixed rate period, ROI would automatically get converted into floating rate prevailing at that time for the residual loan amount.
  • Conversion charges for switch over from Fixed to Floating during the fixed tenure period:

A/c in Pre-Emi stage:
  • 0.50% of the Loan outstanding including undisbursed amount plus applicable GST.

A/c in EMI stage:
  • 0.50% of the Loan outstanding plus applicable GST.

Conversion charges for switch over from Floating to Fixed:
  • Existing customers can convert their loans under VLS to the fixed loan scheme on payment of conversion charges of 0.50% of the outstanding liability.
  • All other conditions as applicable to Individual Housing loan.

Other Benefits

Borrowers with good track record are eligible for Top-up and Personal loan.

Canfin Homes