Eligibility, documents, rate vs spread, NRI vs resident loans.
Quick answer
Banks lend 60–80% of agreement value, EMI ≤ 50% of monthly take-home, tenure up to 30 years. Rule of thumb: monthly take-home × 75 = maximum eligible loan.
Documents
Income proof (Form 16 + 3 ITR + 6 salary slips for salaried, 3 ITR + financials for self-employed), KYC (PAN, Aadhaar), bank statements (6 months), property docs from the builder, RERA registration number.
Floating vs fixed
Pune market default is repo-linked floating. Fixed exists but at 100–150bps premium and rarely worth it. Negotiate spread (0.05–0.20% movements common). Compare full APR not just headline rate.
Frequently asked questions
How much home loan can I get in Pune?
Banks lend 60–80% of agreement value, capped at ~60× monthly take-home with EMI ≤ 50% of income. Tenure up to 30 years. NRI loans capped at 25 years usually.