Home loans : First Blue Home Finance Ltd Housing Loans

First Blue Home Finance Ltd. (FBHFL), earlier known as Deutsche Postbank Home Finance Ltd., is a part of Dewan Housing Finance Ltd., the third largest housing finance company in the country. First Blue is growing by leaps and bounds in the Home Finance Industry meeting the housing finance needs of Indian families, providing superior and differentiated services. Their footprint spreads over 40 locations across India ensuring doorstep service to all customers and very well positioned to offer a fresh bouquet of innovative and customer friendly home finance solutions.

First Blue Home Finance Ltd Home Loan
Making the Home Loan acquisition process faster, simpler and more refreshing the First Blue way! Offering a full range of contemporarily fixed and variable interest rate home loan schemes, which are competitive with the best in the market.

Offers Home Loan for following purposes.
• Purchase of Flat/ House.
• Purchase of Land.
• Land Purchase cum Construction.
• Home Extension / Improvement Loan.
• Balance Transfer.
• For Property Registration.

Features and Benefits
• Loans up to 20 years.
• No Prepayment Penalty*.
• Attractive ROI with Multiple Schemes.
• Loans up to 85%* of property value.
• Rental income considered in total income.
• Option to pay EMI in partial disbursed cases.
• Personal Accident coverage free of cost with property insurance.
• Home Assure - An insurance coverage on outstanding principal, which can be part of the loan value and therefore no upfront premium payable.

Current Home loan Interest rates of First Blue Home Finance

Product	Loan Amount	Entity	Applicable ROI	Applicable ROI for Land Loans	Fee Applicable for Salaried/Self employed
Housing &  Land Loans	Upto 25 Lacs	Salaried/SEP	10.75%	11%	0.5% or 6000 whichever is less plus doc charges plus taxes (Salaried)  AND 0.5% plus doc charges plus taxes (SEP)
	Above 25 Lacs and upto Rs. 75 Lacs	Salaried/SEP	11%	11.25%	0.5% or 10000 whichever is less plus doc charges plus taxes (Salaried)  AND 0.5% plus doc charges plus taxes (SEP)
	Loan greater than Rs. 75 Lacs	Salaried/SEP	11.50%	11.75%	0.5% or 15000 whichever is less plus doc charges plus taxes (Salaried)  AND 0.5% plus doc charges plus taxes (SEP)

for self employed applicable rates are 0.5% higher than the normal rates

Documentation Check List

Documents	Salaried	Self Employed	NRI
Personal Documents	• Pan Card. • Residence proof. • Age and Identity Proof.	• Pan Card. • Id and D.O.B proof of guarantor. • Residence and office address proof of applicant and guarantor. • Qualification proof of self employed professional.	• Copy of Passport and valid visa. • Copy of valid work permit. • Copy of PIO card of person of Indian origin . • Copy of identity card issued by current employer.
Other Documents	• 3-6 salary slips with bank statement reflecting salary credits. • All bank A/Cs of the applicant for last 3 months. • Increment/Appointment letter.	• P/L Account+ B/S along with ITR computation for last year. • VAT Returns, TDS Certificates, Audit report, schedules. • Last 6 months bank statement. • For rental Income: ITR, Bank, credit, ownership proof, rent agreement. • Business profile.	• Copy of employment contract/increment/confirmation letter. • Past occupation history ( last 3 years). • Latest salary Slips/salary certificate. • Overseas and domestic bank account statement for the last six month ( including NRE/NRO accounts).
Personal Documents	• Filled application form with recent passport size photograph • Processing fee cheque in favour of 'First Blue Home Finance Limited' • Property documentations • Any other documents as may be required	• Filled application form with recent passport size photograph • Processing fee cheque in favour of 'First Blue Home Finance Limited' • Property documentations • Any other documents as may be required • Director's and stakeholder's List MOA/Partnership deed	• Latest Credit Score Report • Overseas and domestic loan detail • Filled application form with recent passport size photograph • Processing fee cheque in favour of ' First Blue Home Finance Limited' from NRE/NRO account

Corporate office
201, 2nd Floor, Vipul Agora,
M.G. Road, Gurgaon 122002, India.

Toll Free Number 1800 103 4446

Disclaimer : Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.

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Hello, My Name Is Muhammad Hassan And I Am The CEO, Founder Of EXEIdeas International. I Blogs At EXEIdeas And Also Love Coding And Designing. Currently I Design Some Work For You That You Can Check At EXEIdeas International Official Site. We Also Have A Lots Of Project Currently Live Oneline That You Can Also Check On Our Official Site.

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