Apply for Home Loan in Gurgaon
Buying your dream home in a city like Gurgaon, officially known as Gurugram, can be one of the most significant milestones in life. Located near the southwest of New Delhi, Gurgaon has evolved into an essential financial and tech hub, with over 250 Fortune 500 companies having offices here. As property prices rise, arranging funds becomes challenging for the commoner. This is where opting for a Home Loan in Gurgaon becomes a practical solution.
Most lenders independently evaluate the property before sanctioning the loan, often approving up to 80% of the property’s value (or up to 90% for loan amounts below ₹20 lakhs). The borrower usually funds the balance. These loans are repaid through fixed Equated Monthly Installments (EMIs), making it easier to manage finances without exhausting savings.
Whether you’re planning to buy a house or renovate an existing one, Apply For Home Loan in Gurgaon can be the ideal option. For salaried and self-employed individuals, My Loan Adda offers simplified processes, minimal documentation, and competitive interest rates, making homeownership more accessible. With trusted service and a customer-first approach, My Loan Adda stands out as a reliable name for your housing finance needs in Gurgaon.
Why Choose My Loan Adda for a Home Loan in Delhi NCR?
Buying a home is a big decision — and choosing the right home loan partner is even more important. At My Loan Adda, we make your dream of owning a home in Delhi NCR a reality by offering personalized, fast, and affordable home loan solutions.
Here’s why thousands trust My Loan Adda:
Access to Top Banks & NBFCs: Compare offers from India’s leading lenders and choose what suits you best
High Loan Amounts: Get financing up to 90% of your property’s value depending on your eligibility
Lowest Interest Rates: We help you secure home loans starting from as low as 8.50% p.a.
Flexible Tenure Options: Choose repayment periods ranging from 5 to 30 years to match your financial comfort
Quick Approvals & Disbursals: With simplified processes and expert guidance, your loan gets sanctioned faster
Doorstep Services & Minimal Paperwork: Submit documents online or offline — we handle the rest
Expert Guidance from Start to Finish: Our home loan specialists assist you throughout the process — from eligibility check to final disbursal
Whether you’re a first-time buyer or looking to upgrade, My Loan Adda ensures that your Home Loan in Delhi NCR is stress-free, affordable, and tailored to your goals.
Documents Required for Home Loan in Gurgaon
Every customer has to satisfy the Know Your Customer (KYC) norms stipulated by RBI. You have to provide the documents relating to your KYC, employment, business, and income.
Identity Proof
- PAN Card
- Aadhar Card
- Voter ID
- Driving Licence
- Passport
Address Proof
- Registered Rent agreement
- Aadhar Card
- Driving License
- Lease agreement
- Passport
- Latest Gas or electricity bill
Financial Documents – Employment or Business Proof
- Salary slips for the last 6 months in case you are a salaried employee (In addition, you can provide IT returns for the past 3 years along with Form 16)
- IT returns for the past 3 years in case you are self-employed (Some banks accept 2 years IT returns as well)
- Statement of A/c for the past 1 year where your salary is credited (in case of salaried people)
- Profit and Loss statement and Balance sheet for the last 2 years in case of self-employed persons
- Sales tax, GST registration certificates, if applicable
- Partnership deed in case of partnership firms (if the applicant is one of the partners)
- Certificate of Incorporation in case of limited companies(if the applicant is one of the directors)
Other documents:
- Loan application form duly filled in
- Photographs
- Signature Proof
Property documents:
- Copies of all property documents that can establish the chain of ownership for the past 13 years
- Property tax paid receipt in case you reside in the property being mortgaged (usually when you apply for Home Loan Balance Transfer)
You can easily apply for a Home Loan in Delhi NCR through My Loan Adda by following these simple steps:
Fill out the online application form on our website
Submit basic documents like ID proof, address proof, income proof, and property papers
Our experts will help match you with the best loan offer from top banks
Get instant approval and fast disbursal within a few working days
With My Loan Adda, the entire process is fast, transparent, and 100% digital.
The best home loan tenure depends on your income, financial goals, and EMI affordability.
Shorter tenures (10–15 years) mean less interest but higher EMIs
Longer tenures (20–30 years) mean lower EMIs but higher total interest
With My Loan Adda, we help you choose the ideal tenure that balances EMI affordability and overall savings.
The EMI for a ₹20 lakh home loan depends on the interest rate and loan tenure. For example:
At 8.5% interest for 20 years, the EMI would be around ₹17,356/month
Use the My Loan Adda Home Loan EMI Calculator to get accurate, real-time estimates for your loan amount and tenure.
If your monthly income is ₹50,000, you may be eligible for a home loan of ₹20 to ₹30 lakhs, depending on your age, credit score, and existing liabilities.
My Loan Adda helps you find the maximum eligible loan amount and ensures you get the best possible deal based on your profile.
No, banks generally do not offer 100% financing. As per RBI guidelines, the maximum allowed is:
Up to 90% for loans up to ₹30 lakhs
80%–85% for higher loan amounts
You’ll need to arrange the remaining amount as a down payment. My Loan Adda assists you in understanding eligibility and finding lenders with the highest loan-to-value offers.
Yes, you can get up to 90% of the property value financed through a home loan — especially for properties under ₹30 lakhs. The actual percentage depends on your credit profile and the lender’s policy.
Apply via My Loan Adda to explore home loan offers with the highest loan-to-value ratios and best interest rates.
Banks and NBFCs do not offer zero-interest home loans. However, you can get low-interest or subsidized rates under government schemes like PMAY (Pradhan Mantri Awas Yojana).
My Loan Adda helps eligible applicants apply for such schemes and find the lowest possible rates for their home loans.
Yes, a housewife can get a home loan if:
She has co-applicant support (like a salaried spouse or working family member)
There is adequate income proof and creditworthiness from the co-borrower
Banks may also consider rental income or other assets as income proof. My Loan Adda offers expert guidance to help housewives apply successfully with the right documentation and co-applicant structure.
