Frequently Asked Questions

There are a variety of home loans we offer as listed below:
  • Home Loan Balance Transfer
  • Home Loan Top Up
  • Pradhan Mantri Awas Yojana
  • Home Extensions Loan
  • Home Renovation Loan
  • Home Construction Loan
  • Home Loans For Self Employed
  • Home loan for NRI's
  • Plot Loan/ Land Loan
EMI (Equated Monthly Instalment) is the sum payable to the loaning organization consistently, till the credit is paid up all required funds. It comprises of a part of the interest and principal.
You are qualified for a loan if you are an Indian native or a man of Indian Origin and are a salaried/independently employed proficient/a representative. Your loan qualification will be dictated by GRFPL based on proficient salary, age, qualification, number of wards, co-candidates pay, resources, liabilities, congruity of occupation, investment funds and earlier record. Further, the loan qualification will likewise be reliant on the estimation of property chose by you. To entitle for your home loan with GRFPL, you must be:
  • An Indian resident or NRI
  • Above 21 years of age at the commencement of the loan
  • Below 65 when the loan matures
  • Either salaried or self-employed
A co-candidate is/are the co-proprietors of the property which is being offered as guarantee/security to the credit. However, all co-candidates require not be co-proprietors. Co-candidates for the credit are generally spouse/wife, father/child, and so forth.
The interest rate starts from 8% onwards. Interest fluctuates as per the economic situations and financing costs are dynamic in nature. The interest on home loans in India is generally ascertained either on monthly reducing or yearly reducing the balance.
The fixed rate of interest means the rate of interest remains constant for the entire duration of the loan. This means you do not benefit even if home loan interest rates fluctuates in the market during the course of your loan.
In this situation, the rate of interest fluctuates in view of the market loaning rate. This implies you stand the danger of paying more than you planned for in case the loaning rate goes up.
Before full and last payment and the beginning of EMI, you pay a pre-EMI interest on the part of the loan dispensed to you. Pre-EMI interest is payable consistently from the date of every payment up to the date of initiation of the EMI.
This period option ranges generally from 5 to 30 years. GPRF offers loans from whose tenure ranges from 5 to 30 years.
Mostly, the property to be bought, itself turns into the security and is sold to the loaning organization till the whole credit is reimbursed. A few organizations may request extra security, for example, life insurance, FD receipts, and offer or funds declarations. GRFPL doesn't request securities. Securities will be asked by GRFPL in remarkable cases as it were.
GRFPL doesn’t require a Guarantor. You can have a co-applicant instead, while some other financial institutions do ask for 1 or 2 guarantors.
Loans can be applied earlier or after the choice of property. The loan amount is authorized on a basic level to tell purchasers what amount they can benefit from. This helps them to choose their financial plans. Actual payment is made after agreeable confirmation of every essential document.
It takes about 3-15 days based on proper documentation provided by the Home loan applicant
On an average, loans are dispensed within 3-15 days after complete documentation and completion of all procedures
Resident Indians are qualified for certain tax cuts on important and interest parts of a home loan under the Income Tax Act, 1961.

GRFPL tries to guarantee that all data and materials, regardless of whether in connection to the items, administrations, offices, offerings or something else gave as a major aspect of this site https://www.grfpl.com/is right at the time of incorporation on the site, it doesn't ensure the precision of the Information. GRPL makes no portrayals or guarantees with regards to the fulfillment or sufficiency or precision of data and explicitly renounces obligation for any mistakes or oversights or postponements in refreshing this data. The data accessible on the site is liable to change, refresh, modification, confirmation, and revision without see and such data may change really.

Data is provided upon the condition that the persons receiving the same will make their own assurance as to its appropriateness for their purpose prior to use or regarding the settling on of any choice. No data at this site should constitute a challenge to put resources into any money related item. Any utilization of this site or the Information is at your own hazard.

GRFPL alongside its chiefs, workers, partners or different delegates and its Affiliates alongside its executives, workers, partners or different agents should not be at risk for harms or damage emerging out of or regarding the utilization of the Website or its non-utilize including non-accessibility, compensatory, immediate, circuitous or considerable harms, loss of information, pay or benefit, loss of or harm to property including without impediment loss of benefits, misfortune or defilement of information, loss of generosity, work stoppage, PC disappointment or glitch, or interference of business; under any agreement, carelessness, strict obligation or other hypothesis emerging out of or relating in any capacity to the Website, webpage related administrations, or any items or administrations and cases of outsiders harms or damage caused by any execution, disappointment of execution, blunder, exclusion, intrusion, cancellation, deformity, delay in operation or transmission, PC infection, interchanges line disappointment, burglary or demolition or unapproved access to, change of, or utilization of data, in the case of coming about, in entire or to some extent, from or identifying with any of the administrations offered or showed by GRFPL on the Website.

All guests ("guest", "you", "your") who should visit the webpage: http://www.grfpl.co.in ("Website") might be secured under this Privacy Policy.

GRFPL ("GRFPL", "Us", "We", "Our") recognizes the significance of securing your own, money exchange and related data ("Information"). GRFPL guarantees that the data made accessible to us shall be kept in strictly confidential and we might utilize such data just to benefit your record better, to give items and services that you may have asked for and to advise you about different items and services that might hold any importance with you. We don't pitch your own data to any outsiders. GRFPL shall utilize its earnest attempts to avoid unintentional divulgence of your data and personal details to unapproved staff or to some other outsider. GRFPL shall utilize a similar level of care to ensure such data and personal details as GRFPL would utilize as for its own confidential data.

GRFPL might utilize your own data to enhance its services towards you and to keep you updated about its new items or data that might hold any importance to you including having our agent/s to connect with you. The data gathered from you would be utilized in the right spirit and setting in which it is expected to be utilized.

Take note that your activity of having vsited the Website approves GRFPL to trade, share, part with all data identified with the subtle elements and exchange history of the Customers to its Affiliates/banks/monetary establishments/credit authorities/organizations/interest in any media transmission or electronic clearing system as might be required by law, standard practice, credit revealing, factual investigation and credit scoring, verification or risk management and You should not hold GRFPLliable for utilize or divulgence of the said data.

GRFPL might gather and utilize the data gave by you just on a need-to-know premise to convey better service to you. GRFPL may utilize and share the data gave by you its Affiliates and outsiders for giving services and any service related exercises, for example, gathering membership charges for such services, and advising or reaching the you in regards to any issue with, or the lapse of, such services. In such manner, it might be essential for GRFPL to uncover your data to at least one specialist and temporary workers of GRFPL and their sub-contractual workers, however such operators, contractual workers, and sub-temporary workers will be required to consent to utilize the data acquired from GRFPL just for these reasons.

Utilization of the site and its substance is at your own risk. The information and data mentioned on the site should not be translated as a guidance, proficient or something else, and GRFPL might not be obligated for any choice taken on the basis of usage . Neither the data, nor any assessment contained on this site constitutes a requesting or an offer made by GRFPL. There might be news/articles identified with items showed on the site; the substance of such articles and the elucidation of such articles are exclusively personal perspectives of the givers and do not in any capacity promotes the perspectives of GRFPL. Clients are encouraged to utilize the articles and other information on the Website just as data.

In specific situations GRFPL might be required to impart the data to the outsiders, where GRFPL might be of the conclusion that the outsiders can add to include value and enhance the nature of services provided by GRFPL to its Customers. GRFPL should find a way to guarantee that the secrecy of your data is kept up by forcing strict privacy prerequisites on all the outsiders with whom we may part with the data.

GRFPL may likewise need to share your own data wherever it is required to be unveiled under law to any of the Governmental/Statutory Agency or Regulatory bodies.

GRFPL should utilize the Information to enhance your experience on the site and make ensuing offers to you on items which might bear some significance with you.

The site utilizes cookies. Cookies are little information documents that a site stores on your PC. We utilize relentless cookies, which are for all time put on your PC to store non-individual (Browser, ISP, OS, Clickstream data and so on) and profiling data (age, sex, pay and so on). While cookies have special distinguishing proof numbers, individual data (name, a/c no, contact nos. and so on) SHALL NOT be put away on the cookies.

At GRFPL, we esteem your relationship and will constantly endeavor to guarantee your protection.

We will utilize the data stored in the cookies to enhance guest encounter through hurling important substance where conceivable. We will likewise utilize the cookies to store guest inclinations to ease guest route on the site.

I agree that the online request, for disbursal of the loan facility, is subject to applicable rules and regulations (as amended up to date, from time to time) of the respective authorities, the current policies of Gharkool Realty Finserve Private Limited (herein after referred to as “GRFPL”) and any other applicable laws of land.

I concur that GRFPL, before disbursal of the credit office, will do a due perseverance, as required under the terms and states of the Loan Agreement and other statutory and administrative necessities.

I concur that after the disbursal, in consistence with the surviving administrative rules and terms of the Loan Agreement, I will present the past disbursal receipts and other pertinent reports at intermittent interims, as might be required and recommended by GRFPL.

I agree that, under normal circumstances, GRFPL has the liberty to revoke my disbursal request, at any time, if:

  • 1. There is any default occurred in terms of the Loan Agreement with respect to my loan account.
  • 2. There is any delay in the processing of online request.
  • 3. There is any mismatch in the details mentioned in the online disbursal form.
  • 4. There is a violation of any of the terms of the Loan Agreement by any borrower.

I concur that GRFPL may, at its sole caution, revise any of the administrations/offices given in the disbursal offices either completely or halfway whenever or potentially call upon me/us to visit the branch and place of demand by hand..

I concur that any adjustment in my record status or change of address will be promptly educated to GRFPL falling flat which I should be in charge of any non-receipt of correspondence/expectations or the same being conveyed at my given address.

I concur that all guidelines identifying with my disbursal will be issued to GRFPL according to worthy method of correspondence, for example, by Courier/RPAD/email to GRFPL.

I consent to protect the request note, installment receipts and other applicable documents precisely. If there should be an occurrence of misfortune/burglary of a similar I might quickly advise GRFPL in composing and might conform to important legitimate conventions according to the arrangements of law.

I concur that I should keep up and keep my loan account standard and upto date according to the terms of the Loan Agreement and other pertinent standards as endorsed by GRFPL every now and then.

I concur that I might be subject to pay all charges, expenses, interest, costs wherever appropriate, which GRFPL may require as for my disbursal ask for and the same might be recuperated by GRFPL as a feature of my loan sum.

I concur that I should not pay any sum in real money to as well as check/Demand Draft/Pay Order, for any workers and additionally Sales Representative of GRFPL anytime of time or potentially at the season of handling of my disbursal ask for or doing any related exchanges.

I consent to execute important compositions in the shape and way, as might be required by GRFPL, with a specific end goal to execute my online demand for disbursal.

I concur that GRFPL will send me correspondences/letters and so forth through dispatch/errand person/email or through some other mode at its carefulness and GRFPL should not be subject for any postponement emerging therefrom.I concur that GRFPL might not be obligated for any results emerging out of non-compliance by GRFPL of my guidelines because of any conflicting/deficient/inadequate data in the online disbursal ask for shape or because of any default in my advance record. I concur that continuous dishonour of cheques or other reimbursement instruments because of inadequate finances in my ledger may prompt stopping of disbursal.

I concur that in case of any disbursal, being over dispensed, at that point GRFPL maintains all authority to set off this over dispensed sum in the following dibursal of the credit office as well as call upon for discount of such extra sum from me/us and I should restore the said sum instantly with no dissent and dispute.

I concur that GRFPL should not be subject for any harms, misfortunes (immediate or backhanded) at all, because of disturbance or non accessibility of any of services/offices because of technical fault/mistake or any failure in telecommunication arrange or any blunder in any product or equipment system or any unauthorised access by any third party beyond the control of GRFPL.

I concur that GRFPL may reveal, in strict confidence, to different foundations, such Personal Information as might be sensibly fundamental for reasons comprehensive of:

  • 1. For participation in any telecommunication or electronic clearing network;
  • 2. In compliance with a legal directive;
  • 3. For credit rating by recognized credit rating agencies;
  • 4. For fraud prevention purposes;
  • 5. To credit information bureaus.

I give consent to GRFPL to update my Aadhaar number in its records, basis data received by it through any outside source/organizations, including government offices. I additionally offer to agree to GRFPL to uncover my Aadhaar number, and also other related data, not limited to the connected Loan Account Number, to outer institution(s) as well as administrative body/bodies and additionally statutory body/bodies or potentially some other specialist/s or potentially merchant/s contractors with whom GRFPL enters, or has entered into any arrangement, regarding giving of administrations/items.

Further, I concur that GRFPL may utilize Aadhaar based exchange or potentially confirmation instrument/system, either through biometric implies or some other means esteemed appropriate by GRFPL, as relevant and conceivable.

I offer to agree to GRFPL to disclose data gave in the Online Disbursal Request Form with the end goal of strategically pitching by Gharkool Realty Finserve Group (GRFPL Group) and some other promoting specialist/s and additionally contractual workers with whom GRFPL enters, or has entered into any arrangement, in connection with providing of services/items, including without restriction, strategically pitching of different financial products.