Turn Your Dream Home Into Reality with Mitra Loans

Your Trusted Home Loan Partner

Buying a home is one of the biggest milestones in life — and at Mitra Loans, we make this journey simple, transparent, and stress-free. As a trusted Loan Distributor & Channel Partner Network, we connect you with the most suitable home loan offers from leading Banks and NBFCs across India.

Home Loan Overview

A Home Loan is a long-term financial instrument designed to support individuals and families in purchasing, constructing, or renovating a residential property. With rising real estate prices, a home loan enables customers to achieve homeownership without bearing the burden of paying the entire amount upfront. At Mitra Loans, we collaborate with leading banks and NBFCs to provide structured and competitively priced home loan solutions tailored to the customer’s income, credit profile, and repayment capacity.

Home loans typically offer extended tenures of up to 30 years, allowing borrowers to manage EMIs comfortably while benefiting from attractive interest rates. Customers can avail loans for ready-to-move-in homes, under-construction properties, self-construction, or home extension and improvement. Additional facilities like balance transfer, top-up loans, and overdraft options are also available, ensuring enhanced flexibility and long-term affordability.

Our team guides applicants through every stage of the process—right from eligibility assessment and documentation to lender comparison, application submission, and final disbursement. With transparent communication, doorstep service, and professional assistance, Mitra Loans ensures a smooth and hassle-free home loan experience. The objective is to help customers make informed decisions and secure the most suitable loan plan aligned with their financial goals and future stability.

Eligibility Criteria

For Salaried Individuals

  • Minimum age: 21 years; Maximum: 60–65 years at loan maturity

  • Minimum work experience: 1–2 years

  • Stable salary account with consistent credits

  • CIBIL score of 650 or above

  • Employment with a reputed private company, MNC, government, or PSU

  • Co-applicant allowed to increase loan eligibility

For Self employed Individuals

  • Minimum age: 25 years; Maximum: 65 years at loan maturity

  • Minimum business continuity: 3 years

  • Audited financial statements reflecting stable income

  • CIBIL score ideally 650 or above

  • Valid business proof such as GST certificate, registration, or license

Document required

For Salaried Individuals

KYC Documents
  • PAN Card

  • Aadhaar Card

  • Valid passport / Voter ID / Driving License (any one for address proof)

Income Documents
  • Latest 3–6 months salary slips

  • Form 16 or IT Returns for last 2 years

Banking Documents
  • Salary account bank statements for last 6 months

Property Documents
  • Sale agreement / Allotment letter

  • Approved building plan

  • Title deed, chain of documents

  • Property tax receipt (if applicable)

For Self employed Individuals

KYC Documents
  • PAN Card

  • Aadhaar Card

  • Business registration proof (GST, trade license, partnership deed, etc.)

Income Documents
  • ITR for last 2–3 years

  • Audited balance sheet & profit-loss statements

  • Business profile

Banking Documents
  • Business account statements for last 12 months

Property Documents
    • Sale agreement / Title documents

    • Approved plan and property-related approvals

emi cALCULATOR

Mitra Loans — Home Loan EMI Calculator (Elementor)
Enter the principal loan amount. Minimum ₹1,00,000.
Slide or type to set annual interest rate (7.50% – 18%).
Maximum: 360 months (30 years). Choose months or years mode.
Calculation runs only when you click Calculate EMI. All numbers are indicative.
Estimated EMI
₹0
Principal & Interest breakdown
Total Principal
₹0
Total Interest
₹0
Total Payment
₹0
Representative example
Loan Tenure
0 months

Customer Reviews

Ravi Kumar-Hyderabad
Ravi Kumar-Hyderabad
@ravikumarkanam
“Mitra Loans made my home loan process extremely simple. Their team guided me with the right bank choice and handled the entire paperwork professionally.”
Sunitha Reddy – Bangalore
Sunitha Reddy – Bangalore
@sunita_D
“Excellent service. My loan was approved quickly at a very competitive rate. I appreciate the transparent and ethical approach.”
Karthik Menon – Chennai
Karthik Menon – Chennai
@Menon_karthik
“Highly professional staff. They explained everything clearly and helped me get maximum eligibility with a co-applicant.”
Preeti Sharma – Pune
Preeti Sharma – Pune
@Preeti sharma
“Smooth experience from start to finish. Regular updates and zero stress. I highly recommend Mitra Loans for home loans.”

faq's

What is the maximum tenure available for a home loan?

Up to 30 years, depending on lender policy.

Typically 60%–90% of property value based on income and credit score

Not mandatory, but helpful for increasing eligibility.

Yes, floating-rate loans allow zero prepayment charges.

What is the ideal CIBIL score for approval?

A score of 650+ is recommended.

Yes, based on builder verification and project approval.

It allows you to shift your existing loan to another bank at a lower rate.

Generally 3–7 working days, depending on documentation.

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