MAS Rural Housing and Mortgage Finance Limited

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Now you have the opportunity to build your own home the way you have always wanted with MAS Home Construction Loans.

House Construction Loan - MRHMFL
  • Loans for construction of home on non-agricultural land situated within municipal/local development authority limits
  • Individuals who are Salaried/Self Employed Professionals/Self Employed Non-Professionals/Agriculturist can apply for this loan
  • Loans ranging from Rs 1 Lakh to Rs 60 Lakhs
  • Loans for up to 75% of Estimate or 90% of Valuation of Property whichever is less.
  • Affordable interest rates
  • Flexible loan tenure from 36 months to 360 months as per Policy
  • Customized loan options
  • Doorstep Service
  • Salaried Individuals
    • Minimum age should be 18 or above at the time of application and maximum up to retirement age at the time of loan maturity.
    • Minimum income of Rs 10,000 per month
    • Total Work Experience should be 3 Years.
  • Self Employed Professionals/Self Employed Non Professionals/Agriculturist
    • Minimum age should be 18 or above at the time of application and maximum up to 65 age at the time of loan maturity.
    • Minimum income of Rs 10,000 per month
    • Minimum 3 years of business vintage
Documents Required for availing Home Construction Loan
  • Duly filled Application Form with photographs
  • Identity, date of birth and residence proof
  • Latest 3 month's salary slips or salary certificate
  • Form 16
  • Last 6 month's bank statements
  • Processing fees cheque
  • Duly filled Application Form with photographs
  • Identity, date of birth and residence proof
  • Educational Qualification Certificate & Business existence proof
  • Last 3 years Income Tax Returns along with Profit / Loss statement & Balance Sheet and the Gap between 2 ITR should be 6 month minimum.
  • Last 1 year bank statements
  • Processing fees cheque
  • Duly filled Application Form with photographs
  • Identity, date of birth and residence proof
  • Business profile & Business Existence Proof
  • Last 3 years Income Tax Returns along with Profit / Loss statement & Balance Sheet and the Gap between 2 ITR should be 6 month minimum.
  • Last 1 year bank statements
  • Processing fees cheque
  • Duly filled Application Form with photographs
  • Identity, date of birth and residence proof
  • Government Land Revenue records i.e. 7/12 & 8-A abstract
  • Duly stamped & signed printed 1 year milk statement
  • Last 12 month's bank statements
  • Processing fees cheque
House Construction Loan
House Construction Loan


With this simple calculator you can now know the home loan amount you are eligible for


Loan Eligibility Calculator
House Construction Loan
House Construction Loan


With this simple calculator you can estimate the tax you can save by taking a home loan


Tax Benefit Calculator
House Construction Loan
House Construction Loan


With this simple calculator you can estimate the EMI you will be required to pay for your home loan

EMI Calculator
House Construction Loan
House Construction Loan


With this simple calculator you can now know the stamp duty to be paid at the time of registration

Stamp Duty Calculator

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