Construction Loan Application

First

Last

Phone

Date Of Birth

Credit Score

Loan Type

Subject Property Address

City

State

Zip

Purchase Price

Construction Cost

After Repair Value

Land Value

Debt On Land

Number of Units in Phase 1

Is Water and Sewer in place?

Any infrastructure needs

Timing to go vertical

Describe Experience

Summarize Transaction

What is a construction loan?

A construction loan funds the building of your home in stages. Instead of one lump sum, the money is released in parts as each phase of work is completed and inspected. You can use it to build on a plot you own, extend your current house, or buy a plot and build on it.

Build a new house on your own plot
Add a floor or extend your existing home
Buy a plot and construct on it
Fund major renovation and structural repairs

Construction loan features

Terms built around the way homes are actually built: in stages, over months.

Loan up to 90% of cost

Finance up to 90% of the approved construction cost, based on your eligibility and the property valuation.

Stage-wise disbursement

Funds are released in instalments linked to construction progress, so you pay interest only on what you have drawn.

Tenure up to 30 years

Choose a repayment period that keeps your EMI comfortable. Longer tenure means a lower monthly outgo.

Competitive interest rates

Floating rates linked to the market, with transparent pricing and no hidden charges.

Pre-EMI option

During construction, pay only the interest on the amount disbursed. Full EMIs begin after the final disbursement.

Flexible prepayment

Part-pay or close the loan early when you have surplus funds. Charges are minimal for floating-rate loans to individuals.

Eligibility and documents

Keep these ready to speed up your application.

Who can apply

Indian residents and NRIs aged 21 to 65 at loan maturity
Salaried or self-employed with stable income
Clear title to the plot, with approved building plan

Documents needed

KYC: PAN, Aadhaar, recent photographs
Last 3 months salary slips or 2 years ITR
6 months bank statements
Plot title deed, sanctioned map and cost estimate

Loan processing steps

From application to final disbursement, here is what happens.

Apply online
Submit the application form above. It takes about five minutes.
Document check
Our advisor verifies your KYC, income and property papers.
Valuation and approval
We assess the plot, plan and cost, then issue a sanction letter.
Agreement
Sign the loan agreement and complete legal formalities.
Staged disbursement
Funds are released after each inspected construction phase.

Sample disbursement schedule

Indicative only. Your actual stages are set in the sanction letter.

Construction stage	Typical release
Foundation complete	20%
Plinth level	20%
Slab / roof casting	25%
Brickwork and plastering	20%
Flooring, fittings and finishing	15%

Advantages of CambridgeHomeLoan

Why homebuilders choose us.

Quick approvals

Fast decisions with a simple online process and minimal paperwork.

Transparent pricing

All fees and charges are shown upfront. No surprises later.

Dedicated loan advisor

One point of contact who guides you from application to last disbursement.

Easy EMI options

Pre-EMI during construction and flexible repayment afterwards.

Tax benefits

Eligible for deductions on principal and interest under applicable income tax sections.

Balance transfer

Move an existing construction loan to us for better rates.

Pan-India service

Branches and partners across cities and towns, close to your site.

Site support

Technical inspections are coordinated by us at each stage, so you can focus on building.

Frequently asked questions

Can I get a loan if I do not own a plot yet?

Yes. The plot purchase and construction combination loan covers both the land and the building cost.

When does my EMI start?

You pay Pre-EMI (interest only) on the amount released until the last disbursement. Full EMIs start after that.

How long does approval take?

Once documents are complete, approval typically takes a few working days, depending on property valuation and legal checks.

Can I make changes to the building plan?

Minor changes are fine. For major changes, please inform your advisor so the revised plan can be approved.

Ready to start building?

Complete the application and our team will take it from here.

Apply now