Birla Home Finance Limited is better known as BHW Home Finance, following the take over of the company by BHW Holding AG, after buying out its equal joint venture partner, the K. K. Birla flagship unit Chambal Fertilisers and Chemicals. BHW further merged with Deutsche Postbank Group of Germany, thereby becoming a member of Germany's biggest retail bank and the Group. With over 15 million customers today, Postbank is Germany's leading financial services provider, both in terms of customer numbers and key products. BHW Home Finance Ltd., a National Housing Bank (NHB) registered Company, is a 100% MNC housing finance company.

Headquartered in New Delhi, the company has a network of 40 branches and satellite offices across India. Registered with the National Housing Bank, it has become the fastest growing financial entity. Over time, BHW has established a reputation for itself with an innovative range of home loan products and one of the best service levels in the country. The company provides housing loans for purchase, construction, extension and renovation of property. BHW Easy Home loans are provided for outright purchase of flat or any ready to move-in property, or for properties under construction. BHW finances up to 85% maximum of the cost of the property, which is inclusive of agreement value, stamp duty and registration charges.

Types Of BHW Home Loan
In BHW Easy Step-Up Loans, borrowers have the option to pay smaller amounts (EMI) initially and proportionally larger amounts (EMI) during the later part of the tenure. This home loan product has been specifically designed for young executives, whose earning power would increase as they move up the career ladder. BHW Easy Build Loan is provided for self-construction of a residential property with the company financing up to 90% of the construction cost. The maximum tenure of the loans offered is about 20 years. Other types of loans include Loan against Residential Property, Easy Extend/Easy Land Cum Construction (Loan for land, construction and housing needs), Easy Upgrade (Loan for upgrading the existing house) and Easy Bridge (Loan for purchasing a new property by selling an old one).

Basic Eligibility Criteria

Parameters Salaried Self-Employed
Profile Salaried (Govt. & Corporate) Salaried (Pvt. Ltd) Non professional (proprietors, Director, Agents) Professional (Doc, CA, Engineers)
Age Min - 21 Max - 60 Min - 21 Max - 60 Min - 21 Max - 65 Min - 21 Max - 65
Qualification Graduate Graduate Graduate Graduate
Experience Confirmed employee with a minimum 1 years experience in same company Confirmed employee with a minimum 5 yrs exp in same company / Industry 3 years 3 years
Income Eligibility Min Rs.180000/- per annum Min Rs.180000/- per annum Min Rs.180000/- per annum Min Rs.180000/- per annum

Documents Required For BHW Home Loan

* Age Proof
* Identification Proof
* Passport size Photograph
* Repayment track record, if any
* Bank statement / Pass book copy for last 6 months
* Any other documents, as may be required.
* For Salaried Individual: Latest salary slip or salary certificate and Form No.16 or PF statement or appointment letter in case of Cash Salary.
* For Self-Employed Individual: Last 3 years Income Tax returns duly certified by CA and last 3 years Balance Sheet and Profit and Loss A/c with Annexures and Schedules.