Birla Home Finance Limited

Birla Home Finance Limited has come to be 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, one of the largest housing finance companies in Europe, 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. The loan is offered for a maximum tenure of 20 years.

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 designed for young executives whose earning power will 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 loan is offered for a maximum tenure of 20 years.