If a Property was purchased/constructed from own funds, Muthoot Housing Finance Company Limited can refinance the customer a portion of the funds spent on the purchase or construction of the house provided that the property purchase/construction was completed within the last 6 months.

Loan Amount

You can get a refinance loan amount varying from Rs. 3 lakh to Rs 40 lakh from Muthoot Housing.

Loan To Value (LTV)

The maximum loan you are eligible for is 80% of the value of your property


Choose from our flexible tenures up to 20 years.

Installment Calculator

Use our free and easy to use installment calculator to calculate your loan installments for home construction.


The property is mortgaged until full repayment of the loan.

Property Ownership

You should be the owner of the home or property for which you want the loan.


Indian citizens, both salaried or self-employed, can apply for a loan for home construction.


You need to be at least 21 years of age when applying for a home loan for self-construction. You should be 65 years or less at the time of loan maturity.

Location of Property

Your property should be in a city with an MHFL office and lie within the branch’s geo-limits.


You should have a bank account. All owners of the property being financed and all individuals whose income has been considered for the loan have to be co-applicants to the loan.

Provide the Documents

You need to provide documents for identification and address proof. All Government approved documents are required. Please provide the bank/ITR statements and ownership documents (if applicable).

Complete the Loan Application Process

Make your spouse, adult child or parent with whom you are building the home, the co-applicant to your loan. The co-owner of the property should also be a co-applicant. Our customer care executives are always happy to help you correctly complete the loan application process.

We are near you

Frequently Asked Questions

Like every other home loan, you need to consider your eligibility and repayment capacity when taking the refinance loan. There should be no other loan on your property, and your property ownership or construction should not be more than six months old.

Yes, a refinance loan is a great way to ease your finances. You can use it to top off a current loan.

pay online

apply now

contact us

become partner