Home Loan

Yes. If your existing loan carries a comparatively higher interest rate, you may explore a Balance Transfer with another lender.

Aura Fund can review the outstanding principal, current ROI, remaining tenure and other loan details to assess whether refinancing may be worth considering.

Important: A lower interest rate does not automatically mean a lower overall cost. Processing fees, legal/technical charges, related costs, remaining tenure and the new repayment schedule should also be considered.

Potentially, yes. EMI can change depending on the new interest rate, outstanding principal and selected tenure.

For example, a lower ROI may reduce the EMI if the tenure remains unchanged. Alternatively, a longer tenure can reduce the EMI further but may increase the total interest payable over the life of the loan.

Aura Fund can help you compare the available structures before proceeding.

Yes. If your income and repayment capacity permit, you may choose a shorter tenure.

A shorter tenure generally means:

Higher EMI + Lower total interest outgo

A longer tenure generally means:

Lower EMI + Higher total interest outgo

The appropriate tenure depends on your cash flow, income stability and financial objectives.

Loan tenure has a significant impact on your monthly EMI and total interest cost.

Aura Fund can help evaluate different tenure options so that you can understand the impact of:

• EMI
• Total interest payable
• Loan repayment period
• Monthly cash-flow requirements

The objective is to identify a repayment structure that is appropriate for your financial profile rather than simply choosing the longest available tenure.

ROI means Rate of Interest charged by the lender on the loan.

The applicable ROI may vary based on:

• Borrower profile
• Credit score/history
• Income
• Employment/business profile
• Loan amount
• Property profile
• Loan-to-value ratio
• Existing banking relationship
• Lender's internal pricing and policies

The final rate is determined by the concerned lender.

Yes. Aura Fund works with multiple lending institutions and can evaluate your profile to identify lenders where your requirement may fit their prevailing credit and pricing policies.

The final ROI is subject to lender approval and the terms offered by the lender.

Vendor BT-cum-Purchase is a financing structure generally used where a buyer is purchasing a property from an existing owner/vendor who has an outstanding loan against that property.

The new lender may structure the transaction so that:

• The buyer purchases the property.
• The existing vendor's loan is taken over/closed as part of the transaction.
• The balance eligible amount is released towards the purchase consideration.
• The property is transferred to the buyer, subject to applicable legal and lender processes.

This can be useful in eligible resale transactions where the property already has an existing lender charge.

Yes. Aura Fund can evaluate eligible Vendor BT-cum-Purchase transactions and coordinate the financing process with the proposed lender.

The transaction remains subject to property title verification, existing lender requirements, valuation, buyer eligibility, seller documentation and the credit policy of the new lender.

Assignment Funding can be relevant in certain property transactions where the buyer acquires rights or interest in a property through an assignment structure, subject to the applicable legal and lender framework. In such a case, the seller has acquired the property but is yet to execute the registration/sale deed, and the seller, builder and buyer enter into an assignment agreement to complete the sale of the property.

Aura Fund can evaluate eligible assignment-related property funding requirements and explore appropriate financing options with lenders that consider such structures.

Note: Acceptance of assignment transactions varies significantly between lenders and depends on the underlying agreement, title, approvals, transaction structure and legal due diligence.

We can evaluate the transaction and identify potential financing routes where the structure and documentation are acceptable to the lender.

Since assignment transactions can involve additional legal and documentation considerations, funding is subject to detailed lender due diligence and approval.

Debt consolidation involves restructuring or combining eligible existing liabilities into a more organised financing arrangement, where permitted by the lender.

For eligible borrowers, property-backed financing may sometimes be used to consolidate certain high-cost or multiple liabilities.

For example:

Existing Home Loan + Eligible Personal/Business Liabilities → Structured Consolidated Facility

The exact structure depends on the borrower's profile, property value, income, liabilities and lender policy.

Where eligible, consolidation may help:

• Reduce the number of separate EMIs
• Simplify monthly repayment management
• Replace certain higher-cost borrowings with a secured facility
• Improve cash-flow management
• Create a more structured repayment plan

However, converting unsecured debt into a property-backed loan also means that the property becomes part of the security for the consolidated facility. The overall cost and risks should therefore be carefully evaluated.

Depending on the lender's policy and your eligibility, an additional Top-Up may be available over an existing Home Loan.

Eligibility may depend on:

• Existing repayment track record
• Outstanding loan
• Property value
• Income
• Credit profile
• Existing liabilities
• Lender's LTV and policy norms

Yes. Home Loan BT + Top-Up is a common financing requirement, subject to the new lender's eligibility criteria.

Aura Fund can evaluate both requirements together and explore an appropriate structure.

In some cases, lenders may permit Top-Up funds for specified purposes, including certain business or property-related requirements.

However, permitted end-use varies by lender and product. The borrower should disclose the intended use of funds, and the final permitted usage will be determined by the lender.

Loan eligibility depends on several factors, including:

• Income
• Existing EMIs and liabilities
• Credit history
• Age
• Employment/business profile
• Property value
• Loan-to-value ratio
• Loan tenure
• Lender's eligibility criteria

Aura Fund can conduct an initial assessment based on the information and documents provided.

Home Loan tenure can vary by lender and borrower profile. Tenure of up to 30 years^** (conditions apply) may be available for eligible borrowers, subject to age, income, lender policy and other applicable criteria.

Yes. Home Loans can be available for eligible resale properties, subject to the lender's legal, technical and valuation assessment.

The lender may review:

• Property title
• Previous ownership documents
• Approved plans (subjective)
• Encumbrances
• Property age and condition
• Sale agreement
• Valuation
• Existing loan, if any

Yes. Depending on the lender and product structure, financing may be available for eligible plot purchases and/or construction.

The lender may require approved plans, construction estimates, title documents and other applicable approvals.

Yes. Whether you are looking for Balance Transfer, Top-Up, better ROI, tenure optimisation, debt consolidation or additional funding, Aura Fund can review your existing facility and explore suitable options.

No. Aura Fund does not guarantee loan approval, sanction amount or a specific ROI.

Our role is to understand the requirement, assess the profile, explore suitable financing options and coordinate with the relevant lender. The final decision rests with the lender after its credit, legal, technical and valuation assessment.

We can help compare the existing and proposed structures based on:

Current Loan → Outstanding Principal → Existing ROI → Remaining Tenure → Current EMI → Proposed ROI → New Tenure → New EMI → Applicable Charges → Estimated Overall Cost

This allows you to evaluate the potential financial impact before deciding whether a Balance Transfer is appropriate.

Aura Fund combines multi-lender access, lending expertise and transaction-level coordination to assist with both standard and complex home loan requirements.

Whether you need a straightforward Home Loan or a more specialised transaction such as BT + Top-Up, Vendor BT-cum-Purchase, Assignment Funding or debt consolidation, we help structure the requirement and coordinate with appropriate lending institutions.