Home Loan

> >

Own Contribution in Home Loan

Quick apply

Just 60 seconds to apply

Enter your first and last name
Enter your 10-digit mobile number
Enter your pin code

I authorize Bajaj Finserv representative to call /SMS towards this application and other products/services. This consent overrides my registration for DNC/NDNC. T&C

Enter net monthly salary
Enter date of birth
Enter PAN
Select employer name from the list
Enter personal email address
Enter official email address
Enter current monthly obligations
Enter net monthly salary
Enter annual turnover (18-19)

Thank you

What Is the Own Contribution in Home Loan

A borrower pays some amount of money to the bank or non-banking finance company from his or her own pocket to become eligible for home loan. This amount is the borrower’s own contribution in home loan. The builder or reseller issues a money receipt to the borrower and this this known as the margin money receipt or own contribution receipt. Most lenders ask that borrowers pay at least 20% of the cost of the home from their own means.

With the own contribution in home loan, the lender reduces their risk of lending. The own contribution in home loan also underlines the financial commitment of the borrower to the property. Therefore, with own contribution in home loan, lenders offset their risks and offer the borrower a home loan for the remaining amount.

People Also Considered

Home Loan EMI calculator

Calculate your monthly EMI, installments and rate of interest applied on the loan amount


Home Loan Balance Transfer

Get a top-up loan without any extra documentation


Home Loan eligibility calculator

Determine your Home Loan eligibility and accordingly plan the application amount


Homes and Loans

Find your dream home from
18000 + properties

Explore More