Axis Finance Limited, a leading non-banking financial company (NBFC) in India, has launched the Axis Finance Disha Home Loans, a tailored financial product aimed at facilitating homeownership for individuals across various income segments. This initiative aligns with the government’s efforts to enhance access to housing finance, particularly for economically weaker sections (EWS) and low-income groups (LIG). Launched on the auspicious occasion of Akshaya Tritiya, this initiative reflects our continued commitment to inclusive growth, financial empowerment, and housing accessibility.

Disha Home Loans: Tailored Financial Inclusion for Aspiring Homeowners

Customized Solutions for Every Income Profile

Disha Home Loans are built on a unique underwriting framework that adapts to the varied income documentation profiles across the EWS and LIG segments. Whether an applicant is a salaried employee, self-employed trader, artisan, or someone earning informally, the scheme acknowledges income diversity by embracing:

• Formal income documentation (e.g., salary slips, bank statements)
• Semi-formal documentation (e.g., GST records, rental receipts)
• Informal income evidences (e.g., business turnover projections, community validations)

This strategic approach widens the eligibility scope and enhances financial inclusion, especially for first-time homebuyers.

Pan-India Reach with End-to-End Digital Enablement

Axis Finance is extending Disha Home Loans across urban, semi-urban, and rural geographies, with a tech-driven operational model that ensures:

• Paperless onboarding
• Real-time loan approvals
• AI-driven credit assessment
• Automated document verification
• Geo-location-enabled property verification

This digital-first infrastructure delivers unmatched speed and transparency in loan disbursal.

Broad Usage Spectrum: Beyond Just Buying a Home

Disha Home Loans empower borrowers with multiple end-use options under a single umbrella, including:

• Purchase of ready-to-move-in, under-construction, or resale properties
• Plot + construction financing
• Self-construction loans for individual housing
• Home improvement and expansion loans for better living standards

This versatility addresses evolving aspirations while supporting India’s grassroots housing development.

Inclusive Borrower Profiles: Salaried, NRI, and Self-Employed

Recognizing the diversity of India’s workforce, Disha Home Loans are designed to serve:

• Salaried professionals (including NRIs)
• Self-employed entrepreneurs and business owners
• Gig economy workers
• Unorganized sector workers

Borrowers are not judged solely on their credit history, but holistically assessed through proprietary data models that factor in cash flow realities, savings behavior, and alternate credit indicators.

Comparative Analysis: Disha Home Loans vs. Asha Home Loans

To provide a clearer understanding, let’s compare Disha Home Loans with Axis Bank’s Asha Home Loans:​

Feature	Disha Home Loans	Asha Home Loans
Target Audience	EWS, LIG, NRIs, Self-Employed	Salaried Individuals
Loan Purpose	Purchase, Construction, Renovation	Purchase of ready or under-construction properties
Income Documentation	Formal, Semi-formal, Informal	Formal
Interest Rates	Competitive Rates	Starting at 10.05% p.a.
Loan Amount	Up to ₹10 Crores	Up to ₹35 Lakhs
Tenure	Up to 30 Years	Up to 30 Years
EMI Waiver	Not Specified	12 EMIs Waived Off
Processing Fee	Competitive Rates	Up to 1% of Loan Amount

Note: Specific details such as interest rates and processing fees for Disha Home Loans are subject to Axis Finance’s terms and conditions.

Application Process for Disha Home Loan

Applying for a Disha Home Loan involves the following steps:​

1. Eligibility Check: Assess your eligibility based on income, employment type, and credit history.
2. Documentation: Prepare necessary documents, including identity proof, address proof, income proof, and property-related documents.
3. Application Submission: Submit the completed application form along with the required documents to Axis Finance.
4. Loan Processing: Axis Finance evaluates the application, conducts credit appraisal, and verifies the property details.
5. Sanction and Disbursement: Upon approval, the loan is sanctioned, and funds are disbursed as per the agreed terms.

Axis Finance’s ‘Disha’ Home Loan scheme represents a significant step towards inclusive housing finance in India. By addressing the specific needs of EWS and LIG segments, the scheme not only empowers individuals and families to achieve homeownership but also contributes to the broader goal of equitable urban development.