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We are all in the midst of an unprecedented crisis in the wake of the outbreak of COVID 19 Novel virus cases that are being detected across states. We are trying our best to keep our call centers open to serve you . However we are experiencing a surge in call volumes. We request your patience if you are trying to reach us.
We know it must be frustrating for you not to get an immediate response or to be on hold for a long period. Our sincere apologies for keeping you waiting.
Please be assured that we are trying our best to continue serving you.
We wish you, your family and friends a safe and healthy environment.
Customers should not respond to any messages or call asking for the OTP to avail the benefit of EMI Moratorium.
Thanking you and assuring our best services always.
Magma Housing Finance FAQs
At Magma, we understand the unique needs of the low & middle income housing-segments where end-users are keen to own their own home. We provide localized processing of your proposals, to facilitate property purchase. With competitive home loan interest rates, multiple product options and a team of dedicated professionals bringing our services to your doorstep.
- For construction & purchase of a property
- For acquiring a plot to construct a house
- For re-sale, renovation/Home Improvement & Extension of an existing house
- For balance-transfer & top-up of an existing Loan from a few specified Lenders
- For personal as well as for business-purpose, Loan Against Property is available
- Step 1: Submit loan application with all required documents for KYC, Income, Property title and Valuation.
- Step 2: Official visits for Filed Investigation, Personal Discussion & Tele-verification
- Step 3: After clearance of all queries related to Income, Property Title and valuation,the sanction decision is made
- Step 4: Submission of all requisite Documents for Disbursal, post verification the Disbursal is made, depending on the Loan type.
All key internal processes are handled by a dedicated and knowledgeable in-house team to ensure your application is given due attention and to maintain the highest level of confidentiality.
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Leave your contact details in the Contact Form
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Write to us at Contact Us
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Visit any of our branches Branch Network
Yes. You can prepay the loan, subject to terms & conditions specified and as per guidelines stipulated by NHB from time to time.
Loan amount is subject to income and valuation of Property.
No, You would need to show a bank statement for the past 6 months.
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