A home construction loan routed through Clean EMI finances building a house on a plot you already own (or are purchasing alongside the loan). Unlike a lump-sum home loan, PSU banks disburse a construction loan in stages — tied to the progress of the build — based on an approved building plan and periodic site inspection. Clean EMI prepares your application and the supporting building documents and forwards them to the PSU bank branch; the bank’s engineer or empanelled valuer verifies each construction stage before releasing the next tranche. Clean EMI does not sanction or disburse funds itself — every stage-wise release is at the PSU bank’s discretion.
State Bank of India, Punjab National Bank, Bank of Baroda, Canara Bank, Union Bank of India, Bank of India, Indian Bank, Central Bank of India, Indian Overseas Bank, UCO Bank, Bank of Maharashtra, Punjab & Sind Bank. Interest rates, fees and final approval are decided by the lending bank.
Fill the eligibility form with your PAN, Aadhaar number, loan requirement and city.
We check your CIBIL score. A score of 700 or above is required to proceed further.
Our team checks your papers and flags anything missing.
We identify the PSU bank and scheme suited to your profile.
You visit the nearest branch for verification; the bank sanctions and disburses.
PSU banks disburse construction loans in stages — typically linked to milestones like foundation, plinth, roofing and finishing — rather than as one lump sum, based on site inspection or the architect’s certification at each stage.
Yes. A construction permit / approved building plan from your local municipal authority is required as part of the documentation.
This depends on your construction pace and how quickly each stage is inspected and certified — the bank releases funds progressively as construction advances, not all at once.
A CIBIL score of 700 or above is required to proceed with a home construction loan application through this portal.
Yes, many PSU banks offer a combined plot-purchase-plus-construction facility — discuss this option with the lending bank branch once your application is matched.
No fee is charged to applicants by Clean EMI. The lending bank may charge its own processing fee as per its published schedule.
Fill the eligibility form; we check your CIBIL and documents.
We identify the right PSU bank and scheme for your profile.
You visit once; the bank reviews, sanctions and disburses.
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