Reverse Mortgage
Turn Your Home into a Monthly Income
Access the value of your self-owned home and receive it as regular income – without selling your house or paying any EMI. Ideal for senior citizens looking for a steady source of funds in retirement.
60+ yrs
Minimum Age
Up to 60%
Of Property Value
₹0
EMI Required
Key Features & Benefits
Live in your home for life while enjoying tax-free income, with full ownership retained.
Popular Use Cases
From daily expenses to family support, flexible ways to use your reverse mortgage funds.
Daily Living Expenses
Supplement your pension with a steady monthly income.
Medical Treatment
Cover healthcare costs without dipping into savings.
Home Upkeep & Renovation
Maintain or improve the home you continue to live in.
Supporting Family
Help children or grandchildren with education or a big expense.
Travel & Leisure
Fund the retirement you've earned, on your own terms.
Debt-Free Retirement
Pay off any small existing loans and live EMI-free.
Eligibility Criteria
Who qualifies: age, ownership, and property conditions you need to meet.
Age
Age 60 years and above (spouse can co-apply from 55+)
Homeownership
Full ownership, or only a small existing loan balance
Property Type
Self-occupied residential only
Property Age
Should be in good, structurally sound condition
Residency
Property must be your primary residence
Income
Sufficient to continue paying property tax & insurance
Required Documents
Simple documentation to get your reverse mortgage approved faster.
PAN Card and Aadhaar Card
Proof of age (birth certificate/passport / PAN)
Property ownership documents (Sale deed, Title deed)
Property tax receipts
Property valuation report
Bank statements for the last 6 months
Existing loan/mortgage statement, if any
NOC from co-owners or legal heirs, where applicable
Reverse Mortgage Loan FAQs
Answers to common questions about eligibility, taxation, and repayment.
A loan that lets senior citizens borrow against their home's value and receive it as income, with no monthly repayment — the opposite of a regular home loan.Â
No. You continue to live in and own the property for as long as you wish.Â
No. It's treated as a loan disbursement, not income, so it isn't taxed.Â
Based on your age, the property's market value (assessed by the lender's valuer), and the payout tenure chosen. Typically up to 60% of fair market value.Â
Turn Your Home Into Income, Without Giving Up Your Home.
Reach out to our advisors to discuss how a reverse mortgage can support your retirement.