Home loan eligibility differs across lending institutions and loan schemes. However, a common set of housing loan eligibility criteria is given below : Nationality: Indian Residents and Non-Resident Indians (NRIs), Person of Indian Origin (PIO) Credit Score: Preferably 750 and above Age Limit: 18 - 70 years Work Experience: At least 2 years (for salaried) Business Continuity: At least 3 years (for self-employed) Minimum Salary: At least Rs. 25,000 per month Loan Amount: Up to 95% of property value Your home loan eligibility also depends on the type of property you are buying and the location of the property.