In order to be eligible for a home loan, you need to be

  • A Salaried individual, or
  • A self-employed individual/ professional.

You must qualify in terms of the minimum age and income requirements of the lender and be able to demonstrate a stable income. Different lenders have different eligibility requirements. Most of the lenders have online eligibility calculators on their website, which you could use to check your eligibility before applying for a home loan.