What is BASIC Home Loan all about?

BASIC Home Loan is an ‘Indian’ fintech company, a pioneer in disbursing ‘quick’ & ‘stress-free’ home loans for affordable housing. We empower the agents with access to multiple lenders, an integrated CRM platform to track consumer applications in real time, as well deliver faster & higher payouts for the business they transact through us. In short, BASIC Home Loan makes loan processing hassle-free by offering agents a single interface to manage their multiple customers.

What kinds of loans BASIC Home Loan disburses?

We focus on the home loans and loans against property (LAP).

Why should I become an agent with a BASIC home loan?

When you become an agent with us, you become part of the BASIC Home Loan family dedicated to offer a first-class digital mortgage service to consumers.

Top benefits of becoming an agent at BASIC Home Loan include:

  • An integrated CRM platform, ensuring transparency & security for your customer details
  • Single window access to multiple financial lenders
  • Higher and faster payouts for the business delivered
  • Access to an exemplary support team working round the clock for your needs
  • Dedicated relationship manager for fulfilment support

Who can become an agent with BASIC Home Loan?

Mutual fund agents, financial advisers, direct sales associates (DSAs), insurance agents, or CAs/CSs — anyone can become an agent with the BASIC home loan. All you need is an ‘Android Smartphone’ to access the BASIC home loan mobile application, and login your consumer loan requirement.

What all documents are required to be submitted to become a Basic Home Loan agent?

The basic document requirement from an agent for the KYC purpose is:

  • A Copy of PAN card
  • A Copy of Aadhaar card
  • A Cancelled Cheque

Is there a joining fee to become a Basic Home Loan agent?

Basic Home Loan agent membership is absolutely free.

How do I sign up to become an agent?

The process to become an agent is straightforward, these are the steps that you would need to follow:

  • Download the Basic Home Loan App (link here)
  • Create account on our App to register as an agent
  • You will be asked to provide your name, mobile number, e-mail id, PAN number, address pincode, and select profession to open your BASIC Home Loan Agent Account
  • To further verify your identity and complete profile for doing business with us, you would need to upload a copy of your PAN card and Aadhaar after login

What will be my commission/ earnings?

This will purely depend upon the loan amount sanctioned for disbursal to your consumers. We payout on ‘disbursements’, not on mere ‘lead generations’. For more information on the payout policy, please refer to the FAQs section in our Agent App.

How does the payout structure work?

We have a flat payout structure for all banks, instead of a differential payout, which is generally the norm in the industry. This is an industry-first approach to simplify payouts, and put more money into the hands of agents. We believe flat payout structure encourages agents to login their consumers for loans where approval chances are the best, rather than payouts.


We have different categories for payouts, for more information, please refer to the FAQs section in our Agent App.