Home Loans For The Purpose Of Self-Construction Of A Residential House Property. This Is A Unique Offering For Customers Who Already Have Land Owned By Them And Need Funds For Financing The Construction Of The Residential House Property On The Land.
Best Interest rate for Women
Tenure up to 30 years
Loan amount up to 80-90% of cost of property
Compare across banks
Tax Benefit in principal and interest
Loan for Construction, improvement, BT,Top up etc.
Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.
|Minimum age of applicant:||21 years of age for salaried individuals and 25 for self employed|
|Maximum age of applicant at loan maturity:||58 years of age for salaried individuals and 65 for self employed|
|Who can apply:||Resident Indian/NRI|
|Minimum Net Monthly Income:||Rs 15,000|
|Employment Type:||Salaried/ Self-employed professionals and nonprofessionals
|Down payment and repayment of loan :||Banks require the borrower to fund at least 20% of the entire loan amount as the down payment.
Home Loans are repaid through Equated Monthly Installments (EMIs) that comprise both the principal and interest.
|Individual ID proof:||PAN Card, Passport, Driving License, Voter ID, Aadhar Card.|
|Signature Proof:||PAN Card, Passport, Driving License, Bank Verification form.|
|Address Proof:||Passport, Driving License, Voter ID, Aadhar Card, Mobile/Land line Bill, Rental Agreement, Gas Bond with Bill, Sale Deed,Property Tax, Electricity Bill, Aadhar Card.|
|Own House Proof:||Sale Deed, Property Tax, Electricity Bill.|
|LandLine/Post Paid Mobile Bill:||Mandatory.|
|Office Address Proof:||Telephone Bill, VAT Balance Sheet with Schedules, Current A/C Statement, Rental Agreement, Electricity Bill(if office own), Property Tax, Sale Deed.|
|Company 3 years ITR's:||Saral Copy, Computation of Income, Profit and Loss Account, Balance Sheet with Schedules.|
|Bank Statement:||6 Months Savings and Current Bank Statement.|
|If turn over above 1 crore:||Form no. 3CB, 3CD Required.|
|Proprietorship Firm:||Business Registration certificate,Business Continuity Proof,All Existing Loan Tracks,OD/CC Sanction Letter|
|Partnership Firm:||All Directors KYC,Company PAN Card,Individual ITR's,Patnership Deed,Provisional or VAT return copies along with VAT certificate copy,All Existing Loan Tracks,OD/CC Sanction Letter|
|Private Limited:||All Directors KYC,Company PAN Card,Individual ITR's ,MOA or AOA,Share holding Pattern,Board Resolution|
|Signed Application form With Photograph:||Two Photographs.