A Loan That Is Offered By A Bank Or Financial Institution To Fund A Personal Expense Such As Home Renovation, Vacation, A Wedding In The Family, Etc.
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.
|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.|
|Bank Statement:||6 Months Bank statement.|
|Financial Documents(Salaried):||Latest 3 Months Payslips.|
|Financial Documents(Self-Employed):||Company 3 years ITR's- Saral copy, Computation of Income, Profit and Loss Account, Balance Sheet with Schedules.|
|Proprietorship Firm:||Business Registration certificate, Business Continuity Proof,OD/CC Sanction Letter.|
|Partnership Firm:||Company PAN Card, Individual ITR's, Patnership Deed, Provisional or VAT return copies along with VAT Certificate Copy, OD/CC Sanction Letter.|
|Private Limited:||Company PAN Card, Individual ITR's, MOA/AOA, Share holding Pattern, Board Resolution.|
|Property Documents:||Sale Deed Copy/Agreement Of Sale, 15 Years Link Documents, 15 Years Encumbrance Certificate, Municipal Sanction Plan, Latest Property Tax Receipt (incase of resale property) and Vendor Pan Card, LRS required for plot loans, Layout copy for plot loans.|
|Signed Application form With Photograph:||One Photograph.