Housing Loan

Purpose

A home loan is a financing solution that you can avail of to buy your desired property.

Eligibility

• Limit up to 140 Lakhs.
• Up to 90% Advance Against Estimated Cost / Or Purchase Deed/Valuation.
• 70% Advance for to 10 Year Sold Flat / Bungalow / Row HOUSE.
• Period 240 Months.
• 0.50% Processing Fees of Loan or Max Rs:-10,000/-
• Rs. 10 lakhs Limit for Renovation of Old House.
• A guarantor is not required, subject to the applicant having a CIBIL score above 700
• Borrower / Partners / Directors / Guarantors must be a member of the Bank.

Document Required

• For salaried individuals : Please provide the latest 3 months' salary slips, Form 16 along with Income Tax Returns (ITR), and the last 6 months' salary account bank statements
• For business owners: Please provide the Profit & Loss Account, Balance Sheet, Computation of Income, and Income Tax Returns (ITR) for the last 3 financial years
• Residential Proof / Light bill N.A.Tax Receipt.
• Pan Card & Aadhar Card.
• Agreement to Sale / Sale Deed of Apartment Deed /Apartment Declaration.
• Payment Receipts.
• Completion Certificate
• Sanction of Bldg Permit & Commencement Certificate.
• Approved Plan Blue Print.
• Completion Certificate
• Latest 7/12 & 6D Abstract for 30 Years.
• Title Search Report.
• Share Certificate, Conveyance Deed, In Case of Society.
• Noc from Builder / Society to Mortgage the Property.
• Sale Deed / Development Agreement / Power of Attorney from Original Owner of the Property.
• NA Order, NA Tax paid Receipt.
• Salary Under Taking for Salaried.
• Two Guarantors Aadhar Crad / Pan Card / Two Photo.
• Two Guarantors Latest Financial Papers ITR B/S & P/L & Computation of income with all Schedule For Last 3 Year Certified by C.A