Home Loan
Home Loan is a Secured Loan provide by various banks, housing finance companies and NBFC's to purchase a residential property or for home renovation or for repair & improvement of house. Most of the banks provide loan upto maximum limit of 90% of the property value against the mortgage of underlying house as a security.
Home Loan Eligibility Criteria
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Eligible Age: 18 Years to 70 Years
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Eligible Person: Salaried Individual and Self Employed
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Net Monthly Income: ₹ 25,000 and Above
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Work Experience: 3 Years of Work Experience.
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EMI Eligibility: 65% of Net Income.
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Maximum Eligibility: 10-27 times of Net Monthly Income.
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Credit Score: 650 and Above
Home Loan Interest Rate
| Interest Rate |
Ask Us |
| Processing Fee |
0.25% to 1% (depends on FI)/in case of salaried its fixed nominal charges |
| Loan Tenure |
Upto 30 Years |
| Loan Amount |
Starts from ₹ 10 Lakhs |
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Documents For Salaried:
| KYC Documents (ANY 1) |
Residential Proof (ANY 1) |
| Pan Card (Mandatory) |
Aadhaar Card |
| Aadhaar Card |
Passport |
| Voter Id Card |
Voter Id Card |
| Driving License |
Driving License |
| Passport |
Telephone Bill |
|
Electricity Bill |
| Property Documents |
| • In Case of Under Construction |
• In Case of Completed Project |
| CC Plan Copy |
OC |
| Land Agreement |
CC Plan Copy |
| Sales Agreement |
Property Tax Paper |
| Builder NOC |
Share Certificate |
| Other Approvals |
Society NOC |
|
Agreement for Sale |
| Income Proof |
Bank Proof |
| Latest 3 Months Salary Slip |
1 Year Bank Statement |
| ITR for 3 Years |
|
| Latest Form 26 AS |
|
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Documents for Self Employed(Proprietor/Individual Partners/Individual Directors):
| KYC Documents (ANY 1) |
Residential Proof (ANY 1) |
| Pan Card (Mandatory) |
Aadhaar Card |
| Aadhaar Card |
Passport |
| Voter Id Card |
Voter Id Card |
| Driving License |
Driving License |
| Passport |
Telephone Bill |
|
Electricity Bill |
| Property Documents |
| • In Case of Under Construction |
• In Case of Completed Project |
| CC Plan Copy |
OC |
| Land Agreement |
CC Plan Copy |
| Sales Agreement |
Property Tax Paper |
| Builder NOC |
Share Certificate |
| Other Approvals |
Society NOC |
|
Agreement for Sale |
| Income Proof |
Bank Proof |
| Latest ITR for 3 Years |
Latest 1 Year Bank Statement of Savings Account |
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Documents for Proprietorship:
| Business Proof |
Income Proof |
Bank Proof |
| Gumasta |
ITR for last 3 Years with Computation of Income |
Latest 1 Year Bank Statement of Current Account |
| Registered Rent Agreement(If the premises is rented) |
Form 26 AS for Last 3 Years |
|
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Documents for Partnership Firm:
| KYC Documents |
Business Proof |
| Pan Card of firm |
Shop Establishment or any Other Business Proof |
| Partnership Deed |
Registered Rent Agreement(If the premises is rented) |
| Income Proof |
Bank Proof |
| ITR for 3 Years with Computation of Income |
Latest 1 Year Bank Statement of Current Account |
| Form 26 AS for Last 3 Years |
|
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Documents for Private Limited company:
| KYC Documents |
Business Proof |
| Pan Card |
Shop Establishment or any other Business Proof |
| List of Director & Shareholder with their shareholding patterns on company letterhead |
Registered Rent Agreement( If the Premises is Rented) |
| Latest Form 32 |
MOA & AOA |
|
Registation Certificate |
|
In-corporation Certificate |
| Income Proof |
Bank Proof |
| ITR for 3 Years with Computation of Income |
Latest 1 Year Bank Statement of current account |
| Form 26 AS for Last 3 Years |
|
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Documents for Existing Loan (If Existing):
| Existing Loan (IF ANY) |
| Sanction Letter |
| Statement of Account |
