Home Loan

Product Features

• Home Loans of up to Rs. 75 lacs
• Low Processing Fee
• Repayment up to 20 years
• Fixed Rate of Interest
• No Hidden Charges
• Moratorium period may be offered for construction

Eligibility

• Salaried individuals, self-employed individuals & professionals
• Minimum Age – 21 Years
• Maximum Age – 65 Years (loan fully repaid by this age)

Purpose

• Purchase or construction of new house/flat
• Purchase of old house/flat or extension
• Repair or renovation of existing house/flat

Documents Required

• Loan application with 2 passport size photographs
• Proof of Identity: PAN / Passport / Driving License / Voter ID
• Proof of Address: Electricity Bill / Telephone Bill / Aadhaar / Passport
• Last 6 months bank account statements
• Previous loan statement (if any) for last 1 year
• Personal asset & liability statement (Bank format)

Income Proof (Salaried)

• Salary slip or salary certificate (last 3 months)
• Employer identity card
• Form 16 / IT Returns (last 3 financial years)
• Appointment letter / employer certificate

Income Proof (Self Employed)

• Proof of business address
• IT returns for last 3 years
• Balance Sheet & P&L Account for last 3 years
• Business registration / trade license
• Certificate of practice (if applicable)
• TDS Certificate (Form 16A, if applicable)
• Professional Tax registration (if applicable)
• Advance Income Tax payment challans

Property Documents

• Registered agreement for sale / construction agreement
• Municipality approved blueprint
• Payment receipts to builder/seller
• Land tax paid receipt & possession certificate

For more details, please visit your nearest branch.