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:

• Home Loan can be availed by salaried individuals, self employed individuals and professionals.
• Minimum Age-21 Years
• Maximum Age-65 Years (the age by which loan should be fully repaid).

Purpose:

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

Documents Required (applicable to all applicants):      

• Loan Application: Loan application form duly filled in affixed with 2 passport size photographs.
• Proof of Identity (Any one): PAN/Passport/Driving License/Voter ID Card.
• Proof of Residence/Address (Any one): Recent copy of Telephone Bill/ Electricity Bill/Passport/Voters ID card/ Aadhar Card.
• Last 6 months bank a/c statements for all bank accounts held by the applicant.
• If any previous loan from other banks/lenders, then loan account statement for last 1 year.
• Personal asset liability statement in the Bank’s standard format.

Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:

• Salary Slip or Salary Certificate of last 3 months.
• Copy of identity card issued by the employer.
• Copy of Form 16 or IT Returns for the last 3 financial years, acknowledged by IT Dept.
• Copy of employer certificate, appointment letter(duly attested by the employee).

.

Income Proof for Self Employed/ Co-applicant/Guarantor:

• Proof of business address.
• Copy of IT returns for the last 3 years.
• Balance Sheet & Profit & Loss A/c for last 3 years.
• Business Proof (Registration Certificate of establishment, Trade License, Sales Tax Registration, etc.)
• Copy of certificate of practice (if applicable).
• TDS Certificate (Form 16A, if applicable).
• Copy of Registration Certificate for deduction of Professional Tax (if applicable).
• Copy of challans evidencing payment of Advance Income Tax.

Property Documents (applicable to all applicants):

• Agreement for sale (duly registered for states where applicable), Construction agreement.
• Blueprint stamped by Municipal Authority.
• Payment receipts to builder/seller.
• Original copy of land tax paid receipt & possession certificate issued by the revenue authorities.

For more details Please visit your nearest branch.