How Much Loan Can I Avail?

You can avail a maximum of 85% of Agreement Value plus stamp duty charges. However your loan amount may differ as per your income eligibility as appraised by the bank. All Loans are at the sole discretion of the bank.

What is the term of the loan that banks offer?

The maximum term that banks/financial institutions offer ranges from 15 to 25 years.

What are the documents required for availing a home loan?

Basic Documents 

• Completed application form
• Photograph
• Photo Identity Proof
• Residence Address Proof
• Signature Verification Proof
• Age Proof
• Fee Cheque 

For Salaried applicants 

• Last 3 months’ Salary Slip
• Form 16
• Repayment Track record of existing loans/Loan closure letter
• Bank Statement for the last 6 months from Salary Account 

For Self Employed Applicants 

• A brief introduction of Business/Profession
• Photo Identity Proof, Residence Address Proof, Signature Verification Statement for all the main partners/directors
• Repayment Track record of existing loans/Loan closure letter
• Board Resolution in case of a company
• Proof of the existence of the company
• Office Address Proof
• Income Tax Return / Computation of Total Income / Auditors Report / Balance Sheet / Profit & Loss Account certified by Chartered Accountant for last 2 years (both for business and personal of partners/directors)