ELIGIBILITY CRITERIA FOR HOME LOANS
| Age | For Salaried – 21 to 60 years. For Self-Employed – 21 to 65 years. For Self-Employed Professional – 21 to 65years. |
| Occupation type | Salaried/ Self-Employed /Self- Employed Professional. |
| Loan amount | Starts from Rs 1 lakh upto Rs 10cr (dependingupon the applicant’s profile/property value and the lender’s policies). |
| Loan Tenure | Up to 30 years. |
| Interest Rate | Starts anywhere from 6.70% (subject to lender’s policies). |
| Loan to Property Value | Ranges from 50%- 90% depending upon lender’s policy and product category. |
| Credit Score | Usually 750 and above is considered a good credit score by most lenders. |
DOCUMENTATION
| For Salaried Age Proof: Pan Card/ Voter ID Card/ Class 10th mark sheet /Birth Certificate /Passport/ Aadhar Card Identity Proof: Passport/Driving License/Voters ID/Aadhar Card /PAN Card/ Job ID Card Address Proof: Passport/Any utility bills/Aadhar Card/Rental Agreement/Ration Card. Income and Bank Statements- Current 3months Salary Slip. Form-16 / ITR Six Months Bank Statement Updated (salary account). Property Papers: a. Registry Paper b. Link Registry c. Diversion Paper d. P1, P2 (Khasra, Naksha, Khatauni) e. Blue Print Map. | For Self-Employed Age Proof: Pan card/ Voter ID Card /Class 10th mark sheet/ Birth Certificate/ Passport/Aadhaar Card Identity Proof: Electricity Bill (Residence & Office)/Passport Driving License/Voters ID/Aadhar Card /PAN Card Address Proof: Passport/Any utility bills/Aadhar Card Income and Bank Statements- Income Tax Return of last 2 years including: Computation of Income (CA Certified),Audited Balance Sheet +Assets Account +Capital Account +Profit & Loss Account +Receipt & Payment Account +Bank Statement +Updated 6 months Property Papers: a. Registry Paper b. Link Registry c. Diversion Paper d. P1, P2 (Khasra ,Naksha, Khatauni) e. Blue Print Map. |
