Home Loan
PURPOSE
  • Purchase of new flat and construction of house or purchase of old flat / house
  • Repairs/ improvements/ extension of the existing residential property.
ELIGIBILITY
  • Indian citizen above 18 years.
  • Individual, either singly or jointly with other family members viz. father, mother, son and spouse, who have regular sources of income as co-applicants.
  • Contact our nearest branch for further details.
MAXIMUM AMOUNT
  • Upto Rs 60 lakh.
REPAYMENT
  • Upto 180 installments for all [ maximum ].
  • Flexible methods of repayment.
RATE OF INTEREST
Interest @ 12% p.a., are being calculated on basis of Reducing Loan amount.
SURETIES/SECURITY
If the house/ flat proposed to be purchased, is yet to be constructed or is under construction, interim security may be required (till the period of its completion)
INSURANCE
Property insurance is compulsory for the valuation of the property.
DOCUMENTS REQUIRED FOR HOME LOAN
  • Application form for home loan.
  • Two guaranters (under the terms and condition).
  • Colour photographs, address proof (identity card, pan card, aadhar card, ration card etc.)
  • Introduction by Director or Staff.
  • Registration certificate/ buis ness proof/ buisness license
  • Income tax returns, B/S, P&L of previous three years/ salary slips or income proof/saral form/ form 16.
  • Original purchase document (sale deed / sale agreement).
  • Sanction plan, 7/12 extract, 8-A extract ,city survey index2 (within 1 month).
  • N.A order/ acceptance plan/ acceptance map/ acceptance building plan construction license
  • Construction completion certificate.
  • Valuation fees, C.A. fees, advocate fees(as per terms and conditions)
  • Flat agreemnet.
  • Copy of deed of declaration.
  • Non objection certificate from builders/society.
  • Regi.mortage deed ,index 2, boja nondi utara.
DOCUMENTS REQUIRED GUARANTOR
  • Colour photographs, address proof (identity card, pan card, aadhar card, ration card etc.)
  • Income tax returns, B/S, P&L of previous three years/ salary slips or income proof/saral form/ form 16.
  • Property card, 7/12 extract