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Housing Loan

Purpose

Buying a new Flat/purchasing a resale Flat.

Loan Amount

80%* of the agreement value + stamp duty + registration fees

Loan Eligibility

55/60 times of net monthly salary or 3.5 to 4 times of average income of last 3yrs (Max. C 140.00 lacs)

Loan AmountFor CIBIL below 700For CIBIL above 700

Up to 35.00 Lacs

9.25% p.a8.25% p.a.

Up to 35.00 Lacs to 70.00 Lacs

9.50% p.a8.50% p.a.

Above 70.00 Lacs

8.50% p.a.7.50% p.a.

For 2nd home 0.5% additional. Processing Fees: 1%* + GST.
*No Pre-Payment Charges.

Documents Required :

  1. 3 years ITR with one year Bank Statement / 3 months salary slip with Form 16 and one year Bank statement.
  2. Satisfactory CIBIL Report
  3. Copy of Property Documents with Originals (Chain of Agreement)
  4. 2 Guarantors with 3 years ITR with one year Bank Statement / 3 months salary slip with Form 16 and one year Bank statement.
  5. Complete KYC documents of Applicant and Guarantors