Eligibility And Documents

  • PERSONAL LOAN
  • BUSINESS LOAN
  • HOME LOAN
  • PROPERTY LOAN
  • EDUCATION LOAN
  • MUDRA LOAN
  • INSTANT LOAN

FIND OUT ELIGIBILITY FOR GOVERNMENT AND PRIVATE BANKS:-

  • Which interest rate is more flexible and affordable such as fixed rates or floating rates ?
  • What is more easy a prepay option or balance transfer ?
  • Should I take a Loan now or wait ?
 

We try to give answers to all such questions, and make this  loan process simple for you. To find the lender for 20 years term go through the fine print and save for years to come. A perfect loan is loan which gives you lowest rates throughout the tenure, has part payment options and allows you to balance transfer if you wish to.

SPECIAL BENEFITS ON LOAN – PRADHAN MANTRI AWAS/MUDRA YOJNA (PMAY/PMMY) 2.67 LAC

With an easy process of documentation involved, the dream of owning a house has become even more simpler. Though the documents required for a home loan are more or less uniform among various banks, a few specific requirements may vary from bank to bank, depending on the loan amount, purpose of the loan, tenure etc.

The following are a few factors on which the sanctioned loan amount depends:

  • Type of borrower
  • Age of the applicant
  • Income of applicant

CHECKLIST OF DOCUMENTS REQUIRED FOR LOAN:

1. COMPLETED LOAN APPLICATION

Fill an application form given to you on our website to get a call back to get all in details 

2. PROOF OF IDENTIFICATION:

Aadhar Card*

Passport

Pan Card

3. PROOF OF AGE:

PAN card*

Birth certificate

10th class marksheet

Bank passbook*

Passport

Driving license

4. ADDRESS PROOF:

Bank passbook or Bank account statement*
Voter’s ID
Ration card
Passport
Utility bill (telephone, electricity, water, gas) – less than 2 months old
LIC policy/ receipt
Letter from a recognized public authority verifying the customer’s residence address

5. INCOME DOCUMENTS*:

SALARIED INDIVIDUALS (ANY ONE OF THE FOLLOWING):

  • Form 16
  • Certified letter from Employer
  • Pay slip (Last 2 months)
  • Increment or Promotion letter
  • IT returns (for 3 years)
    Apart from the proof of income of the salaried individual, he would also have to furnish any investment proofs (like fixed deposits, shares, etc) and his passport-size photographs.

SELF EMPLOYED OR BUSINESSMAN (ANY ONE OF THE FOLLOWING):

Last 3 years Income tax returns of the applicant along with computation of income duly attested by a Chartered Accountant

Last 2 years Balance Sheet and Profit & Loss account of the firm- duly attested by a Chartered Accountant

APART FROM THESE, A SELF-EMPLOYED INDIVIDUAL ALSO HAS TO SUBMIT:

A brief introduction of his profession/business
Passport size photographs*
Photocopy of Registration Certificate of establishment under Shops and Establishments Act/Factories Act
Photocopy of Registration Certificate for deduction of Profession Tax
Proof of investments
Certificate of Practice
Receipts of advance tax payments (if any )

6. PROPERTY DOCUMENTS:

Sale deed, agreement of sale with the builder (original copy)
Land and building tax paid receipts, location sketch of the property certified by the revenue authorities, possession certificate
Letter of allotment given by the Housing Board/Society/Private builder
Original receipts of the advance payments that are made towards the purchase of flat
An approved copy of the building plan (key plan/floor plan in case of purchase of flats)
Original of the land tax paid receipt and possession certificate as issued by the revenue authority
Original No objection certificate (NOC) from the housing society or builder
Detailed estimate of the cost of construction of house
Letter from the builder/society/housing board, stating their account number and name of their bankers for the remittance of installments/