Home Loan Overview
Home loan provide to individuals/ borrowers to purchase a residential property whether it may be under construction, ready or resale property. It is also provided for renovation, extension & improvement of exiting resident property.

Home Loan Finance Process

• Application form & document submission
• CIBIL report check
• Residence verification
• Office verification
• Eligibility calculation
• Personal discussion
• Legal & Technical 
• Credit decision
• Offer letter
• Registration of property 
• Disbursement

Criteria for home Loan

• An Indian Resident 
• Individuals, Self-employed, Proprietors, Private Limited Company, Partnership Firms and Professionals are eligible for home loan 
• For salaried/ Individuals Maximum age of applicant at loan maturity is 58 years or date of retirement
• Minimum age of 21 years
• For self employed or professional maximum age of applicant at loan maturity is 65 years 
• Tenure for home loan from 5 years to 30 years
• Rate of Interest between 7.00% to 9.75%
• Processing Fees 0.25% to 1% + GST (for Self-Employed)
• Processing Fees of Rs.10000/-+ GST (Salaried Individuals)

Documents required for Home Loan

• Identity roof & Address proof
• Legal proof-GST Certificate with GSTR-3B, Shop Establishment etc. (for Self-Employed)
• Last 3 Years Form 16 / Income Tax Return 
• Last 6 months salary slip 
• Latest 12-month bank statement 
• Existing Loan / Obligation details 
• Property documents

Balance Transfer of Home Loan
Why we do balance transfer?
We do balance transfer because of good and competitive rate of interest and additional top–up amount for renovation, extension and improvement of exiting resident property.

Required additional docs for home loan BT:-

• Required Property LOD ( List of Document) from Existing Bank ( From you are transferring your loan)
• Required FC ( Foreclosure letter ) from Existing Bank ( From you are transferring your loan)