HOUSE / FLAT PURCHASE
PLOT PURCHASE
HOME CONSTRUCTION
HOME EXTENSION
HOME RENOVATION
HOME LOAN - BALANCE TRANSFER
LOAN AGAINST PROPERTY
LOAN AGAINST PROPERTY
We offers affordable and tailored loans to all our clients and personalise them to suit our clients’ requirements better. Get offer loans for purchase of flats and construction of plots across the country, through our pan-India branch network. We also offer loans for construction, renovation and home extensions. We also accept houses/residential property as collateral for secured loans to self-employed individuals for business and personal needs.
We understand that your house is a very valuable asset financially that can assist you in your progress as well as in times of financial need. Hence, we accept houses/residential property as collateral against which we provide secured loans to self-employed individuals for business and personal needs.
- Low Interest Rates
- Low Processing Fee
- No Hidden Charges
- No Pre Payment Penalty
- Interest charges on Daily Reducing Balance
- Employment type: Salaried / Self Employed
- Resident Type: Resident Indian
- Minimum Age: 18 years
- Maximum Age: 70 years
- Loan Against Property Loan Tenure - Up to 25 years
- Loan Against Property Loan Amount - Up to 30 Lacs
- Applicant & Co-applicant - Maximum of 6 applicants in total co-applicants
Processing Fee*
- 1% of loan amount plus Service Tax, maximum Rs. 50,000/ plus Service Tax.
*Plus applicable taxes
Pre-sanction**
- Advocate's fee for property search and title investigation report.
- Valuer's fee for valuation report.
Post-sanction**
- Stamp duty payable for Loan agreement
- Property insurance premium.
- CERSAI Registration Fee of Rs 50 + GST up to Rs 5 Lakh limit and Rs 100 + GST for limits above Rs 5 Lakh.
** To be paid at actuals.
List of papers/ documents applicable to all applicants:
- Employer Identity Card
- Loan Application: Completed loan application form duly filled in affixed with 3 Passport size photographs
- Proof of Identity (Any one): PAN/ Passport/ Driver’s License/ Voter ID card
- Proof of Residence/ Address (Any one): Recent copy of Telephone Bill/ Electricity Bill/Water Bill/ Piped Gas Bill or copy of Passport/ Driving License/ Aadhar Card
Property Papers:
- Permission for construction (where applicable)
- Registered Agreement for Sale (only for Maharashtra)/Allotment Letter/Stamped Agreement for Sale
- Occupancy Certificate (in case of ready to move property)
- Share Certificate (only for Maharashtra), Maintenance Bill, Electricity Bill, Property Tax Receipt
- Approved Plan copy (Xerox Blueprint) & Registered Development Agreement of the builder, Conveyance Deed (For New Property)
- Payment Receipts or bank A/C statement showing all the payments made to Builder/Seller
Account Statement:
- Last 6 months Bank Account Statements for all Bank Accounts held by the applicants
- If any previous loan from other Banks/Lenders, then Loan A/C statement for last 1 year
Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:
- Salary Slip or Salary Certificate of last 3 months
- Copy of Form 16 for last 2 years or copy of IT Returns for last 2 financial years, acknowledged by IT Dept.
Income Proof for Non-Salaried Applicant/ Co-applicant/ Guarantor:
- Business address proof
- IT returns for last 3 years
- Balance Sheet & Profit & Loss A/c for last 3 years
- Business License Details(or equivalent)
- TDS Certificate (Form 16A, if applicable)
- Certificate of qualification (for C.A./ Doctor and other professionals)
- Low Interest Rates
- Low Processing Fee
- No Hidden Charges
- No Pre Payment Penalty
- Interest charges on Daily Reducing Balance
- Employment type: Salaried / Self Employed
- Resident Type: Resident Indian
- Minimum Age: 18 years
- Maximum Age: 70 years
- Loan Against Property Loan Tenure - Up to 25 years
- Loan Against Property Loan Amount - Up to 30 Lacs
- Applicant & Co-applicant - Maximum of 6 applicants in total co-applicants
Processing Fee*
- 1% of loan amount plus Service Tax, maximum Rs. 50,000/ plus Service Tax.
*Plus applicable taxes
Pre-sanction**
- Advocate's fee for property search and title investigation report.
- Valuer's fee for valuation report.
Post-sanction**
- Stamp duty payable for Loan agreement
- Property insurance premium.
- CERSAI Registration Fee of Rs 50 + GST up to Rs 5 Lakh limit and Rs 100 + GST for limits above Rs 5 Lakh.
** To be paid at actuals.
List of papers/ documents applicable to all applicants:
- Employer Identity Card
- Loan Application: Completed loan application form duly filled in affixed with 3 Passport size photographs
- Proof of Identity (Any one): PAN/ Passport/ Driver’s License/ Voter ID card
- Proof of Residence/ Address (Any one): Recent copy of Telephone Bill/ Electricity Bill/Water Bill/ Piped Gas Bill or copy of Passport/ Driving License/ Aadhar Card
Property Papers:
- Permission for construction (where applicable)
- Registered Agreement for Sale (only for Maharashtra)/Allotment Letter/Stamped Agreement for Sale
- Occupancy Certificate (in case of ready to move property)
- Share Certificate (only for Maharashtra), Maintenance Bill, Electricity Bill, Property Tax Receipt
- Approved Plan copy (Xerox Blueprint) & Registered Development Agreement of the builder, Conveyance Deed (For New Property)
- Payment Receipts or bank A/C statement showing all the payments made to Builder/Seller
Account Statement:
- Last 6 months Bank Account Statements for all Bank Accounts held by the applicants
- If any previous loan from other Banks/Lenders, then Loan A/C statement for last 1 year
Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:
- Salary Slip or Salary Certificate of last 3 months
- Copy of Form 16 for last 2 years or copy of IT Returns for last 2 financial years, acknowledged by IT Dept.
Income Proof for Non-Salaried Applicant/ Co-applicant/ Guarantor:
- Business address proof
- IT returns for last 3 years
- Balance Sheet & Profit & Loss A/c for last 3 years
- Business License Details(or equivalent)
- TDS Certificate (Form 16A, if applicable)
- Certificate of qualification (for C.A./ Doctor and other professionals)
