1 and 2 bhk flat in new panvel under construction

Loans

HOME LOAN

The applicant should be at least 21 years of age to be eligible for a home loan and having a regular source of income from employment or personal business. The loan must terminate before or when the applicant turns 65 years of age. The applicant should also produce at least 6 months of income proof.

LOAN AMOUNT

The loan amount depends on a number of factors such as age, income, number of dependents, qualifications, assets and liabilities, income stability, business, profits etc. However, there are ways in which to increase loan eligibility and amount. If a spouse of fiancée is earning, applying together as co-applicants can increase chances of a larger loan amount. In such cases, proof of marriage must be submitted. On the contrary, if there are any co-owners, they must necessarily be co-applicants. Providing additional security like bonds, fixed deposits and LIC policies may also help in enhancing eligibility. However, the most important factor in sanctioning loans is its repayment ability. The total amount also includes registration charges, transfer charges and stamp duties.

DOCUMENTS REQUIRED FOR HOME LOANS

Documents required for self-employed persons :
  • Updated pass book or Xerox copy of the applicant’s statement of accounts for the past 6 months.
  • A Xerox copy of the applicant’s ration card
  • A profile of the applicant’s business, mentioning at least the nature of the business, client list, suppliers, employee strength, geographical strength etc.
  • In the case of a business partnership, a copy of the partnership deed, 3 years Profit & Loss account, B/S, computation of income certified by a CA and an income tax return file statement for 3 years is required
  • If the company applying for a loan is a Pvt. Ltd company, a remuneration certificate, the board resolution for fixing remuneration, the company’s annual report and individual IT returns for the last 3 years is required
Documents required for employed persons :
  • Latest salary certificate or the original slip
  • A Xerox copy of Form no. 16A (TDS Form) from the applicant’s Employer
  • The original certificate from the applicant’s employer for any other allowances that are not reflected in the applicant’s salary slip
  • A Xerox copy of the applicant’s updated bank pass book or a statement of the applicant’s accounts for the last 6 months
  • A Xerox copy of the applicant’s voter I.D card or the applicants Company’s I.D or the applicant’s passport/ration card
  • A passport size photograph of the applicant & co-applicant

DOCUMENTS REQUIRED DISBURSEMENT

The loan will be sanctioned after the selection of property and submission of the required legal documents. Some time will be taken to verify documents for the safety of the applicant. The 230 A clearance of the seller and / or 371 clearance from the appropriate income tax Authorities (if applicable) is also needed. Once the above has been submitted and verified, the registration of the conveyance deed and investment of the applicant’s own contribution and the loan amount will be disbursed by the bank. The disbursement will be in favor of the builder.

  • Loan Agreement
  • Disbursement Requests
  • Post-dated Cheques
  • Personal Guarantors Document
Drop us a message

You're in the right place! Just drop us a message. How can we help?

Or see contact page
   

low budget flats in new panvel

1 bhkk flat on rent in panvel

new panvel property rates

millennium groups projects in panvel

2 bhk flats in panvel near bus depo

1 bhk flat in panvel for sale

under construction flats in panvel

1,2 & 3bhk new projects in panvel

1 bhk flat for sale in panvel

property in new panvel near railway station

new projects in panvel near railway station

1 bhk flat in panvel for sale

ready to move flats in new panvel

residential project in panvel

ready to move flats in new panvel

2 bhk in navi mumbai for sale

2 bhk flat in new panvel under construction

resale flats in new panvel

2 bhk flats in panvel near D-mart

2 bhk flat in new panvel near orion mall

3 bhk resale flats in panvel

flats for sale in new panvel near by orion mall

millennium groups  projects new panvel

upcoming residential projects in new panvel

1bhk near by orion mall

flats in panvel near railway station

1 bhk in panvel in 50 lakh

new pre launch projects in panvel

new panvel opposite D-mart new projects

new launch project in panvel near by railway station

1 bhk flat for sale in new panvel

property in new panvel near railway station

2bhk rent for new panvel

new construction in panvel near railway station

2 bhk resale flats in new panvel

2 bhk flats in mansarovar new panvel

ready to move flats in new panvel

2 bhk flat for sale in new panvel near railway station

low budget flats in new panvel

property in new panvel near railway station

new projects in panvel near railway station

2 bhk flat in panvel for sale without brokerage

2 bhk flats in panvel near by railway station

1 bhk flat for rent near by orion mall new panvel

2 bhk in panvel near by D-mart

1 bhk flat for sale in new panvel

1 bhk flat in panvel near railway station

property in new panvel near railway station

new panvel property rates

new construction in panvel near railway station

pre launch projects in new panvel

resale flats in navi mumbai

row house for rent in new panvel

1 bhk resale flats in new panvel

2bhk millennium hiton projects in panvel

upcoming residential projects in new panvel

1 bhk flat in panvel for rent

1 bhk new  panvel

under construction residential projects in panvel

2 bhk in panvel

Millennium hilton new panvel

1 bhk flat for sale in new mumbai

navi mumbai property rates near by railway station

2 bhk flat in new panvel under construction

2 bhk resale flat in old panvel

1 bhk flat in new panvel for sale

real estate agent in old panvel

2 bhk flats for sale in panvel near by D-mart

panvel resale flats in millennium hilton

1 bhk flat for sale in new panvel

2 bhk flat in panvel for sale without brokerage

1 bhk resale flat in new panvel

new launch project in panvel near by railway station

under construction flats in panvel

2 bhk flats in new panvel near railway station

new pre launch projects in panvel

2 bhk flat in new panvel for sale

2 bhk in navi mumbai

2 bhk flat in new  panvel

list of real estate agents in panvel

property in panvel new projects 3bhk flats at new panvel row house for rent in new panvel 2 bhk flat resale in new panvel 1 bhk flat for sale in new panvel 1rk room in  new panvel 2 bhk flat in new panvel near orion mall low budget flats in new panvel 2bhk flat sale in panvel property agent in panvel low budget flats in panvel new panvel property rates 3 bhk in new panvel 2 bhk flat in new panvel under construction property in new panvel near railway station 2 bhk flat at panvel 2 bhk flat in new panvel under construction millennium groups 3 bhk projects in panvel 1 bhk flat in panvel station navi mumbai millennium groups projects in panvel