Housing Loan

Purpose

Buying a new / resale Flat.

Loan Amount

75% or 80%* of the agreement value + stamp duty + registration fees

Loan Eligibility

55/60 times of net monthly salary or 3 to 5 times of average income of last 3yrs (Max. C 140.00 lacs)

Loan Amount	For CIBIL below 750	For CIBIL above 750
Up to 35.00 Lacs	9.50% p.a	9.00% p.a.
Up to 35.00 Lacs to 70.00 Lacs	9.75% p.a	8.75% p.a.
Above 70.00 Lacs	9.00% p.a.	8.25% p.a.
Processing Fees (*Maximum to the extent of Rs.50000)	1% + GST	0.5% +GST

For 2^nd home 0.5% additional and 0.25 % for each deviation.
*No Pre-Payment Charges.

Documents Required :

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

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