Housing Loan

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HOUSING LOAN (FOR LOANS Sanctioned FROM 01/04/2024)

(Loans Sanctioned From 01/04/2023)

90% of House Price mentioned in Sale Deed (bana khat) – 240 Months – 8.75%, 90% - of Re-Sale Value – (Against Old House) – 180 Months – 8.75% Maximum Limit – Rs. 1,40,00,000

Documentation For Applicant :
  • (1) Passport Size Photos
  • (2) Photo ID - Pancard / I-Card (Ele. Card / Driving Licence / Passport / Aadhar Card)
  • (3) Date of Birth proof
  • (4) Applicant’s Income Proof :
    (i) If employed, salary slip of last month and copy of Form-16, IT Return and Statement of Total Income
    (ii) In case of a Firm/Co.
    Copy of Partnership Deed (in case of partnership firm)
    Copy of Income Tax Return and Statement of Total Income
    Firm’s Last 3 Years’ Trading A/C, Profit & Loss A/C and Balance Sheet
  • (5) If maintaining account with other bank then copy of bank statement and details of loan availed, if any
  • (6) Bank approved engineers plan for house construction and break-up wise valuation report.
  • (7) Copy of recent city surveyor’s certificate / 7/12 copy and Society certificate given showing ownership of house (as per banking format).
  • (8) If the house is within a society, copy of Society’s Registration Certificate and Copy of NOC obtained by the society.
  • (9) Copy of permission to construct house from the concerned authority
  • (10) Receipt of current year’s tax payment of house property
Documentation For Guarantor :
  • (1) Passport Size Photos
  • (2) Photo ID - Pancard / I-Card (Ele. Card / Driving Licence / Passport / Aadhar Card)
  • (3) Date of Birth proof
  • (4) Income Proof :
    (i) If employed, salary slip of last month and copy of Form-16, IT Return and Statement of Total Income
    (ii) In case of a Firm/Co.
    Copy of Partnership Deed (in case of partnership firm)
    Copy of Income Tax Assessment Order
    Firms Last 1 Year's Trading A/C, Profit & Loss A/C and Balance Sheet
  • (5) Guarantor's Property Documents : City Surveyors Certificate / 7/12 Copy / Certificate Given by the Society / Tax Bill
Note : Certified / Self Attested copies should be attached with this application form

Please Note that this list is Indicative. The Bank may ask for further Document If Necessary.

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