LOAN ENQUIRY

HOW MUCH LOAN CAN I AVAIL?
You can avail a maximum loan of 80% of the Agreement value. However your loan amount may differ as per your income eligibility as appraised by the bank. All loans are at the sole discretion of the bank.

WHAT IS THE TERM OF THE LOAN USUALLY BANK OFFERS?
Banks and financial institutions usually offer loans for a term of 10-25 years. BASIC DOCUMENTS REQUIRED TO GET THE LOAN

Completed application form
Photograph
Photo Identity Proof
Residence Address Proof
Signature Verification Proof
Age Proof
Fee Cheque

FOR SALARIED APPLICANT

Last 3 months’ Salary Slip
Form 16
Repayment Track record of existing loans/Loan closure letter
Bank Statement for the last 6 months from Salary Account

FOR SELF EMPLOYED APPLICANT

A brief introduction of Business/Profession
Photo Identity Proof, Residence Address Proof, Signature Verification Statement for all the main partners/directors
Repayment Track record of existing loans/Loan closure letter
Board Resolution in case of a company
Proof of existence of the company
Office Address Proof
Income Tax Return / Computation of Total Income / Auditors Report / Balance Sheet / Profit & Loss Account certified by Chartered Accountant for last 2 years (both for business and personal of partners/directors)

 

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