Aspects
- Easy Loan Processing.
- High Financing
- Loan limit is 60% of property valuation.
- Flexible loan tenure is up to 10 years.
- Pre-Payment Penalty : 3% Penalty charges.
- No margin amount.
ROI & Handling Charges
- Rate of Interest Below 5Lac is 14% and Above 5Lac is 13%.
- HandlingCharges : Half Yearly & Yearly.
- Processing Fees : 0.5%
Eligibility
- Salaried Individual, having a regular monthly income of Rs.10,000+
- Businessmen
- Self - employed
- Professionals having regular source of income
- Age : 18 to 65 years
Documentation & Security
- In case of new customer, applicant & guarantors need to open savings / current account.
- Duly filled form with :
- Income Proof of Applicant
- Aadhar card of Applicant & Guarantors
- PAN Card of Applicant.
- 2 years of ITR
- Property documents.
- Employer (salary slip of 3 months) and 2 years form16 from employer
- Two Acceptable Guarantors.
Share Holdings
- Share amount @ 2.5% of loan amount.