- Housing Loan upto Rs.30/lacs is available for construction/purchase of old/new flat, bungalow,raw house and also for carryout addition/alteration in the existing residential house.
Housing Loan Applicant details :
- Copy of Last Three years income tax return / Pay slip of last two years and Form No 16 Issue by compare 6 months. If Applicant is businessman in that case last three years copies of balance sheet, income tax return of the proprietor/partner,statement of capital account.
- If property is to be purchased under housing scheme,the copies of documents,such as share certificate,allotment-letter,saledeed,revenue records of 7/12.
- Copy of authorised building plan.
- Copy of receipt of advanced payment-made/copy of agreement to sale
- Copy of title clearance certificate given by the advocate/ solicitor.
- Consent letter from the society about noting of charge of the bank.
- Photograph-two copies
- Last tax bill
- Last 3 year income tax return copy + Receipt of Paid
- Address proof – electric bill /telephone bill (any one) As per KYC norms
- Photo proof – Pan card / Voter card / Driving license/Aadhar card As per KYC norms
Housing Loan Conditions
- Original documents of property to be submitted to the bank. Registered mortgage of property to be done in favour of bank.Bank charge will be noted in society’s book.
- Applicant will have to take insurance of the building in favour of bank.
- Loan amount with interest will be repaid within 240 equal monthly instalments.
- Applicant has to submit original share certificate of the Society/Association, Municipal Tax bill, Tax receipt, sales deed etc, for registered mortgage of the property.
- Title clearance and valuation report will be done by approved lawyer and valuer of the bank. Applicant has to pay their fees.
- Applicant has to take share @ 1% of the limit.
- Loan will be granted upto 90% of purchase value of the house.
|Valid Photo I.D.(Any One)||Address Proof (Any One)|
|Adhar Card||Adhar Card|
|Pan Card||Electricity Bill (not more than 6 months old)|
|Voter ID Card||Municipal Tax Bill|
|Pass Port||Gas Bill / Telephone Bill :Latest|
|College / School ID Card||Latest LIC Primium Receipt|
|Government / Semi Government ID Card||Other Bank Passbook|
- Passport Size Photograph 2 Copies
- Birth Certificate for minor account
- Introduction From Existing account Holder