- Customized Loan Solution
- Higher Loan Eligibility
- Attractive Interest Rates
- Longer tenure and lower EMI; Maximum Loan Tenure: 30 years
- Loans under “No Income Proof” scheme available
- Balance Transfer at attractive rate of Interest
- Simplified documentation
- Doorstep service
- Quick and Transparent Processing
- Loan sanction possible before selecting the property
Identity Proof - Passport / PAN card / Voter’s Identity Card / Driving License / Identity card with applicant's Photograph issued by Government, Aadhar Card.
Address Proof - Passport / PAN card / Voter’s Card / Driving License / Latest Utility bill (electricity, telephone, postpaid mobile phone, piped gas, water bill) / Property Tax receipt / Bank or Post Office savings bank account statement / Letter of allotment of accommodation issued OR Leave and license agreements issued by Government to the employee.
Signature Proof - Driving licence / Passport / PAN Card / Bankers Verification / Registered Sale deed / Government Employee ID card
Documents required for Salaried
3 Months Salary Slip for Salaried or Salary Certificate
Copy of last 2 years Form 16 or IT Retrurn.
Bank Statement for the last 6 months of the salary account.
Appointment /Confirmation letter if current job tenure is less than 1 yr.
Documents required for Self Employed
Partnership Deed in Case of Partnership Firm; MOA/AOA in case of Company.
Copy of IT Return, Computation of Income, CA certified Balance Sheet and Profit & Loss Account, all for the last 2 years.
Bank Statement for the last 6 months of the Business accounts
Office Address proof.
Tax audit report of individual partnership & company
Latest Share Holding Pattern Attested by CA/CS in Case of Company.
VAT/ Sales Tax Returns
List of directors attested by CA/CS in case of Company.
Sanction letter for working capital Limits & term loans with SOA.
Copy of Degree Certificate in case of Professional.
Other General Documents for Salaried and Self Employed
Repayment Track Record for 1 year for existing loan.
NOC of loan closed within 1 year.
Bank debits for all current loans appearing in CIBIL report but not appearing in Bank statements submitted.
Duly filled up and signed Application Form and MID.
Processing Fee cheque.
|Description||Individual Housing Loans|
|Cheque bounce charges||Rs.450|
|Overdue Interest||3% pm on unpaid amount|
|Loan reschedulement charges : |
a) EMI Cycle Date Change
b) Tenure/EMI Reschedulement
Rs.500 + Interest
2% of POS
|NOC Issuance charges||First "Nil", Duplicate Rs.500|
|Legal / Collection/ Repossession & Incidental charges||As per Actuals|
|Cash Handling Charges||1% + applicable S.T for cash receipts for Rs.3 lacs and above.|
|SPDC retrieval Charges||Rs.300/- at the time of Pre-closure/Swap/Matured/Customer Induced cancellations. |
Rs.450/- up to sixty days from the day of Pre-closure/Swap/Matured/Customer Induced cancellations.
|Conversion Charges||0.5% of Outstanding Principal|
|Non Refundable Fee||Loan up to Rs 28 lacs - Rs. 3,000/- + S.T |
Loan >Rs 28 lacs - Rs. 6500/- + S.T
|Copies of Loan Documents/ Agreement/Retrieval of Share Certificate||Rs.500/- per LAN|
|Charges on Part Disbursement||Rs.750/-|
|Prepayment Statement Charges||Rs.200/-|
|Statement of Account / Amortization Schedule||Nil Charges|
|Prepayment Charges in case of Floating Rate||1) "Nil" for all floating rate term loans sanctioned to "individual borrowers" |
2) Prepayment charges will be applicable for Loan in which company, firm, etc. is a borrower or co-borrower
|Semi Fixed rate of Interest||1) "Nil" prepayment charges, if the loan has been converted in floating rate of interest at the time of pre payment / pre closure. |
2) In case loan is on Fixed Rate at the time of closure, Prepayment Charges are "Nil" if Loan is pre closed through "Own Source"* of funds (It would be chargeable if closed through other than own source.)
|Fixed||Prepayment Charges are applicable if Housing Loan is not pre closed by "Own Source" * of funds|
|Loan cancellation Charges||Cancellation charges of Rs 3000/- along with applicable interest amount from the date of disbursement till the date of cancellation will be charged.|