Home Loan

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Buying a Home is a dream come true for you and your Family.

It is that loan wherein the borrower has already taken a housing loan to finance his current home, but now wants to move to another home. The Conversion Housing Loan helps the borrower to transfer the existing loan to the new home which requires extra funds, so the new loan pays the previous loan & fulfils the money required for new home.

This type of loan helps finance the new home of the borrower when he wants to sell the existing house, this is normally a short term loan to the borrower & helps during the interim period when he wants to sell the old house & wants to buy a new one, It is given till the time a buyer is found for the old house.

Features & Benefits :

• Home Loan for Purchase of Flat or Bungalow from Developer in approved Projects for Ready to Move in & Under Construction Flat Purchase

• Home Loan for Resale Flat Purchase

• Plot Purchase Loan

• Balance Transfer Loan

• Home Renovation Loan

• Avail subsidy benefit under Pradhan MantriAwasYogna

• Quick Process

• Low Interest Rate

• Long Term Loan

Documents :

• ID Proof ( PAN Card , Aadhar Card , Passport, Driving Licence) for Applicant & Co-applicant

• Latest Residence Electricity paid bill

• 1 Year Bank Statement

• Latest 6 Months Salary Slip for Salaried Person

• 2 Years ITR with Computation of Income for Self Employed

• All Existing Loan Sanction Letter

• Application Form with Photograph for Applicant &Coapplicant

• Property Documents :
i. Copy of complete chain documents of the Property
ii. Copy of Agreement to Sell
iii. Copy of the Allotment Letter / Buyer Agreement
iv. Copy of Receipts of payments made to the Developer

• Professional Fees Cheque

Rate of Interest : 8.30 % to 11 % depending on Customer Profile