Housing Loan upto Rs.25/-lacs is available for construction/purchase of old/new flat, bungalow,raw house and also for carryout addition/alteration in the existing residential house.
Applicant details :
AADHAR CARD and PAN Card Compulsory
Copy of Last Three years income tax return / Pay slip of last 3 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.
Three copies of Photograph
Copy of PAN Card
Address proof – electric bill /telephone bill (any one) as per KYC norms
Photo proof – Pan card / Voter card / Driving license (Any one) as per KYC norms
Permission letter of Nagarpalika / Grampanchayat.
Guarantor Details
Photograph-two copies
Last tax bill
Last income tax return copy
Address proof – electric bill /telephone bill (any one) As per KYC norms
Photo proof – Pan card / Voter card / Driving license/Aadhar card (Any one) As per KYC norms
AADHAR CARD and PAN Card Compulsory
Conditions
Bank will give loan if property is having N.A.N.O.C and BU permission.
Applicant will have to take insurance of the building in favour of bank.
The applicant has to provide guarantor for loan.
Loan amount with interest will be repaid within 60 to 180 equal monthly instalments.
After completion of the building, certificate of completion of municipality / village panchayat has to be given