Home Loan

Home loan is financial arraignment for purchasing new or resale residential property. Home loan is available at attractive interest rate compare to other loans. You get convenient repayment schedule .

Business loans are into 2 categories

1. Unsecured business loans: 3 year term loan for proprietorship, partnership, private limited companies and limited companies based on a sound balance sheet.

2. Secured business loans: Working capital funding in rupees as well as foreign currency for proprietorship, Cash Credit facility for business purpose, partnership, private limited companies and limited companies

Loan against Property
Your property can be utilized support to your future plans. Loan Against Property is a multi-purpose (Mortgage) loan that can be used for your business or personal needs. It is available on attractive interest rates and tenure up to 20 years

LAP can be taken against commercial / residential property

LAP can be used for :
Starting a new business, Long term working capital, children’s higher education and for repaying your high interest loans.

Balance Transfer and Top Up
You can transfer your outstanding Home Loan availed from another Bank / Financial Institution to Bank of your choice and get an additional Top Up Loan and also interest can be restructured . With Top Up Loans you can achieve your personal or professional requirements.

Project Loan /Construction Finance
Loans can be arranged from various Banks and Financial Institutions for Constructions/ Project Finance

DOCUMENTS REQUIRED OF SALARIED CUSTOMERS (Download Pdf)

  1. 2 Photograph of applicant and co-applicant each.
  2. Photocopies of age proof, Sign Proof, Photo ID (Passport, PAN card)
  3. Aadhaar Card copy of both applicant and co-applicant
  4. Co- applicants photocopies of age proof, Sign Proof, Photo ID (Passport, PAN card).
  5. Latest 6 Months Salary Slips.
  6. Appointment letter with CTC Break-up of current employer.
  7. Previous employment details i.e. Your Resignation acceptance copy or Experience letter.
  8. Latest 6 Months updated Bank statements of salary account and other savings accounts if
    any.
  9. Photocopy of Organization’s ID Card. (Company ID Proof)
  10. Last Qualification Proof (Degree Certificate copy)
  11. Residence Address Proof of applicant and Co- applicant (Electricity Bill copy / In case of
    Ranted Residence — Rent agreement with latest copy of owners light bill)
  12. Last two years form 16 and Confirmation letter if applicable
  13. Relationship proof (Marriage certificate)
  14. Processing fees cheque favoring to the Bank Name (A/c Payee)
  15. Repayment Track of existing / running loans taken form any other bank. (If applicable)

NOTE:-All documents should be self attested by applicant and Co-applicant. All KYC documents need to be verified with Originals for applicant & Co-applicant.

DOCUMENTS REQUIED OF SELF EMPLOYED CUSTOMERS (Download Pdf)

1. 2 Photographs of both Applicant & Co-applicant
2. Photocopies of applicants Age proof, Sign Proof, Photo ID (Passport, PAN card).
3. Aadhaar Card copy of both Applicant & Co-applicant

4. Co- applicants photocopies of age proof, Sign Proof, Photo ID (Passport, PAN card).
5. Residence Address Proof of applicant and Co- applicant
6. Office address proof. ( Latest elec./ telephone bill )
7. Shop Act License copy ( Valid )
8. Business profile on letter Head Company’s or Firms letter head. Details like Turnover, list of suppliers, major clients, business vintage, experience, future expansion plans if any.
9. Net worth statement on C.A. Letter Head ( If loan amt is more than 50 lacs )
10. Qualification Proof. ( Last qualification done of Propritor / Partner / Director )
11. One Cheque for Initial Processing fees —– Favoring to the Bank Name (A/c Payee).
12. Loan Account Statements / Track record of All Existing loans (if any).

INCOME DOCUMENTS

13. IF PROPRITORSHIP: Latest 3 years ITR’s with Computation of Income, P&L and B.L. (Attested by C.A.) Also pls attaché e-filling acknowledgement receipts with ITR. Form CD and total Audit Report reqd if balance sheet is audited.

14. IF PARTNERSHIP – a) Partnership Deed, b) PAN Card of Firm / Company, c) 3 years ITR’s with Computation of Income, P&L and B.L. (Attested by C.A.) d) Also pls attaché e-filling acknowledgement receipts with ITR. e) Form 3 CD and total Audit Report reqd if B/S is audited.

15. IF PVT Ltd Co. – a) MOA & AOA with Certificate of Incorporation, b) Current Share Holding Patter on C.A.Letter Head. c) Company PAN copy d) 3 years ITR’s with Computation of Income, P&L and B.L. (Attested by C.A.) e) Also pls attaché e-filling acknowledgement receipts with ITR. f) Form CD and total Audit Report reqd if balance sheet is audited.

16. Bank Statements of Latest 1 year of all bank accounts reflecting in Current year Balance Sheet

NOTE:-All documents should be self attested by applicant and Co-applicant.All KYC documents need to be verified with Originals for applicant & Co-applicant.