Housing Loan for new construction up to 20.00 Lacs is given to to the individuals, Co-Op Hsg. Societies, Public bodies, Housing board, Housing development authority, Trusts, Local bodies, Self help organization, Registered housing companies etc. Loan amount of 5.00 Lacs for Repairing /Reconstruction is also given under this scheme.
The financial eligibility depends on an individual's repayment capacity and is based on the following factors:
- Monthly or annual income
- Source of income
- Savings and credit history
- Work experience
- Number of dependents
- Probability of the individual continuing in the same occupation
Apart from the application form, you will be required to submit the following documents.
|Identity Proof||PAN Card, Driving License, Passport, Voter's ID, Aadhaar Card|
|Address Proof||Passport, Driving License, Voter's ID, Aadhaar Card, Utility Bill, Bank Statement, Bank Account Passbook (Updated and no more than 3 months old)|
|Signature Proof||PAN Card, Driving License, Passport|
|Latest Passport Size Photographs (4 copies)|