Housing Loan
 
Who can Borrow  Individuals (singly/Jointly)
Purpose Purchase of house, construction of new house/bungalow on ownership basis
Security Mortgage of Residential premises to be purchased
Repayment  Max 180 months
Processing Fees     Nil
Legal & Documentation Charges On Actual Basis
Prerequisites
  1. Atleast 21 years of age should be an income tax assessee.
  2. Individuals employed/engaged in business/Professionals having a fair repaying capacity to justify servicing of monthly installments.
  3. Income Tax Returns for the last three years along with computation of income.
  4. Copies of the relevant documents of the property to be purchased / constructed.