Document Type | Description |
---|---|
Identity Proof (any one) | PAN Card, Passport, Voter ID, or Driving License |
Residence Proof (any one) | Copy of valid Passport / Aadhaar Card / Driving License | Copy of Electricity Bill / Water Bill / Telephone Bill |
Other Documents | Passport-size photographs, a completed loan application form, etc |
Documents | For Self-Employed Individuals | For Salaried Individuals |
---|---|---|
Income Tax Returns | Last 3 years IT returns with computation | Form 16 and last 3 months' salary slips |
Business Proof | Business registration documents, GST number | Employment certificate, Offer letter |
Bank Statements | Last 6 months bank statements | Last 6 months bank statements |
Other Documents | Profit and loss statement, Audited reports | Identity and residence proof as per above |
Eligibility Criteria | Requirements |
---|---|
Age Limit | Minimum age: 18 years, Maximum age: 70 years at the time of loan maturity |
Credit Score | A good credit score (usually 750 and above) is preferred for better loan terms |
Employment Status | Salaried or self-employed with a stable source of income |
Loan Amount Eligibility | Depends on your income, credit score, and the property's value |
Loan Tenure | Typically ranges from 5 to 30 years, depending on the lender and the type of loan |
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