The following fields are required to complete your application for this service.
Documentation for Loan
Income Proof Documents
1. Salaried Individuals
- Form 16
- Employee Identity Card
- 3 Months Salary Slip
- 6 Month Bank Account Statement
- Duration of Employment Evidence
2. Self-Employed Individuals
- PAN
- Trade License
- Partnership Deed
- Article of Association
- Memorandum of Association
- Import Export Code
- SEBI Registration Certificate
- ROC Registration Certificate
- Financial Statement Audited by CA
- Profit & Loss Account Statement
- Balance Sheet
- 6 Months Bank Account Statement
- Professional Practice License for Doctors, Consultants, etc
- Registration Certificate of Establishment for Shops, Factories, and Other Establishments
- Business Address Proof
3. Documents Required from all Non-Resident Indians (NRIs) Applicants
- Income Proof Documents for NRI
- Property Papers
- Property Documents
- Sale Deed
- Stamped Agreement of Sale
- Allotment Letter
- No Objection Certificate or NOC
- Housing Society
- Builder
- Possession Certificate
- Land Tax Receipt
- Construction Cost Estimate
- Bank Account Statement of Payment Made to Seller or Builder
- Payment Receipt of Payment Made to Seller or Builder
- Incase of resale property share certificate is required
- Occupancy Certificate
Fees and Charges for Loan
The fees and charges of loans usually vary from lender to lender and from case to case. The aforementioned table will give you a fair idea of the fees and charges related to loans:
Particulars
Charges
- Loan Processing Fees
0.5% to 4% of Loan Amount
- Loan Cancellation
Usually 3000 to 5% of Loan Amount
- Stamp Duty Charges
As per the Value of the Property and State Tax
- Legal Fees
As per actual
- Penal Charges
Usually 2% per month
- EMI / Cheque Bonus
Approx 499/- to 599/-