Housing Loan

• Housing Loan upto Rs.70/lacs is available for construction/purchase of old/new flat, bungalow,raw house and also for carryout addition/alteration in the existing residential house.

Applicant details :

• Copy of Last Three years income tax return / Pay slip of last 3 months.
  If Applicant is businessman in that case last three years copies of balance sheet, income tax return of the proprietor/partner,statement of capital account.
• If property is to be purchased under housing scheme,the copies of documents,such as share certificate,allotment-letter,saledeed,revenue records of 7/12.
• Copy of authorised building plan.
• Copy of receipt of advanced payment-made/copy of agreement to sale
• Copy of title clearance certificate given by the advocate/ solicitor.
• Consent letter from the society about noting of charge of the bank.
• Three copies of Photograph
• Copy of PAN Card
• Address proof - electric bill /telephone bill (any one)
• Photo proof - Pan card / Voter card / Driving license (Any one)

Guarantor Details :

• Photograph-2 copies
• Last tax bill
• Last income tax return copy
• Address proof - electric bill /telephone bill (any one)
• Photo proof - Pan card / Voter card / Driving license/Aadhar card (Any one)

Conditions :

• We give loan up to 80% of quotation of basic price. for transport/ commercial vehical Bank will give loan upto 70% of quotation of basic price.
• Applicant has to take insurance of full value of vehicle in favour of bank.
• The Loan for two wheelers, three wheelers will be repaid with interest in 36 to 60 equal monthly instalments.
• Applicant have to pay margin amount to the bank. Bank will issue Banker cheque of full amount in the name of dealer.
• Applicant have to submit Xerox copy of invoice, receipt, insurance policy, RTO book showing Bank's lien recorded with RTO.
• Applicant has to take share @ 1%/2%/2.5% of the limit.
• The processing charges from 350 Rs. to 1000 Rs. will be levied on sanction.