Customer Guidance


Home loan tips

Step 1 - "Why Home Loan"

  • With the help of Home Loan one can afford to purchase dream home.
  • Home loan can be availed up to 85% of the property value.
  • The repayment tenure can be up to 20 years.
  • Home loan avails tax benefit too.

  • Step 2 - "Proper Approach"






    Step 3 - "Required Documents"


      Salaried Individuals Self employed/Professionals
    Age Proof (Any one document) School leaving certificate Same
    Voting card, Birth certificate
    Passport, Driving license
    Identity Proof 2- Passport size color Photograph and any one of the following Same
    Passport, Driving license
    Pan Card
    Any other verification done by government institute
    Address Proof Passport Same
    Telephone bill / Electricity bill
    Title deed of property
    Rental agreement
    Driving license
    Election ID card
    Income Proof Last 1 years Form - 16 Last 2 years Profit & Loss A/C
    Appointment letter Balance Sheet with all Schedules
    Employer certificate IT returns for last 2/3 years
    Latest salary slip
    Banking history Last 6 months bank statements Same

    *Some of the documents mentioned above might not be relevant in all the cases. This is only a suggestive outline. Depending upon the type of property and sale/resale the documents requirement would vary. Please take advice from your solicitor.



    Step 4 - "Loan Sanction"


    Get the home loan sanctioned from preferred bank/financial institute. Sanctioning of home loan is depending upon…

  • Family income and nature of income
  • Age of applicant
  • Stability and job security
  • Assets, Saving and liability
  • Documents of buyer
  • Documents of Builder
  • Prestige of builder


  • Step 5 - "Pre-EMI and EMI"


  • Pre –EMI = Only interest repayment
  • EMI = Interest + Principle repayment
  • Pay regular pre-EMI and EMI and become owner of your dream home.
  • Note: The amount of EMI is determined on the basis of the amount of loan granted, interest rate and tenure of loan.

    Property Identification

    Before Identifying the property one should Consider these aspects....



    Living RoomLand paper verificationLiving


    Ameniteis


    Architectural design


    Plan pass


    Super Built-up area


    Techinical Specification


    Builder Identification

    Before buying any property one should consider Aspects related to builder such as...



    Be careful about fly-by-night operators.


    Know developer’s legal background.


    Maintain transparency in terms of financial transactions and business practice.


    Land title & regulatory approvals.


    Developer’s track record.


    Customer driven product design.


    Master planning & amenities provided.