2019-12-14T11:19:58
Eligibility
• Employees, Professionals & self-employed Individuals who are IT assesses and Non Resident Indians (NRIs) owned residential property in his/her own name or in the name of spouse/children/parents/siblings.
Income :
Minimum Net Monthly Income of Rs. 25, 000/ (or Rs. 3 lacs per annum).
(a) Regular income from all sources may be considered for arriving at loan eligibility provided the Sanctioning Authority is satisfied with the proof of income (extant instructions as applicable to Home Loans in this regard will be followed).
(b) In addition to the applicant’s income, income of spouse/children/ parents/siblings may also be considered for arriving at maximum loan amount provided they are joining the loan as co-borrower/guarantor. If the property is held jointly with the spouse/children/parents/siblings then all the joint holders of the property should join as co-borrower, but in cases where the property is held in single name of the borrower the spouse/children/parents/ siblings may join as co-borrower or as guarantors
home loan
mortgage loan
loan against property
independent house sales
flat home loan
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