Home Loan up to Rs.1 Crore

Home Loan of up to Rs.1 Crore: Eligibility Criteria

Aspiring Home Loan borrowers only have to meet our easy Home Loan eligibility criteria to get the Home Loan terms they desire. Whether you are a salaried, professional, or self-employed applicant, our eligibility parameters are hassle-free and minimal.

For Salaried and Professional Individuals

• You should be a residing citizen of India
• You should be between 23 and 62 years of age**
• You should have a work experience of at least 3 years

For Self-Employed Individuals

• You should be a residing citizen of India
• You should be between 25 and 70 years of age**
• You should be able to show at least 5 years of continuity in your current business

**Please note that the upper age limit is considered as the applicant’s age at the time of loan maturity

Home Loan of up to Rs.1 Crore: Required Documentation

• KYC documents (address and identity proofs, with Form 60)
• Photographs
• Latest salary slips (for salaried applicants)/TR document and P&L statements (for self-employed applicants)
• Bank account statements of the previous 6 months
• Document for proof of business, with minimum 5 years’ vintage (for businessmen/self-employed individuals only)

Note: The list of documents mentioned here is indicative. Additional documents may be requested at the time loan processing.