HOME LOAN IN DELHI NCR NOIDA GURGAON
Home loan is a loan that is secured by property or real estate. In exchange for funds received by the home buyer to buy property or a home, the lender gets the promise of that buyer to pay back the funds within a certain time frame for a certain cost. Home Loan is generally offered to individuals who wish to purchase or construct a house. The property is mortgaged to the lender as a security till the repayment of the loan. The bank or financial institution will hold the title or deed to the property till the loan has been paid back with the interest due for it.
HOW DOES IT WORK?
DOCUMENTS REQUIRED FOR HOME LOAN
|Documents||Salaried||Self Employed Professional||Self Employed Non Professional|
|Application form with photograph duly signed|
|Identity, residence and age proof|
|Last 6 months bank statements|
|Last 3 months Salary-slips|
|Processing fee cheque|
|Form 16 / Income Tax Returns|
|Proof of business existence|
|Education qualification certificate and proof of business existence|
|Last 3 years Income Tax Returns with computation of Income|
|Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account|