Home Loans Eligibility Checking

All category employees who’s salary is credited in account directly are eligible to get the home loan.

Simple steps of a home loan

So naturally, getting home loan involves many steps. They are...

  • Selection of banks
  • Submission of Application
  • Personal Discussion with banker
  • KYC and Loan Processing
  • Issuing of Offer Letter
  • Loan agreement signing
  • Disbursement

Home Loan Offer Letter

It contains loan amount , rate of interest , tenure, EMI per month and other terms and conditions If you agree with the details mentioned in the home loan offer letter, you will have to sign a duplicate letter of the same for the bank’s records.

Signing the Home loan Agreement.

You are requested to signing the agreement of bank also need to submit post-dated cheques as required by the banker. This agreement will contain a condition binding on the builder to hand over the documents after the Registration

Disbursement

At this stage, the banker will disburse the loan amount based up on the demand raised by the builder as per the construction stage with the supporting report which the bank technical officer already submitted.

Personal documents

  • Passport size photographs – 3 No’s
  • copy of your passport/PAN card/Driving License/Aadhar/Voter Id