Loan for buying a plot of Land for residential use. This loan is for personal residence and cannot be used for commercial buildings.

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Eligibility criteria

Am i eligible for a term loan

For Salaried

  • Employment Status: Min of 6 month employment
  • Age: 21 - 65 years
  • Income: No fixed Criteria. Loan Amount is extended largely on the basis of your total income, other obligations and some other key factors.

Documents Required

  • Identity Proof:PAN/ Passport/ Voter ID card
  • Address Proof:Copy of Latest Telephone Bill/ Electricity Bill/ Utilities bill or copy of Passport/ Aadhar Card
  • Income Proof:Salary Slip for last 3 months/IT Returns / or Form 16, 6 months bank statement
  • Property Documents:Copy of the Title Deed

For Self Employed

  • Employment Status: Working for at least 2 years
  • Age: 21 - 65 years
  • Income: Based on your total income, other obligations & other factors

Documents Required

  • Identity Proof: PAN/ Passport/ Voter ID card
  • Address Proof: Copy of Latest Telephone Bill/ Electricity Bill/ Utilities bill or copy of Passport/ Aadhar Card/ Address proof for Office
  • Income Proof: Income Tax returns for last 2-3 years, Balance Sheet & Profit & Loss A/c for last 3 years, Last 6 months Bank Account Statements
  • Property Documents:Property Documents: Copy of the Title Deed

*We have compiled this broad criteria based on publicly available information and our experience. Banks may relax the criteria on age and employment history.

What our customer have to say

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Ankit Kumar, Mumbai

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Ankit Kumar, Mumbai

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Ankit Kumar, Mumbai

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Ankit Kumar, Mumbai

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