2007-01-25 17:03:26 · 4 answers · asked by sourav 1 in Business & Finance ➔ Credit
You must have proper documents/rights of ownership for the proposed land of construction
Must be IT Payer and should have balance sheets for 2 years
If employee, to produce salary slip
Documents supporting your place of stay
Building plan duly approved by competent authority, estimate etc., should be required
If these basic documents are there with you, you are eligible for a home loan in any bank
2007-01-27 00:06:03 · answer #1 · answered by krishnachandra 2 · 0⤊ 0⤋
Enter into agreement of sale with the property owner or purchase of flat. Have photocopy of documents for scrutiny by bank's lawyer. Submit proof of income and your account details. The bank will conduct inspection, get the titles scrutinised and consider suitable loan.
2007-01-26 21:39:51 · answer #2 · answered by cvrk3 4 · 0⤊ 0⤋
Each bank has its own systems. You can visit websites of some banks. You can also get in touch with some banks. But be carefull while dealing with them. They tell you many good points but keep quiet about bad points of their schemes.
2007-01-28 00:55:15 · answer #3 · answered by gupta_uncle 3 · 0⤊ 0⤋
Steady employment, decent credit, 3 personal references.
2007-01-26 19:14:22 · answer #4 · answered by CALIFORNIA GOLD 3 · 0⤊ 0⤋