BUYER'S GUIDE

Home Loans

STEPS FOR AVAILING A LOAN 


Sanction: Based on various parameters, Bank will evaluate the loan application. Post evaluation it would release the sanction letter mentioning the amount of loan sanctioned and other terms and conditions of sanction.

Disbursement: The amount sanctioned is disbursed in one or more installments subject to legal technical verification of the property and other terms and conditions mentioned in the sanction letter. 

Based on the nature of the transaction (purchase from builder / resale etc.), the officer will inform you of the property documents such as Sale deed, No Objection Certificate, Own Contribution Receipt, etc. which would be required for the disbursement of the loan. In addition to the property documents, you will be required to execute transaction documents including the Credit Facility Application Form and other documents required for disbursement of the facility. These documents will be provided to you from bank.

Tax Benefit Information

STEPS FOR AVAILING A LOAN 


Sanction: Based on various parameters, Bank will evaluate the loan application. Post evaluation it would release the sanction letter mentioning the amount of loan sanctioned and other terms and conditions of sanction.

Disbursement: The amount sanctioned is disbursed in one or more installments subject to legal technical verification of the property and other terms and conditions mentioned in the sanction letter. 

Based on the nature of the transaction (purchase from builder / resale etc.), the officer will inform you of the property documents such as Sale deed, No Objection Certificate, Own Contribution Receipt, etc. which would be required for the disbursement of the loan. In addition to the property documents, you will be required to execute transaction documents including the Credit Facility Application Form and other documents required for disbursement of the facility. These documents will be provided to you from bank.

EMI, Area & Loan Eligibility Calculator

EMI Calculator Once you are aware of the loan amount you are eligible for, it is important to know the EMI (Equated Monthly Installment) that you would need to pay towards your loan repayment.

Area Converter calculator helps you convert a specific area into its corresponding units in Square Feet, Square Meter, Hectare, Acre, Are and Cent. This is quite effortless to manage. Enter an area figure corresponding to your requirement in any one of the Input boxes. Click the calculate button to know the area conversion in 5 different units, corresponding to the figure you have entered.

Home is one of the biggest investments in life. Not all of us will hold ready-cash in hand, when it comes to buying a new home and the next reliable way out is to get a loan sanctioned that equals the amount.Use our loan eligibility calculator to assess the loan amount you are eligible for. Take due care in entering the exact details in the columns provided to receive 100% accurate results.

EMI Calculator Once you are aware of the loan amount you are eligible for, it is important to know the EMI (Equated Monthly Installment) that you would need to pay towards your loan repayment.