Home Loans

Home Loan Eligibility

Eligibility Criteria	Requirement
Age	Minimum Age: 18 years and Maximum Age: 70 years
Resident Type	The applicant must be (any one): Resident Indian Non-Resident India (NRI) Person of Indian Origin (PIO)
Employment	The applicant can be (any one): Salaried Self-employed
Net Annual Income	At least Rs.5-6 lakh depending on the type of employment
Residence	The applicant must have (any one): A permanent residence A rented residence where he/she has resided for at least a year prior to applying for a loan
Credit score	A good credit score of at least 600 or more obtained from a recognised credit bureau

Identity Proof (any one)	Driving License PAN Voter ID Valid Passport
Residence Proof (any one)	Passport Aadhaar Card Driving License Electricity Bill Water Bill Telephone Bill
Other Documents	Employer Identity Card Duly filled loan application form affixed with 3 passport size photographs Loan account statement for the previous 12 months if the applicant has any other ongoing loan from other banks/financial institutions Bank account statements for all the bank accounts owned by the applicant for the last six months

For Self-employed Applicant/Co-applicant:	Income Tax Returns for the last 3 years Certificate of Qualification (for Doctors/CA and other professionals) Balance Sheet audited by a certified CA and Profit and Loss account for the previous 3 years Business License Details Business address proof TDS Certificate
For Salaried Applicant/Co-applicant:	Salary Slips for the last three months Copy of Form 16 or Income Tax Returns for the last two years