- Eligibility Factors
- Documents Required
- Loan Verification Process
- Rate of Interest
Minimum application age – 21 years
Maximum application age – 65 years
Credit score –
Above 750 is preferred.
Along with the fully-filled application, proof of identity, proof of residence, income proof and signature proof are required.
After online application and submission of documents, a sanction letter is issued, and the property is verified. The disbursement document is cleared, following which the loan disbursal is made.
The floating interest rate for a home loan is 9.75% to 11%. The floating interest rate for affordable housing loan ranges from 9.75% to 13%.