LIC Housing Finance - Eligibility, Rates and Apply

LIC Housing Finance LIC Housing Finance Ltd. is one of the largest Housing Finance Company in India. It provides Housing Loan for long term Finance with low Home Loan Interest Rates. You can take a Home Loan either for purchasing a plot or for house extension or for repair & renovation.

Current Floating Home Loan Interest Rates of LIC Housing Finance

Loan Schemes

Up to 30 Lacs

From 30 lacs to 75 Lacs

From 75 lacs to 1.5 Crore

LIC Housing Finance

Scheme I : 10.40% Scheme II : 10.70% (Fixed for 3 yrs) Scheme III : 11.15% (fixed for 5 yrs)

Scheme I : 10.40% Scheme II : 11.20% (fixed for 3 yrs) Scheme III : 11.40% (fixed for 5 yrs)

Scheme I : 10.40% Scheme II : 11.70% (Fixed for 3 yrs) Scheme III : 11.65% (fixed for 5 yrs)

For more information about the LIC home Loan

Salaried AGE Income Loan Amount Offered Tenure Current Experience Processing Fee 18years to 60years Rs.15000 (p.m) NTH 5,00,000 - 1,00,00000 5 years - 25 years 2 years 1% of Loan Amount 1) Application form with photograph. 2) Identity & residence proof. 3) Latest 3 months salary slip. 4) Form 16 5) Last 6 months salaried bank statements 6) Processing fee cheque

Self employed 18years to 60years ITR - 2,00,000(p.a) 5,00,000 - 2,00,00000 5 years - 20 years 3 years 1% of Loan Amount 1) Application form with photograph. 2) Identity & residence proof. 3) Education qualifications certificate & proof of business existence. 4) Business profile, Last 3 years profit/loss & balance sheet. 5) Last 6 months bank statements. 6) Processing fee cheque

Documentation

Pre-payment charges are waived off if paid through own sources / through salary a/c cheque. Security 1. Equitable Mortgage of Residential House/Flat/Plot 2. Demand Promissory Note.

State Bank Of India Home Loan

The Most Preferred Home Loan provider SBI Bank offers a Home Loan with Attractive Interest Rates with Latest Schemes and Benefits. SBI also provides a Housing loan with different schemes. Schemes Are:1. SBI Easy Home Loan 2. SBI Advantage Home Loan 3. SBI Housing Finance Scheme 4. SBI Happy Home Loans 5. SBI Life Style Loan 6. SBI Green Home Loan 7. SBI Home Plus 8. SBI Home Line 9. SBI MY HOME CAMPAIGN Current Floating Home Loan Interest Rates of SBI

Bank Name SBI

Up to 30 Lacs 10.75%

From 30 lacs to 75 Lacs 11%

Above 75 lacs 11.25%

Note:- Interest rate after three years may be Fixed or Floating as per the borrowers choice made at the time of sanction. Features & Benefits of SBI Home Loan Purchase/ Construction of House/ Flat Purchase of a plot of land for construction of House Lowest Home Loan Interest Rate.. Extension/ repair/ renovation/ alteration of an existing House/ Flat Purchase of Furnishings and Consumer Durables as a part of the project cost. Takeover of an existing loan from other Banks/ Housing Finance Companies. Interest charged on the daily reducing balance No penalty on prepayments of home loan No hidden costs Option to club income of your spouse and children to compute eligible loan amount Provision to club depreciation, expected rent accruals from property proposed to compute eligible loan amount Provision to finance cost of furnishing and consumer durables as part of project cost Eligibility Criteria & Documentation required for SBI Home Loan

Salaried Age Income Loan Amount Offered Tenure Current Experience Documentation 21years to 60years Rs.1,20,000 (p.a.) 5,00,000 - 1,00,00000 5years-20years 2years

Self employed 21years to 70years Rs.2,00,000 (p.a.) 5,00,000 - 2,00,00000 5years-20years 3years

1) Application form with photograph 1) Application form with photograph 2) Identity & residence proof 2) Identity & residence proof

3) Last 3 months salary slip 4) Form 16 5) Last 6 months bank salaried credit statements 6) Processing fee cheque Other 1. SBI 2. SBI 3. SBI 4. SBI Products from SBI (State bank of India) Home Loan Personal Loan Housing Loan Card

3) Education qualifications certificate & proof of business existence 4) Business profile, 5) Last 3 years profit/loss & balance sheet 6) Last 6 months bank statements 7) Processing fee cheque

HDFC Ltd Home Loan

HDFC Ltd brings HDFC home loans with convenient repayment options to suit your budget at your doorstep. You can take a Home Loan for following purposes Home Loan-If you want to purchase fresh or resale or construct houses can apply individually or jointly for HDFC home loan. Home Improvement Loan-HIL (Home Improvement Loan) facilitates in-house & peripheral repairs and other structural improvements like painting, waterproofing, plumbing and electric works, tiling and flooring, grills and aluminum windows. Home Extension Loan-HEL (Home Extension Loan) facilitates the extension of an existing lodging unit. Land Purchase Loan-HDFC Land Purchase Loan facilitates to purchase land. It can be for dream house or an investment for the future. Features & Benefits of HDFC Ltd Home Loan

Attractive Home Loan Rates. Options from Fixed Rate or Floating Rate are available. Maximum funding upto 80% of the cost of the property. Easy repayment options. Hassle Free Documentation. You can choose from Fixed Rate or Floating Rate. Flexible repayment options to suit your individual needs.

Current Home loan rates of Hdfc Ltd

Loan Schemes

Upto & including Rs 30 lacs

above 30lacs to 75lacs

above 75lacs

HDFC Ltd (Floating Rates)

Scheme I : 10.75% (Fixed for Scheme I : 11.25% (Fixed 3 yrs ) for 3 yrs ) Scheme II : 11.25% (Fixed Scheme II : 11.50% (Fixed for 5 yrs ) for 5 yrs) After that 10.50% rate or then After that 10.75% rate or applicable rate. then applicable rate.

Scheme I : 11.75% (Fixed for 3 yrs ) Scheme II : 11.75% (Fixed for 5 yrs) After that 11% rate or then applicable rate.

Documentation required for HDFC Ltd Home Loan

Salaried Customers Application form with photograph Identity and Residence Proof Latest Salary-slip Form 16 Last 6 months bank statements

Self Employed Professionals Application form with photograph Identity and Residence Proof Education Qualifications Certificate and Proof of business existence Last 3 years Income Tax returns (self and business) Last 3 years Profit /Loss and Balance Sheet Last 6 months bank statements Processing fee cheque

Self Employed Businessman Application form with photograph Identity and Residence Proof Education Qualifications Certificate and Proof of business existence Business profile Last 3 years Income Tax returns (self and business) Last 3 years Profit /Loss and Balance Sheet Last 6 months bank statements (self and business) Processing fee cheque

Processing fee cheque

Citibank Home Loan

Citibank Offers a Home Loans with low Documents and Offers. Compare Citibank Home Loans with SBI, HDFC, ICICI, LIC Housing. Know about Eligibility, Documents and interest rates of Citibank India. Features Attractive Home Loan Rates Loan up to Rs. 5 Crore Flexible repayment tenure up to 25 years Loans up to 89% of the property value Flexibility to pay interest only during construction period

Home Loans available for Purchase of Ready Property Self-Construction Purchase of Plot and Self-construction Transfer of your existing Loan availed from other institutions What is the age requirement for availing Home Loans? The main applicant has to be 23 years of age and coapplicant should be 21 years of age when the home loan is sanctioned Maximum age on loan maturity should not exceed 65 years Co-borrowers to the loan can be All property owners All income considered borrowers In case of partnership firm the key partner In case of companies all shareholders holding 76% shares of the company.

Documents required for Salaried Individuals Salary slip not older than 60 days Bank statements for last 3 months not older than 90 days Work experience proof (required for 2 years) Photograph for all individuals Date of birth proof for all individuals Signature verification proof for all individuals Residence address proof for all individuals Business address proof for all self-employed customers

Documents Required for Self-Employed (Required for 2 years) Income Tax Return Computation of income for tax purposes Financials (Balance Sheet / Profit and Loss Account along with all Schedules) - Attested by Chartered Accountant Bank statements for last 3 months not older than 30 days Business continuity proof for 3 years Photograph for all individuals Date of birth proof for all individuals Identification proof for all borrowers Signature verification proof for all individuals Residence address proof for all individuals Business address proof for all self-employed customers Companies Memorandum & Articles of Association Certificate of Incorporation CA certificate for list of directors and list of shareholders along with shareholding pattern Partnership Firm Latest partnership deed CA certificate for list of partners along with profit sharing ratio Property Documents Photocopies of title deeds, agreement to sell, encumbrance certificate Approved plans and clearance certificates from authorities Allotment letters and / or by-laws of the co-operative society / Association of apartment owners.

ICICI Bank Home Loan

One of the largest Home Loan financing company is ICICI Bank Home Loan. The attractive rate of interests, simple documentation & fast processing makes the customer to take the Home loan from them
ICICI Bank Home Loan offers you Home Loan for following purposes

1. Home Loan- If you want to purchase a new home then you can apply individually or jointly. 2. Home Improvement Loan- For your home improvement you can take the Home Improvement Loan from ICICI Bank. 3. EMI Under Construction- EMI Under Construction helps you to make payments in EMI, in a partly sanctioned loan for an under construction project. 4. Balance Transfer-ICICI Bank Home Loan gives you facility to transfer your running loan from an other Bank 5. Top-Up Loan- ICICI Bank Home Loan facilitates the Top-Up Loan, an additional funding against the security of your property.

Features & Benefits of ICICI Bank Home Loan Attractive Home Loan Rates No charges on part pre-payment of your Home Loan Top Up & Home Improvement Loan facility available on existing Home Loan Home loan amounts suited to your needs Home Loan tenure upto 25 years Simplified Documentation Doorstep Delivery of home loan papers Sanction approval without having selected a property. Free Personal Accident Insurance policies Insurance options for your home loan at attractive premium

Current Home Loan Interest Rates of ICICI Bank Home Loan

Loan Schemes Up to 25 Lacs From 25Lacs to 75 Lacs Above 75 Lacs Scheme I :10.50% (Fixed 1 Scheme I :11.50% (Fixed Scheme I :11% (Fixed 1 yr), yr) 1 yr) Scheme II : 11.25% (Fixed Scheme II : 10.75% (Fixed Scheme II : 11.75% 2yrs) 2yrs) (Fixed 2yrs) Scheme III : 11.25% (Fixed Scheme III : 10.75% (Fixed Scheme III : 11.75% 3yrs), 3yrs), (Fixed 2yrs) then 11% then 10.50% then 11.50%

ICICI Bank Home Loan

Documentation required for ICICI Bank Home Loan

Salaried Age Income Loan Amount Offered Tenure Current Experience Processing Fee 21years to 65years Rs.1,44,000 (p.a) 2,00,000 - 1,00,00000 5years-20years 1years 0.5% of loan amount as Administrative Fee or Rs. 2,000, whichever is higher 1) 2) 3) 4) 5) 6) Application form with photograph Identity & residence proof Latest salary slip Form 16 Last 6 months bank statements Processing fee cheque

Self employed 21years to 65years Rs.1,50,000 (p.a) 2,00,000 - 2,00,00000 5years-20years 3years 0.5% of loan amount as Administrative Fee or Rs. 2,000, whichever is higher

Documentation

1) Application form with photograph 2) Identity & residence proof 3) Proof of business existence 4) Profile of the Business 5) Last 3years ITR 6) Last 6 months bank statements 7) Processing fee cheque

Available Products of ICICI Bank are: ICICI Personal Loan ICICI Home Loan ICICI Car Loan ICICI Credit Card

First Blue Home Finance Ltd Home Loan

Making the Home Loan acquisition process faster, simpler and more refreshing the First Blue way! Offering a full range of contemporarily fixed and variable interest rate home loan schemes, which are competitive with the best in the market.

Offers Home Loan for following purposes. Purchase of Flat/ House. Purchase of Land. Land Purchase cum Construction. Home Extension / Improvement Loan. Balance Transfer. For Property Registration.
Features and Benefits Loans up to 20 years. No Prepayment Penalty*. Attractive ROI with Multiple Schemes. Loans up to 85%* of property value. Rental income considered in total income. Option to pay EMI in partial disbursed cases. Personal Accident coverage free of cost with property insurance. Home Assure - An insurance coverage on outstanding principal, which can be part of the loan value and therefore no upfront premium payable. Current Home loan Interest rates of First Blue Home Finance
Fee Applicable for Salaried/Self employed

Product

Loan Amount

Entity

Applicable ROI

Applicable ROI for Land Loans

Upto 25 Lacs Housing & Land Loans Above 25 Lacs and upto Rs. 75 Lacs

Salaried/SEP

10.75%

11%

0.5% or 6000 whichever is less plus doc charges plus taxes (Salaried) AND 0.5% plus doc charges plus taxes (SEP) 0.5% or 10000 whichever is less plus doc charges plus taxes (Salaried) AND 0.5% plus doc charges plus taxes (SEP)

Salaried/SEP

11%

11.25%

Loan greater than Salaried/SEP Rs. 75 Lacs

11.50%

11.75%

0.5% or 15000 whichever is less plus doc charges plus taxes (Salaried) AND 0.5% plus doc charges plus taxes (SEP)

for self employed applicable rates are 0.5% higher than the normal rates Documentation Check List
Documents Salaried Self Employed NRI

Personal Document s

Pan Card. Residence proof. Age and Identity Proof.

Pan Card. Id and D.O.B proof of guarantor. Residence and office address proof of applicant and guarantor. Qualification proof of self employed professional. P/L Account+ B/S along with ITR computation for last year. VAT Returns, TDS Certificates, Audit report, schedules. Last 6 months bank statement. For rental Income: ITR, Bank, credit, ownership proof, rent agreement. Business profile. Filled application form with recent passport size photograph

Copy of Passport and valid visa. Copy of valid work permit. Copy of PIO card of person of Indian origin . Copy of identity card issued by current employer.

Other Document s

3-6 salary slips with bank statement reflecting salary credits. All bank A/Cs of the applicant for last 3 months. Increment/Appointmen t letter.

Copy of employment contract/increment/confirmatio n letter. Past occupation history ( last 3 years). Latest salary Slips/salary certificate. Overseas and domestic bank account statement for the last six month ( including NRE/NRO accounts).

Personal Document s

Filled application form with recent passport size photograph Processing fee cheque

Latest Credit Score Report Overseas and domestic loan detail Filled application form with recent passport size photograph

in favour of 'First Blue Home Finance Limited' Property documentations Any other documents as may be required

Processing fee cheque in favour of 'First Blue Home Finance Limited' Property documentations Any other documents as may be required Director's and stakeholder's List MOA/Partnershi p deed

Processing fee cheque in favour of ' First Blue Home Finance Limited' from NRE/NRO account

IDBI Home Finance Home Loan

With IDBI home loan you can fulfill your dream of owing a home.IDBI helps to convert your long cherished dream to get a place where you can relax & enjoy your life with your loved one. IDBI offers you home loan for following purposes 1. Individual Home Loan : A loan that is provided to individuals for buying a new home or construct dwelling unit. for NRIs the maximum tenure is 10 years subject to maximum age of 60 years at maturity. 2. Home Improvement Loan : A loan through which you can repair or renovate your existing home. 3. Home Extension Loan : For extension of your existing home you can take a Home Extension Loan. 4. Home Loan for NRIs : For Non-resident of India can take this loan. 5. Plot Loan : Loan for purchase of plot of loan for constructing in a residentially approved area. Documentation and eligibility required for IDBI Home Loan
Salaried Age Income Loan Amount Tenure 1years to 60years 1,44,000(p.a) 2,00,000 - 1,00,00000 5 years to 20 years 1) Application form with photograph 2) Identity & residence proof 3) Latest salary slip 4) Form 16 5) Last 6 months bank statements Self employed 1years to 65years 1,50,000(p.a) 2,00,000 - 2,00,00000 5 years to 20 years 1) Application form with photograph 2) Identity & residence proof 3) Education qualifications certificate & proof of business existence 4) Business profile, Last 3 years profit/loss & balance sheet, 5) Last 6 months bank statements

Documentation

6) Processing fee cheque

6) Processing fee cheque

DHFL Home Loan

DHFL ( Dewan Housing Finance Corporation Limited ) offers home loan to individuals & Corporate bodies. You can take Home Loan from DHFL for the following purposes 1. Home Extension Those who want to extend their existing accommodation can take a Home Extension Loan. 2. Home Improvement Loan- This is offered to those individuals who want to renovate or want to repaint their home. 3. Home Loan for NRIs This is offered to Non-Resident Indians (NRIs) for residential property in India. They can also avail this loan for purchase, contruction, improvement & extension. 4. Plot Loan- A individual can avail Plot loan from DHFL. It can be taken to purchase non-agricultural loan situated within Municipal/Local Development Authority limits. 5. Loan against Property - A professionally qualified individual who is either salaried or self employed can take mortgage loan from DHFL, against their residential property.

Features & Benefits of DHFL Home Loan 1. DHFL offers home loan to Individuals & Corporate bodies. 2. Prepayment option. 3. Hassle frees Process. 4. Loan sanctioned up to 85% of the property cost. Interest Rates of DHFL
Bank Name Up to 20 Lacs 10.75% (Upto 15Lacs), then 11% From 21 Lacs to 30 Lacs 11% From 31 Lacs to 75 Lacs 11.25% Above 75 Lacs Processing Fee 0.5% - 1% (basis on profile) Prepayment charges If 20% of outstanding amount is paid every year -No Penalty , otherwise 2% of outstanding amount

DHFL

11.75%

Eligibility & documentation required for DHFL Home Loan

Salaried Age Minimum Income Loan Amount Offered Up to retirement age 10,000 in Rural and 15,000 in Urban Maximum-5,00,00,000 Home Extension-1yr to 20yrs Home Improvement-1yr to 10yrs Home Loan for NRIs-1yr to 15yrs Plot Loan-1yr to 20yrs Mortgage Loan-1yr to 7yrs 1% Self employed Up to retirement age or 65 years whichever is earlier Maximum-5,00,00,000 Home Extension-1yr to 20yrs Home Improvement-1yr to 10yrs Home Loan for NRIs-1yr to 15yrs Plot Loan-1yr to 20yrs Mortgage Loan-1yr to 7yrs 1%

Tenure

Processing Fee

Documentation

Residence Proof, Identification Proof, Business Proof: 1) Brief Business Profile on the letter head 2) Copy of Shop & Establishment License / VAT Registration or any other mandatory license / registration 1) Complete Application Form, 3) Copy of Partnership deed 2) Residence Proof, Identification Proof, Details of Contract, 3) Income Proof, Last 3 months Salary 4) Copy of last 3 years Income slip or Salary Certificate, If Salary is Tax Returns, above 10000 per month than Latest 5) Copy of last 3 Years Balance Form 16 Sheet and Profit & Loss Account 4) Last 1 year bank statement of the firm duly attested by a 5) Property Documents with Map Chartered Accountant, 6) Bank Statement for the last 1 year for the Savings A/c & Current A/c 7) Form 16 /Tax deduction certificate 8) Copy of Advance Tax paid / self assessment tax paid Challan 9) Property Documents with Map

Axis Bank Home Loan

Axis Bank's Power Home helps you to get your dream home. Simple documentation and easy way to get a home loan. Features and benefits of Axis Bank Home Loan Attractive Home loan rate of interest Balance Transfer Facility You can choose between floating rate of interest and fixed rate of interest Loan can be sanctioned if you want to purchase any residential plot or a new house/flat Pre approved loan facility

Documentation and eligibility for Axis Bank Home Loan

Salaried Age 24 years to 60 years 1% of the Loan Amount + applicable taxes 1) 2) 3) 4) 5) 6) Application form with photograph Identity & residence proof Latest salary slip, Form 16 Last 6 months bank statements Processing fee cheque Loan Amount Offered Rs.1Lac to 50Lacs Processing Fee Self employed 24 years to 65 years Rs.1Lac to 50Lacs 1% of the Loan Amount + applicable taxes 1) Application form with photograph 2) Identity & residence proof 3) Education qualifications certificate & proof of business existence 4) Business profile, Last 3 years profit/loss & balance sheet 5) Last 6 months bank statements 6) Processing fee cheque

Documentation

Deutsche Bank Home Loan

Deutsche Bank offers you a home loan that will fulfill your dream of owing a dream home for yourself. Deutsche Bank offers (credit card, fixed deposits and loan against property) you a wide range of home loan options* and home loan interest rates that are specific to your needs and requirement... Features: Minimum Age : 23 years Minimum Gross Annual Income (Rs): 65 years or retirement, whichever is earlier Minimum stay at current residence: 1 year Total work or business experience For Salaried: 2 years (for loans up to Rs 1 crore) 4 years (for loans greater than Rs 1 crore) For Self Employed 2 years (for loans up to Rs 1 crore) 5 years (for loans greater than Rs 1 crore) Telephone: Mandatory for both residence and office Loan Amount The home loan amount depends on your repayment capability and is restricted to a maximum of 85% of the cost of the property or the cost of construction as applicable. Documentation & eligibility for Deutsche Bank Home Loan
Salaried AGE Income Loan Amount Offered Tenure Current Experience Processing Fee 23 years to 60 years Rs.100,000 (p.a) Upto 2crore 5years-20years 1years 11000/- or 0.5% Self employed 23 years to 65 years Rs.100,000 (p.a) Upto 2crore 5years-20years 1years 11000/- or 0.5% 1) Income tax returns for last 2 years. 2) Profit & Loss Account along with computation of Income and Balance Sheet for last 2 years, duly certified by a CA. 3) Proof of business continuity for last 3 years. 4) Copy of bank statement (main account) for last 6 months. 5) Short note on the nature of business, form of organisation, clients and suppliers, etc. 6) Photo Identity. 7) Proof of signature. 8) Proof of Residence. 9) Proof of age

1) Salary slips of last one month or salary certificate. 2) Form 16 3) HR certification showing all allowances and reimbursements (if any) Documentation 4) Copy of bank statement (main account) for last 6 months. 5) Photo Identity 6) Proof of signature. 7) Proof of Residence. 8) Proof of age.

Standard Chartered Bank Home Loan

If you are looking for a Home Loan that suits your pocket & fulfill the basic need of a Dream Home, then Standard Chartered is there to convert this dream into reality. The unique features, benefits & a wide range of loans (personal loan, loan against property and credit card) are available for you to purchasing a plot, construction flat, home extension and renovation. Special Features : Loan is available for salaried and self employed Only one time processing fees and no hidden charges is there You can choose tenure from 5 years to 20 years You can transfer your existing high interest loan to lower interest and save on interest Additional Benefits : Provide insurance on your home loan which protect your family from the burden for the repayment of the home loan in the unfortunate event of your death Give you the facility to save your tax It allows the top up on your home loan at attractive rate of interest if you repaying more than 6 months Current Home Loan Interest Rates of Standard Chartered Bank Home Loan
Loan Schemes Standard Chartered Bank below 75lac 10% Above 75 lacs 10.50%

Salaried Age Income Loan Amount Offered Tenure Current Experience Processing Fee 21years to 60years Rs.1,80,000 (p.a) 5,00,000 - 1,00,00000 5years-20years 2years 0.5% 1) Application form with photograph 2) Identity & residence proof 3) Last 3 months salary slip 4) Form 16 5) Last 6 months bank salaried credit statements 6) Processing fee cheque

Self employed 21years to 60years Rs.2,50,000 (p.a) 5,00,000 - 1,00,00000 5years-20years 2years 0.5%

Documentation

1) Application form with photograph 2) Identity & residence proof 3) Education qualifications certificate & proof of business existence 4) Business profile, 5) Last 3 years profit/loss & balance sheet 6) Last 6 months bank statements 7) Processing fee cheque

GE Money Bank Home Loan

Features: Home Loans upto Rs. 2 Crores

Attractive interest rates Up to 85% of property value as loan Loans for ready to move-in residential properties Longer tenor of up to 20 years Attractive offers on Loan Transfer from other banks Insurance Cover on your Home Loan Income Tax benefits Simple documentation and doorstep service

Documents Required Identity Proof (any One): Passport / Voter ID card / Photo credit card / Pan card / Driving license / Present employer ID card Signature Verification (any One): Pan card / Driving license / Passport / Credit card / Verification from bank Residence Proof (any One): Ration card / Utility bills / Passport / Voter ID card / Live lease deed / Present employers certificate Income Proof Salaried Individuals Latest Salary Slip showing statutory deductions, and Form 16 (duly signed by authorized signatory of the company), Or Latest acknowledged IT Returns Bank Statement from main account for the last 6 months Self-employed Individuals Duly acknowledged IT Returns and computation of Income for latest 2 yrs, and Bank Statement from main account for the last 6 months Copies of Self Attested or Audited financial statements of the firm/ Company in which applicant/ co-applicant is the partner/ Owner/ Director (as the case may be) Partnership Deed, Articles and MOA of the company (as the case may be) A recent passport size photograph duly signed by the applicant and the co-applicant. A recent passport size photograph duly signed by the applicant and the coapplicant. Schedule + 12 months of bank statements OR 12 months Repayment Track from Approved Financier with 6 months bank statement showing 6 EMI debits. Photocopy of RC in case of auto loan surrogate. In case of Top up, please give proof of loan continuity. In case you would like to give cheques from a different a/c, complete 6 months bank statement for the same account is required Bank Statement Verification Authorization letter duly signed by you Valid Business ownership Proof.

ING VYSYA Bank Home Loan

INGVYSYA gives you liberty to buy a home for yourself. It comes with bundle of benefits, which make it simpler and easier. You can take a Home loan from INGVYSYA for following purposes 1) Self-construction.

2) 3) 4) 5) 6)

Extension / Alteration / Up gradation of an existing property. Purchase of a Resale House/Flat. Purchase of a Used House/Flat. Composite Loan (Purchase of a Site + Construction). Balance Transfer from other Banks/Fin. Institutions with Top up Loan.

Features and benefits of INGVYSYA Home Loan Competitive interest rates Funding upto 85% of the cost of Property Floating Rate loans linked to HPLR i.e. Home Loan Prime Lending Rate EMI on a daily reducing balance method Flexible repayment options Maximum Loan Tenor upto 20 years Nil penalties on partial prepayments after 6 months of disbursal Documentation and eligibility for INGVYSYA home loan
Salaried Age Income Loan Amount Offered Tenure Current Experience 23years to 58years 1,20,000 p.a 5,00,000 - 3,00,00000 5years to 20years 3years 1) Complete application form, 2) processing fees cheque, 3) Identification Proof, 4) Residential proof, 5) Signatures Proof, Last 3 months salary slip, 6) Form 16 ,Last 3 months bank statement Self employed 25years to 65years 1,50,000 p.a 5,00,000 - 3,00,00000 5years to 20years 3years 1) 2) 3) 4) 5) , 6) Complete application form, Identification Proof, Residence Proof, Last 3 year ITR, Last 6 months bank statement as Processing fees cheque

Documentation

Reliance Home Loan

Attractive home loan interest rates with best-in-class features and benefits make the experience even more pleasant. The simple EMIs per tenor you choose, makes paying back your loan an absolute breeze. Reliance Consumer Financeensure quick approvals, service of the highest quality and simple documentation to make sure that taking a home loan is as pleasant as moving into your new home Features: You can get Maximum loan amount for purchase of your dream home Higher loan eligibility They cater to all your needs whether you are salaried or Self Employed Enjoy the flexibility of choosing your loan tenor Easy repayment option by way of simple EMIs Special 'No income document' program

 Attractive home loan interest rates. Eligibility: Minimum Age: - 21 yrs Business / Service Continuity Residency Stability Minimum Gross Annual Income of Rs 200,000 Salaried / Self employed professional and Self employed non professional Documentation :Individual Application form Passport copy / PAN Card / Ration card Passport sized photographs of all applicants / co-applicants Latest Form 16 and 3 months salary statement Latest 6 month bank statement Repayment track record, if any Sole Proprietor/Partnership/Pvt Ltd company Application form Passport copy / PAN Card / Ration card Passport sized photographs of all applicants / co-applicants Certified copies of MOA / AOA /Partnership deed Repayment track record 2 years audited financials 2 yrs ITR of directors/partners 6 months bank statement of main operating account Professional qualification certificate in case of Doctors / CA / Lawyers / Architects

Citifinancial Home Loan

Citi Financial offers you the best rate for your home loan. The easiest way to get a home loan with minimum documentation required. Choose a home loan scheme to suit your needs : Home Purchase Finance : You can fund your dream home now. Purchase a new property and get a loan up to 90% of the agreement value. Home Loan is available up to Rs. 2 Crore Home Loan Refinance with Top-up : Have your existing Home Loan bought over, and enjoy extra cash up to 70% of your home's market value. This loan is available up to Rs. 2 Crore. Home Improvement Finance : If you are looking to renovate your home, get up to 95% of the cost estimate (capped to 50% of market value). The Home Improvement is available up to Rs. 12 Lakh . Home Extension Finance : If you are planning on expanding your home. Get up to 95% of the cost estimate (capped to 60% of market value). Loans are available up to Rs. 30 Lakh*.

Features and benefits of Citi Financial : Attractive schemes for salaried individuals Easy income and property documentation Low Home loan rate Flexible property norms Approved plans are not mandatory Funding for builder flats Hassle-free and fastest service provider Documentation required for Citi financial Home Loan
Salaried Age Loan Amount Offered Documentation 21 years to 60years Upto Rs.2 crore 1) Application form with photograph 2) Identity & residence proof 3) Latest salary slip, 4) Form 16 5) Last 6 months bank statements 6) Processing fee cheque Self employed 21 years to 65years Upto Rs.2 crore 1) Application form with photograph 2) Identity & residence proof 3) Education qualifications certificate & proof of business existence 4) Business profile, Last 3 years profit/loss & balance sheet 5) Last 6 months bank statements 6) Processing fee cheque

Kotak Mahindra Bank Home Loan

Kotak Mahindra Bank offers you home loan for purchasing a residential property. The Home

Loan solution is designed in such a way that it goes with customer need & suits his/her pocket. Features & Benefits of Kotak Bank Home Loan Wide range of Offerings : Apart from the plain vanilla Home Loan, you can also avail of the exact scheme that suits your needs. You can choose: Kotak Flexi Home Loan Fixed Deposit Linked Home Loans

Free Personal Accident Insurance cover : Upto Rs. 1 crore along with your loan, which ensures that you are covered for any accidental mishaps and your family, is well protected. Pre-Approval facility : You can get a sanction for your loan amount based on the income, assets and employment information you provide during your consultation with Kotak Mahindra Bank. You may come across a property which you need to close at a short notice. In such a situation, this sanction can help so that you don't miss the opportunity. The sanction is good for 6 months, giving you time to shop for the home of your choice.
Insurance options on your Home Loans : You can also avail of a reducing insurance

cover at an exclusive premium, so that you are rest assured that should any unfortunate mishap occur to you, your family is safeguarded from any repayment burdens over the tenure of the loan. Documentation & eligibility required for Kotak Bank Home Loan
Salaried Age Income Loan Amount Offered Tenure 21 years to 60 years 1,44,000 (p.a) 2,00,000 - 1,00,00000 5 years to 25 years Self-Employed 21 years to 65 years 1,44,000 (p.a) 2,00,000 - 1,00,00000 5 years to 25 years 3 years 0.5% 85% of the property value 1) 2) 3) 4) 5) 6) Complete application form Address Proof Age Proof Income Proof Last 6 months bank statement Bank statement

Current Experience 2 years Processing Fee Loan to value ratio 0.5% 85% of the property value 1) 2) 3) 4) 5) 6) Complete application form Address Proof Age Proof Income Proof Last 6 months bank statement last 3 months salary slip

Documentation

IDBI Bank Home Loan

Features: Tenor of a home loan can be up to 20 years for a resident individual whereas for NRIs the maximum tenure is 10 years subject to maximum age of 60 years at maturity. Loan can be applied for a maximum of 90% of the property value subject to credit discretion. Attractive home loan rates. Security for the loan is a first mortgage of the property to be financed, normally by way of deposit of the title deeds or such collateral security as may be necessary. Title to the property should be clear and free from encumbrance, i.e., without any pending legal litigation adversely affecting the ownership of the property. Other parameters considered include an account of your age, income, number of dependents, financial stability and co-applicants income. Eligibility Following are eligible to apply for an IDBI Home Loan: Salaried individuals Self employed professionals/businessmen NRIs You can include your spouse/parents/children as co-applicant if you require higher eligibility subject to maximum of three applic Current Home Loan Interest Rates of IDBI Home Loan

Loan Schemes IDBI Bank

Up to 20 Lacs 11%

Above 20 lacs to 30 Lacs 11.50%-11.75%

Above 30 lacs to 75 Lacs 11.75%

Above 75 lacs to 1.5 Crore 12.25%

Home Loan Interest Rates

(Last edited on : 21 December 2011)

Buying your first home can seem intimidating, especially when faced with many different loan types. Don't worry. Use this list to compare and narrow down the choices to know which is the best. To help its customers get the best interest rates on home loans deal4loans has consolidated all the information regarding current rate of interest for all the banks at one place. Please keep visiting this section to check updated rate of interest for home loans.
Home Loan Interest Rates
Bank Name Floating Interest rate Processing Fee Up to 25 lacs 0.25% 26-75 lacs : 10,000 75 & above : 20,000

State Bank Of India

10.75% Scheme I :10.50% (Fixed 1 yr), Scheme II : 10.75% (Fixed 2yrs), Scheme III : 10.75% (Fixed 3yrs), then 10.50% (Upto 25Lacs) Scheme I :11% (Fixed 1 yr), Scheme II : 11.25% (Fixed 2yrs) Scheme III : 11.25% (Fixed 3yrs), then 11% Scheme I : 10.75% (Fixed for 3 yrs ) Scheme II : 11.25% (Fixed for 5 yrs ) , After that 10.50% rate or then applicable rate.

ICICI Bank

0.50% of loan amount upto 1 crore

HDFC Ltd

0.5% or maximum 10,000+service tax (10.30%) Salaried - 0.5% or 6000 whichever is less plus doc charges plus taxes (upto 25 lacs), 0.5% or 10000 whichever is less plus doc charges plus taxes (25-75 lacs), 0.5% or 15000 whichever is less plus doc charges plus taxes (above 75 lacs). Self Employed - 0.5% plus doc charges plus taxes.

First Blue Home Finance

10.50% (for Salaried / SEP), 11% (For Self Employed) (Upto 25Lacs), Then 10.75% (for Salaried / SEP), 11.25% (For Self Employed)

LIC Housing

Up to 30 lacs : 10,000+ 10.30%(Service tax) 30 - 50 lacs : Scheme I : 10.40% 15,000+10.30%(service Scheme II : 10.70% (Fixed for 3 yrs) tax) Scheme III : 11.15% (fixed for 5 yrs) 50 & above : 20,000+10.30%( Service tax) Scheme I :11.75% (Fixed for 20 yrs) Scheme II : 10.75% (Upto 1% of the loan amount + applicable taxes

AXIS Bank

25Lacs),Then 11% Up to 1%of loan amount (Rs 2500 to be collected at login and balance at the time of sanction ) 5000 + 10.30% (service tax) (Upto 20Lacs) 5000 + 10.30% (service tax) (Above 20Lacs) 0.5% 0.5% - 1%(basis on profile) 0.5%+Service tax 10000 + Service Tax upto 30lacs - 2,500 + 10.30% (service tax) above 30lacs to 1.5Cr 5,000 + 10.30%(service tax) Above 1.5Cr - 10,000 + 10.30%(service tax) 0.50% of loan amount, Maximum Rs. 10,000/N.A 0.50 % of loan amount, maximum Rs.20,000 Upto Rs.5 lakhs 0.50% of loan subject to min. Rs.1,000/- & max. Rs.2,500/Above Rs.5 lakhs & upto Rs.15 lakhs 0.50% of loan subject to min. Rs.2,500/- & max. Rs.7,500/Above Rs.15 lakhs & upto Rs.20 lakhs 0.50% of loan subject to min. Rs.7,500/- & max. Rs.10,000/Above Rs.20 lakhs 0.50% of loan subject to min. Rs.10,000/- & max. Rs.50,000/For loans upto Rs.30 lacs One time @ 0.55% of loan amount min. Rs. 3000/- and max. Rs.10000/For Loan over Rs.30 Lacs upto Rs.50 lacs One time flat

IDBI

11% (Upto 25Lacs), Then 11.50% 11.75%

ING Vysya

10.75%

Standard Chartered DHFL Citibank Deutsche Bank

10.75% - 11.25% 11.50% 10.50% (Upto 25Lacs), then 11% 10.50% - 11%

India Bulls

10.50% (Upto 25Lacs), Then 11%

Allahabad Bank Bank of Maharastra Central Bank of India

12.75% 11.20% 11.75%

Corporation Bank

11.75% (Upto 25Lacs), then 12%

Bank of India

11% (Upto 25 Lacs), Then 11.75%

Rs.15,000/For Loan over Rs.50 Lacs upto Rs.1.00 crore One time flat Rs.20,000/Union Bank of India 11.75% 0.25% of loan amount subject to a maximum of Rs.15000/- plus service tax as applicable 0.50% of the loan amount N.A

United Bank of India UCO Bank Bank of Baroda Canara Bank

12.10% 12.25% - 12.75% 11.75% 11.75%

Oriental Bank of Commerce

11.50%

Nil for fresh Loans upto Rs.20.00 lac, For Loans above Rs.20.00 lacs 0.50% of the loan amount subject to a maximum of Rs.12,500/0.25% - 0.5% N.A

Kotak Bank Dena Bank Punjab National Bank Vijaya Bank Syndicate Bank Indian Overseas Bank

11.25%( for Salaried), 11.50%( for Self Employed) 11.15% (Upto 25Lacs), Then 11.75% - 12.25% 11.75% 11.50% 11% (Upto 25 Lacs), Then 12.50% 11.50%

N.A N.A N.A 0.25%( for salaried ) , 0.50%( for Self employed)

Barclays Bank

11% - 11.25%

Reliance Federal Bank

11% 10.78% 0.50% 1% of the loan amount applied for, subject to a minimum of Rs 10000 plus service tax. This fee is payable on application and is not refundable 0.5%

HSBC Bank

10% - 13%

PNB Housing Finance

10.75% (Salaried/SEP) , 11.25%(SENP)

Development Credit Bank State Bank of Travancore Tata capital Housing Finance ltd

11.50% 11.25% 10.75%

0.5% Nil 0.5 to 1% off the loan amount. a) Loans Upto Rs 20 lacs -Rs 3500 plus service tax b) Loans > Rs 20 lacs Rs 5000 plus service tax 1) 0.25 % on Loan amount (Non refundable) (to be remitted at the time of submission of application) 2) 0.32 % on Loan amount (at the time of acceptance of sanction)

Dhanalakshmi Bank

12.25% (Uto 25Lacs), then 12.75%

Indian Bank

11.25%

Home Loan Interest Rates

(Last edited on : 21 December 2011)

Home Loan Interest Rates

Bank Name

Floating Interest rate

Processing Fee Up to 25 lacs 0.25% 26-75 lacs : 10,000 75 & above : 20,000 0.50% of loan amount upto 1 crore 0.5% or maximum 10,000+service tax (10.30%) Salaried - 0.5% or 6000 whichever is less plus doc charges plus taxes (upto 25 lacs), 0.5% or 10000 whichever is less plus doc charges plus taxes (25-75 lacs), 0.5% or 15000 whichever is less plus doc charges plus taxes (above 75 lacs). Self Employed - 0.5% plus doc charges plus taxes.

State Bank Of India

11% Scheme I :11% (Fixed 1 yr), Scheme II : 11.25% (Fixed 2yrs) Scheme III : 11.25% (Fixed 3yrs), then 11% Scheme I : 11.25% (Fixed for 3 yrs ) Scheme II : 11.50% (Fixed for 5 yrs) , After that 10.75% rate or then applicable rate.

ICICI Bank

HDFC Ltd

First Blue Home Finance

10.75% (for Salaried / SEP), 11.25% (For Self Employed)

LIC Housing

Scheme I : 10.40% Up to 30 lacs : 10,000+ Scheme II : 11.20% (fixed for 3 yrs) 10.30%(Service tax) Scheme III : 11.40% (fixed for 5 yrs) 30 - 50 lacs :

15,000+10.30%(service tax) 50 & above : 20,000+10.30%( Service tax) AXIS Bank Scheme I :11.75% (Fixed for 20 yrs) Scheme II :11% 1% of the loan amount + applicable taxes Up to 1%of loan amount (Rs 2500 to be collected at login and balance at the time of sanction ) 5000 + 10.30% (service tax) (Upto 20Lacs) 5000 + 10.30% (service tax) (Above 20Lacs) 0.5% 0.5% - 1%(basis on profile) 0.5%+Service tax 10000 + Service Tax upto 30lacs - 2,500 + 10.30% (service tax) above 30lacs to 1.5Cr 5,000 + 10.30%(service tax) Above 1.5Cr - 10,000 + 10.30%(service tax) 0.50% of loan amount, Maximum Rs. 10,000/N.A 0.50 % of loan amount, maximum Rs.20,000 Upto Rs.5 lakhs 0.50% of loan subject to min. Rs.1,000/- & max. Rs.2,500/Above Rs.5 lakhs & upto Rs.15 lakhs 0.50% of loan subject to min. Rs.2,500/- & max. Rs.7,500/Above Rs.15 lakhs & upto Rs.20 lakhs 0.50% of loan subject to min. Rs.7,500/- & max. Rs.10,000/Above Rs.20 lakhs 0.50% of loan subject to min. Rs.10,000/- & max. Rs.50,000/For loans upto Rs.30 lacs One time @ 0.55% of loan amount min. Rs.

IDBI

11.75%

ING Vysya

10.75%

Standard Chartered DHFL Citibank Deutsche Bank

10.75% - 11.25% 11.75% 11% 10.50% - 11%

India Bulls

11%

Allahabad Bank Bank of Maharastra Central Bank of India

12.75% (Below 50 lacs), Then 13.25% 11.95% 12.50%

Corporation Bank

12.50%

Bank of India

11.75%

3000/- and max. Rs.10000/For Loan over Rs.30 Lacs upto Rs.50 lacs One time flat Rs.15,000/For Loan over Rs.50 Lacs upto Rs.1.00 crore One time flat Rs.20,000/Union Bank of India 12.50% (Upto 50Lacs), then 12.50% 0.25% of loan amount subject to a maximum of Rs.15000/- plus service tax as applicable 0.50% of the loan amount N.A

United Bank of India UCO Bank Bank of Baroda Canara Bank

12.35% 12.75% - 13.25% (Upto 50Lacs),Then 12.75% -13.25% 12.50% 12.50%

Oriental Bank of Commerce

12.25%

Nil for fresh Loans upto Rs.20.00 lac, For Loans above Rs.20.00 lacs 0.50% of the loan amount subject to a maximum of Rs.12,500/0.25% - 0.5% N.A

Kotak Bank Dena Bank Punjab National Bank Vijaya Bank Syndicate Bank Indian Overseas Bank

11.25%( for Salaried), 11.50%( for Self Employed) 11.75% - 12.25% 12.50% 12.25% 12.50% 11.75%

N.A N.A N.A 0.25%( for salaried ) , 0.50%( for Self employed)

Barclays Bank

11% - 11.25%

Reliance Federal Bank

11% 11.03% 0.50% 1% of the loan amount applied for, subject to a minimum of Rs 10000 plus service tax. This fee is payable on application and is not refundable

HSBC Bank

10% - 13%

PNB Housing Finance Development Credit Bank State Bank of Travancore Tata capital Housing Finance ltd

11% ( Salaried/SEP) , 11.50%( SENP) 11.50% 11.50% 10.75% (Upto 50Lacs), Then 11%

0.5% 0.5% Nil 0.5 to 1% off the loan amount. a) Loans Upto Rs 20 lacs -Rs 3500 plus service tax b) Loans > Rs 20 lacs Rs 5000 plus service tax 1) 0.25 % on Loan amount (Non refundable) (to be remitted at the time of submission of application) 2) 0.32 % on Loan amount (at the time of acceptance of sanction)

Dhanalakshmi Bank

12.75%

Indian Bank

11.50%