| Eligibility |
Home Loan Eligibility Criteria for an Individual
- Age:
- Salaried between 18 and 60 years old
- Self Employedbetween 18 and 65 years old
- Gross Income of Resident Indian Individual:
- (Delhi, Mumbai, Bangalore, Pune & Chennai) - Minimum income should be Rs.20,000/month.
- (Other cities) - Minimum income should be Rs.15,000/month.
- Minimum Qualification:
- Graduate when applicant is employed with a private limited company or partnership firm. If applicant is employed with Public limited company or MNC or Government or Public Sector Company then there is no such criteria.
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- Home Loan Eligibility Criteria for a Partnership Firm / LLP/Indian Company
- Age:
- Self Employedbetween 18 and 65 years old
- Minimum Qualification:
- Graduate when applicant is employed with a private limited company or partnership firm. If applicant is employed with Public limited company or MNC or Government or Public Sector Company then there is no such criteria.
- Should be in existence for at least 3 years.
- Gross Income of Partnership firm/ LLP/ Indian Company:
- (Delhi, Mumbai, Bangalore, Pune & Chennai) - Minimum net income should be Rs.2,40,000/- p.a.
- (Other cities) – Minimum net income should be Rs.1,80,000/- p.a
- Home Loan Eligibility Criteria for a Hindu Undivided Family (HUF)
- Karta of HUF must be applicant / co applicant.
- Should be in existence for at least 3 years
- IT returns of HUF for 3 years should be obtained.
- Net Income of a Hindu Undivided Family:
- (Delhi, Mumbai, Bangalore, Pune & Chennai)- Minimum income should be Rs.2,40,000/-p.a.
- (Other cities)– Minimum income should be Rs.1,80,000/- p.a.
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- Home Loan Eligibility Criteria for a Partnership Firm / LLP/Indian Company
- Age:Self Employedbetween 18 and 65 years old
- Minimum Qualification:
- Graduate when applicant is employed with a private limited company or partnership firm. If applicant is employed with Public limited company or MNC or Government or Public Sector Company then there is no such criteria.
- Should be in existence for at least 3 years.
- Gross Income of Partnership firm/ LLP/ Indian Company:
- (Delhi, Mumbai, Bangalore, Pune & Chennai) - Minimum net income should be Rs.2,40,000/- p.a.
- (Other cities) – Minimum net income should be Rs.1,80,000/- p.a
- Home Loan Eligibility Criteria for a Hindu Undivided Family (HUF)
- Karta of HUF must be applicant / co applicant.
- Should be in existence for at least 3 years
- IT returns of HUF for 3 years should be obtained.
- Net Income of a Hindu Undivided Family:
- (Delhi, Mumbai, Bangalore, Pune & Chennai)- Minimum income should be Rs.2,40,000/-p.a.
- (Other cities)– Minimum income should be Rs.1,80,000/- p.a.
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Application Form
