• Understand the basic parameters like repo rate, reducing balance and spread while taking a housing loan
• Be a smart buyer and don’t just look at the initial rate of interest offered. As banks/ NBFCs can change the rate of interest anytime. This can cause huge losses towards the interest in future EMI repayment.
• Understand the complete charges of bank while taking a fresh loan or transferring existing- If asked banker the word processing fees, they will just tell you their charges. Not the additional charges like franking, notary and notice of intimation.
• Understand about the products like Maxgain or overdraft account  which comes complimentary with some of the banks. This can additionally save 1-2 years of your EMI in a loan term loan.

Connect with our team to understand the benefits you can avail while taking a housing loan.

Salaried document list

1. Pan card & aadhar card of applicant & co applicant
2. Relation proof
3. Current electricity bill
4. 2 passport size clear photo of both

Income documents
1. Office ID card
2. Appointment letter
3. Form 16 of last two financial years
4. Current 3 months salary slip
5. Six months bank account statement up-to date in which salary is credited

Businessman document list

Document list
1. Pan card & aadhar card of applicant & co applicant
2. Relation proof
3. Current electricity bill
4. 2 passport size clear photo of both

Income documents

1. Office address proof- electricity bill
2. ITR 3 Years with P&L, Balance sheet, computation
3. Any business profile: gumasta (old) or GST or any contract letter.
4. One year bank account statement saving and current up-to date

This list can change as per the customer’s profile. Register to know yours.