What is Home Loan ?

Any amount of money borrowed from a bank or an NBFC for the purchase, expansion, or construction of a home at a certain fixed or floating rate of interest, payable in EMI or Equated Monthly Instalment over an agreed period, is termed as a Home Loan. The property remains as security with the lender for the term or period of the loan. You may avail a home loan for purposes such as:

Purchase of Residential Property

Acquisition of Land

Home Construction

Home Expansion

Home Renovation

Balance Transfer

  Eligibility criteria*

Below are the housing loan eligibility criteria for the individuals:

Nationality should be Indian.

Minimum age: 21 years and Maximum age: 65 years (Salaried) and 70 years (Self-employed).

Minimum income: Rs 15000 per month (Salaried) and Rs. 12000 (Self-employed).

CIBIL score should be 750 or above.

Co-applicant should be family member (If applicable).

 Documents required

If you are eligible for home loan, check below the documents required:

KYC documents (Aadhar card / Voter’s ID / Passport / PAN card).

Last 3 months salary slip (Salaried) and Business profile (Self-employed)

Processing Fee and CERSEI cheques.

Signature proof.

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Make registration page and send mails to tazaloans@gmail.com

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