Property Energy

Property Power

  • Qualities & Advantages
  • Papers Required
  • Payment options
  • Terms & Conditions
  • Quick loan processing
  • People (Residents, Non-residents, PIOs) can use for the loan
  • Longer payment period- as much as 15 years
  • Lower Interest Levels & EMIs
  • Loan Amount as much as Rs. 5 Crore
  • Loan could be availed as overdraft as well as Term Loan
  • Minimal Paperwork
  • Surrogate Scheme for One-man Shop Category available
  • Balance Transfer products with extra finance
  • Property Power exists against domestic premises, a block of land or properties that are commercial per your convenience.

KYC Papers

  • Two passport size pictures each one of the applicant/ and also the co obligant
  • Identification Proof – Passport / Voters ID / Driving License/ PAN Card / Aadhaar Card
  • Address Proof – Passport / Voters ID / Driving License / Aadhaar Card
  • Age verification – Passport / Birth Certificate / Driving License / SSLC or AISSE certification

Extra documents for Non Resident Customers

  • Certified content of Passport, Visa, Perform allow, ID card

Earnings Papers

Resident Salaried

  • Latest Salary that is certificate slide (a couple of months)
  • Copies from it returns (24 months) or Form No. 16 (a couple of years)
  • Latest 6 thirty days’s bank-account declaration evidencing the wage credits

Resident Personal Employed

  • Evidence of Business existence & Business Profile
  • Final one year bank a/c statements
  • IT comes back for just two years sustained by Balance Sheet, P&L take into account the last couple of years. Exactly where available, Tax paid challans may additionally be gathered OR Last two years IT comes back sustained by Tax calculation sheet & Tax paid challans

Non Resident Salaried (either of option or option1 2)

  • Choice 1
  • NRE account statement with any bank for final a year
  • Embassy / CRO certified Salary Certificate/ latest a couple of months wage Slip OR Latest Salary that is certificate (a few months) sustained by half a year Salary Crediting Statement
  • Choice 2
  • Couple of years NRE a/c statement associated with the client and/or resident reports of spouse/parents (with us/ other Bank) for which remittance is manufactured. Continue reading