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