1. What must be designation to obtain the bank loan?
- You must be working is software, Hardware and information technology area
- Must work in Government office
- Or else you must in private Ltd co. where PF & Salary slip facilities are there.
- The business people can apply for loan with the last 3 years IT papers
2. What must be my minimum amount of salary?
- Your minimum amount of salary must be Rs.8500/- and above it.
3. What will be my loan amount for my salary?
|Salary Amount||Loan Amount|
|Rs. 8,000/-||3.3 lakh|
4. How many days will loan processing will go on?
- The papers needed for the loan from your side, must be properly provided and after it within 5-7 days it will be completed
5. What are the papers needed for the loan from our side?
- Payslip with Attest By Employee for 3 months
- Employer Letter
- Form-16 / Appointment Letter
- BankStatement for last 6 months
- A Cheque Leaf for Proceesing Fee
- Resume (Previous Employment details)
- Identity Proof
- Age Proof
- Address Proof
Non-Resident Indian / PIO
- Employment Contract / Appointment Letter
- Overseas Bank statement for 6 Months
- NRE / NRO Bank Statement for 6 Months
- Visa Stamped on Passport
- Latest Credit Burezu report
- Continuous Discharge Certificate (CDC) for Applicants employed in the Merchant navy
- Power Of Attorney
- A Cheque Leaf for Processing Fees
6. How much will be the EMI for my loan amount of Rs.1,00,000/- ?
- If the loan is for 15 years. The EMI will be Rs.999/- of your amount of Rs.1,00,000/-. (Approximately).
7. What will be the interest for the loan now days?
- Rate of interest will be 8.75% for the loan amount.
8. If part of the loan amount is paid in between whether interest amount will be reduced or not?
- Yes, the interest amount will be reduced. According you pay the loan amount.
9. Whether the loan can be processed in the another Name than the property person name?
- Yes, it can be done but the person must be working one.
10.If, I am in abroad and unable to come whether I can get loan amount?
- Yes, this process can be done by the details about you through e-mail and get papers signed thoroughly carries.