Age - Majority of institutions expect applicants to be between 24 and 60 years oldWork Experience - Worked abroad for at least six monthsIncome - At least 3,000 USD per month
checklist ONE
Eligibility Criteria
Identity Proof - PAN, Passport, Aadhaar Voter ID, and Driving LicenseProof of Residence - Any document containing your Indian addressProof of Income - Salary Slips (Salary Credits), Letter of Appointment, and Bank Statements where salary is received.
checklist TWO
Documents Required
Property documents including the Purchase Agreement and Letter of Property Allocation• Construction permission (if applicable). • Loan Application documentation • Any receipts for payments made. • Insurance policy documentation
checklist THREE
Property Transaction Documentation
Typically, banks will lend up to 70% to 80% of the property’s value. Processing fees range from a rate of 0.25 percent to three percent. There are fees for both late payment and prepayment of the entire loan balance
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