Offers Home Loan for following purposes. • Purchase of Flat/ House. • Purchase of Land. • Land Purchase cum Construction. • Home Extension / Improvement Loan. • Balance Transfer. • For Property Registration. |
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Features and Benefits • Loans up to 20 years. • No Prepayment Penalty*. • Attractive ROI with Multiple Schemes. • Loans up to 85%* of property value. • Rental income considered in total income. • Option to pay EMI in partial disbursed cases. • Personal Accident coverage free of cost with property insurance. • Home Assure - An insurance coverage on outstanding principal, which can be part of the loan value and therefore no upfront premium payable. |
Current Home loan Interest rates of First Blue Home Finance
Product | Loan Amount | Entity | Applicable ROI | Fee Applicable for Salaried/Self employed |
Housing & Land Loans | Upto 30 Lacs | Salaried/SEP | 10.25% | 0.5% or 6000 whichever is less plus doc charges plus taxes (Salaried) AND 0.5% plus doc charges plus taxes (SEP) |
Above 30 Lacs and upto Rs. 75 Lacs | Salaried/SEP | 10.50% | 0.5% or 10000 whichever is less plus doc charges plus taxes (Salaried) AND 0.5% plus doc charges plus taxes (SEP) | |
Loan greater than Rs. 75 Lacs | Salaried/SEP | 10.75% | 0.5% or 15000 whichever is less plus doc charges plus taxes (Salaried) AND 0.5% plus doc charges plus taxes (SEP) |
Documents | Salaried | Self Employed | NRI |
Personal Documents | • Pan Card. • Residence proof. • Age and Identity Proof. |
• Pan Card. • Id and D.O.B proof of guarantor. • Residence and office address proof of applicant and guarantor. • Qualification proof of self employed professional. |
• Copy of Passport and valid visa. • Copy of valid work permit. • Copy of PIO card of person of Indian origin . • Copy of identity card issued by current employer. |
Other Documents | • 3-6 salary slips with bank statement reflecting salary credits. • All bank A/Cs of the applicant for last 3 months. • Increment/Appointment letter. |
• P/L Account+ B/S along with ITR computation for last year. • VAT Returns, TDS Certificates, Audit report, schedules. • Last 6 months bank statement. • For rental Income: ITR, Bank, credit, ownership proof, rent agreement. • Business profile. |
• Copy of employment contract/increment/confirmation letter. • Past occupation history ( last 3 years). • Latest salary Slips/salary certificate. • Overseas and domestic bank account statement for the last six month ( including NRE/NRO accounts). |
Personal Documents | • Filled application form with recent passport size photograph • Processing fee cheque in favour of 'First Blue Home Finance Limited' • Property documentations • Any other documents as may be required |
• Filled application form with recent passport size photograph • Processing fee cheque in favour of 'First Blue Home Finance Limited' • Property documentations • Any other documents as may be required • Director's and stakeholder's List MOA/Partnership deed |
• Latest Credit Score Report • Overseas and domestic loan detail • Filled application form with recent passport size photograph • Processing fee cheque in favour of ' First Blue Home Finance Limited' from NRE/NRO account |