Citibank Home Loan
Features
• Attractive
Home Loan Rates
•
Loan up to Rs. 5 Crore
• Flexible repayment tenure up to 25 years
•
Loans up to 89% of the property value
• Flexibility to pay interest only during construction period
Home Loans available for
• Purchase of Ready Property
• Self-Construction
• Purchase of Plot and Self-construction
• Transfer of your existing Loan availed from other institutions
What is the age requirement for availing Home Loans?
• The main applicant has to be 23 years of age and coapplicant should be
21 years of age when the
home loan is sanctioned
• Maximum age on loan maturity should not exceed 65 years
Co-borrowers to the loan can be
• All property owners
• All income considered borrowers
• In case of partnership firm – the key partner
• In case of companies – all shareholders holding 76% shares of the company.
| Documents required for Salaried Individuals |
• Salary slip not older than 60 days
• Bank statements for last 3 months not older than 90 days
• Work experience proof (required for 2 years)
• Photograph for all individuals
• Date of birth proof for all individuals
• Signature verification proof for all individuals
• Residence address proof for all individuals
• Business address proof for all self-employed customers |
| Documents Required for Self-Employed |
(Required for 2 years)
• Income Tax Return
• Computation of income for tax purposes
• Financials (Balance Sheet / Profit and Loss Account along with all
Schedules)
- Attested by Chartered Accountant
• Bank statements for last 3 months not older than 30 days
• Business continuity proof for 3 years
• Photograph for all individuals
• Date of birth proof for all individuals
• Identification proof for all borrowers
• Signature verification proof for all individuals
• Residence address proof for all individuals
• Business address proof for all self-employed customers |
Companies
• Memorandum & Articles of Association
• Certificate of Incorporation
• CA certificate for list of directors and list of shareholders along
with shareholding pattern |
Partnership Firm
• Latest partnership deed
• CA certificate for list of partners along with profit sharing ratio
Property Documents
• Photocopies of title deeds, agreement to sell, encumbrance certificate
• Approved plans and clearance certificates from authorities
• Allotment letters and / or by-laws of the co-operative society /
Association of apartment owners.
|
Disclaimer : Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.
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