IIFL Home loans | Interest Rates | Eligibility | Information

IIFL (India Infoline Housing Finance Ltd) Home Loans: Get Instant Quotes on Rates, Eligibility Income criteria, EMI, Documents & Features. Calculate Instant EMI with Calculator.
 
IIFL Offers Better products to the borrowers with best services, Value Added features & benefits. IIFL offers loan’s on the basis of customer needs & value added appropriately.

Home Loan applications received for rupees ₹ 419,027 crores till 19 November 2018

Compare & Get Instant Home Loan Quotes Online & your CIBIL score absolutely FREE.

Loan Amount
Occupation

Annual Income

City

54,02,013 loan quotes taken till now.
  • 54 lakh customers serviced to get best Loan deals with deal4loans. Deal4loans views Published @ yourstory.com
  • As RBI cuts rate, should you go for fixed home loan Deal4loans views Published @ Economic Times online.

Eligibility:

  • The product is available to salaried and self-employed customers for loan applications.
  • The applicant must be an Indian Citizen and 18 years or over.
  • The maximum age allowed for salaried is 60 years and for self employed 65 years.

 
Home Loans can be applied for either individually or jointly. Proposed owners of the property, will have to be co-applicants. However, the co-applicants need not be co owners.
 
Loan Amount –  Minimum amount: Rs. 100,000*, the maximum loan amount will be 75% of the cost of the property for loans above 75 lakhs and 80% of the cost of property for loans upto 75 lacs, based on the repayment capacity of the customer.
 
Loan Tenure – The maximum period of loan repayment shall be 20* years.
 
Documents List:

Photo ID Proof

Signature Verification

Residence Proof

PAN Card
Passport
Driving License
Voter’s ID Card
Identity Card issued by Employer (Central Govt. or State Govt.)
Aadhar Card

PAN Card
Passport
Bank Authentication

Latest Utility (electricity, water, etc.) Bill
Telephone Bill (latest bill not more than three months old)
Ration card
Passport With Address
Bank Statement/pass book With Address
Registered Leave and License Agreement supported with an address proof/utility bill in the name of the landlord
Voter’s ID Card

Financial Documents

Salaried

Self Employed Professional

Self Employed Non Professional

Latest 3 Salary Slips or Salary Certificate on Employer’s Letterhead
Last 6 months bank statement
Latest form 16, ITR

Last 3 years P&L and Balance Sheet
Last 6 months bank statement
Last 3 year IT returns (self and business)
Educational Qualification certificate
Professional practice certificate
Copy of either Shop & Establishment License / VAT Registration or any other mandatory license / registration

Copy of partnership deed (if applicable)

Last 3 years P&L and Balance Sheet
Last 3 year IT returns (self and business)
Educational Qualification certificate
Professional practice certificate
Copy of either Shop & Establishment License / VAT Registration or any other mandatory license / registration
Copy of partnership deed (if applicable)
Brief Business Profile on the Letter Head of the firm

 

Source: http://www.iihfl.com/