Proof of Identity (Passport Copy /Voter ID card /Driving License /PAN Card) Address Proof (Ration card /Telephone Bill /Electricity Bill /Rental agreement /Passport copy /Bank Passbook or Statement /Driving License) Age proof (PAN Card /Passport /any other certificate from a statutory authority)
Similarly, can I get home loan without property documents?
Keep the following list of documents handy to avail a mortgage loan against property without income proof: Duly filled application form. Proof of identity like PAN Card, Voter ID Card, Aadhaar Card, Driving License, etc. Proof of address like Aadhaar Card, Voter ID Card, Ration Card, Passport, Utility Bills, etc.
| Net Monthly income | Home Loan Amount |
|---|---|
| Rs.25,000 | Rs.18,64,338 |
| Rs.30,000 | Rs.22,37,206 |
| Rs.40,000 | Rs.29,82,941 |
| Rs.50,000 | Rs.37,28,676 |
Keeping this in view, is Patta required for home loan?
You will only get the document issued if there is any house or building built on it. If there are multiple owners for a single plot then a single Patta is being issued for all the owners. But in that case the there must be a division of the property. If there is an undivided land Patta will not get issued.
What are the property documents?
Here is an important checklist of property documents you need to have a look at!
- Sale Deed: …
- RTC Extracts: …
- Khata Certificate and Extracts: …
- Mutation Register Extracts: …
- Joint Development Agreement: …
- General Power of Attorney: …
- NOC: …
- Ratification Deed:
What is minimum salary required for home loan?
What is the Minimum Salary for a Home Loan? Your salary should be above Rs. 15,000 per month to qualify for a home loan.
Which bank is best for loan against property?
Best Loan Against Property Schemes
| Bank | Interest Rate | Tenure |
|---|---|---|
| HDFC Bank | 8.00% p.a. – 8.95% p.a. | Up to 15 years |
| IDFC First | 8% p.a. onwards | Up to 20 years |
| Tata Capital | 10.10% p.a. onwards | Up to 15 years |
| Axis Bank | Up to 11.25% p.a. onwards | Up to 20 years |