Combo Home Loan for plot purchase plus construction

Combo Home Loan for plot purchase plus construction

New product “Combo Home Loan” caters to the need for purchase of plot as well as construction of House in a single composite loan. The Combo Home Loan will provide an upfront sanction of Home Loan, providing comfort of getting loan for construction after acquiring plot / land.

  • Features
  • Eligibility
  • Interest Rates & Fees
  • Documents Required
  • Home Loan products for Plot Purchase plus Construction
  • Low Interest Rates
  • Low Processing Fees
  • No Hidden Charges
  • No Pre Payment Penalty
  • Interest on daily reducing Balance
  • Repayment up to 30 years
  • Interest Concession for Women Borrowers
  • Resident Type: Resident/Non Resident Indian
  • Minimum Age: 18 years
  • Maximum Age: 70 years
  • Loan Tenure : Up to 30 years
  • Loan Amount: Click Here

Festive Offer NEW

  • Interest Rate: Home Loan interest rate starting at 8.50% ownards.
  • Processing Fee: 50% concession in card rate. 100% waiver in selected cases.
    T&C Apply.

Click here for Card Rates

Click here for Processing Fee- Card Rates

Important Notification

List of papers/ documents applicable to all applicants:

  • Loan Application: Completed loan application form duly filled in affixed with 3 Passport size photographs
  • Proof of Identity (Any one): PAN/ Passport/ Driver’s License/ Voter ID card
  • Proof of Residence/ Address (Any one): Recent copy of Telephone Bill/ Electricity Bill/Water Bill/ Piped Gas Bill or copy of Passport/ Driving License/ Aadhar Card
  • Employer Identity Card

Property Papers:

  • Registered Agreement for sale (only for Maharashtra)/Allotment letter/Stamped Agreement for sale along with all link documents
  • Payment Receipts or Bank A/C statement showing all the payment made to builder/seller

Account Statement:

  • Last 6 months Bank Account Statements for all Bank Accounts held by the applicant/s
  • If any previous loan from other Banks/Lenders, then Loan A/C statement for last 1 year

Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:

  • Salary Slip or Salary Certificate of last 3 months
  • Copy of Form 16 for last 2 years or copy of IT Returns for last 2 financial years, acknowledged by IT Dept.

Income Proof for Non-Salaried Applicant/ Co-applicant/ Guarantor:

  • Business address proof
  • IT returns for last 3 years
  • Balance Sheet & Profit & Loss A/c for last 3 years
  • Business License Details(or equivalent)
  • TDS Certificate (Form 16A, if applicable)
  • Certificate of qualification (for C.A./ Doctor and other professionals)