AXIS BANK HOME LOAN

FEATURES

1)Attractive interest rates
2)Balance Transfer facility
3)Doorstep service
4)Option to choose from floating rate or fixed rate

LOAN PURPOSES
1)Purchase of a plot of land and construction of a house thereon
2)Construction of a house on plot of land already owned
3)Purchase of a new house or flat
4)Residual age of the property should not be less than 30 years old (Home Acquisition Plan)
5)Extension or renovation or repair of a house or flat already owned by self (improvement or extension plan)
6)Take-over of existing Housing Loan (Balance Transfer)
7)Pre-allotment booking finance
8)Loan takeover with additional refinance (Balance Transfer + top up)
9)Loan to NRI for purchase of ready residential property only
10)Purchase of residential plots only

ELIGIBILITY
A) Salaried Individuals
• Any individual who is in permanent service in Government or reputed companies
• The applicant in all the cases should be above 24 years of age at the time of loan commencement and up to the age of superannuation.

B)Professionals
• Professionals (ie, doctors, engineers, dentists, architects, chartered accountants, cost accountants, company secretary, management consultants only) can apply
• The applicant should be above 24 years of age at the time of loan commencement and up to 65 years or less at the time of loan maturity.

C) Self Employed Individuals
• Any individual filing Income Tax returns can apply
• The applicant in all the cases should be above 24 years of age at the time of loan commencement and up to 65 years or less at the time of loan maturity.

DOCUMENTS REQUIRED
In case of SALARIED

1. PHOTO -2
2. FEE CHQ
3. PAN CARD
4. RESIDENCE PROOF
5. QUALIICATION PROOF (Higher)
6. SALARY SLIP – 3 MONTHS
7. 6 – months Latest BANK STATEMENT
8. ITR’s + Form 16 A – LAST 2 YRS
9. 3 yrs. Continuity proof
10. APPOINTMENT LETTER with CTC/Increment letter
11. COPY OF PROPERTY PAPERS
EXISTING LOAN detail along with 6 month EMI Bank

In case of SELF EMPLOYED

1. PHOTO – 2
2. FEE CHQ
3. PAN CARD
4. I.D. + AGE PROOF
5. RESIDENCE PROOF
6. ITR WITH COMPUTATION, BALANCE SHEET, P & L A/c, – 3YRS
7. BANK STATEMENT - 6 MONTHS (CURRENT A/C + SAVING A/C)
8. COPY OF PROPERTY PAPERS
9. EXISTING LOAN detail along with 6 month EMI Bank Statement

• All papers should be self-attested.
• Processing Fee - .5% + s.tax12.36% of the loan amount.
• Sanction valid up to 3months only.
• No part payment or full payment charges.
• No bank transfer closer charges

L LOAN AMOUNT
• Minimum - Rs 1 lac
• Maximum - Rs 50 lac