Eligibility for Ing Vysya home loans

Income, age, stability, personal assets & liabilities are all the factors depending upon which eligibility of home loan for an individual is calculated. Resident Indian citizens can apply in their individual capacity or jointly: -

• Salaried Individuals include Salaried Doctors, CAs, employees of select Public and Private limited companies, Government Sector employees including public sector undertakings and central, state and local bodies
• Self Employed Professionals include self - employed Doctors, Chartered Accountants, Engineers, MBA Consultants, Architects, Company Secretaries.
• Self Employed Individuals include self-employed - Sole Proprietors, Partners and Directors in the Business of Manufacturing, Trading or Services.
• NRIs include Non Resident Indians.

Eligibility Criteria

For Salaried individuals:

1. Minimum age of Applicant: 23 years.
2. Minimum employment: 3 years of employment.
3. Minimum Net Monthly Income: Rs. 10,000 p.m

For Self-Employed individuals:

1. Minimum age of Applicant: 25 years.
2. Maximum age of Applicant:60 years.
3. Minimum employment: 3 years of employment.
4. Minimum ITR(Income Tax Return): Rs. 1,50,000

For Salaried Professionals:

1. Minimum age of Applicant: 25 years.
2. Maximum age of Applicant:65 years.
3. Minimum employment: 2 years of employment.
4. Minimum ITR(Income Tax Return): Rs. 1,00,000