What is the process to apply for a home loan In India?

FOR OUTRIGHT PURCHASE OF A READYMADE HOUSE:  Quotation from seller Copy of title deeds Proof of income – salary slip/IT returns Bank statement for last 6 months Confirmation of employment letter from company, if you have been working for less than one year KYC documents NOC from builder/housing society FOR BOOKING A FLAT IN A … Read more

I have a housing loan going on for a house bought in 2015. Now, I am planning to sell that house. What will happen to the housing loan and what’s the process to transfer the loan?

1.Your First Question what will happen to the housing loan? First, you go to your bank ask them to provide you outstanding loan amount and a list of documents (docs) you submitted to the bank when you taking the loan like sale agreement, NOC, share certificate, etc). Suppose your loan outstanding is Rs.10 lacs ( … Read more

Can I buy a property in India from relatives and get a home loan?

Yes, You can buy a property in India from relatives. Before buying a property check all documents and cross verify before you seal the deal. In India, there are many banks and NBFC for a home loan. To get a home loan you have to be ready with all required documents and check eligibility criteria … Read more