Family income Per Year

Criteria than or equal to Rs.2,00,000

Min.Age and max.age

23 to 65 years for self employed professinols

Loan to value (ltv) Against Property

Up to 80% on SORP UP to 70% on SOCR UP to 60% on Rented property & up to 55% on plot /vacant Property

Resident Type

India & NRI

Employment Type

Salaried & Self Employed

Min Experince

Min 1 yr in some & 3 year in current business

Repayment tenure

12 to 240 months for home loan

Loan Amount

10 Lacs to 50 crores

Loan Eligibility(based on net income)

• Eligible Loan Amount =[{ (PAT+DEP+INT ON LOAN)/12 MONTHLY Obligation]} (70% to 200%)\Loan EMI Per Lac]

• Eligible Loan Amount =[{ (PAT+DEP+INT ON LOAN)/12 -MONTHLY Obligation)*(muiltiplier)}

Loan Eligibility(based on banking)

ELIGIBLE Loan EMI = monthly ABB/20

Liquid Income Program

Eligible Loan Amount={[PAT+ DEP =INT on loan )12-Monthly obligation)}+70%/ Loan EMI per lag ]

Repayment Track Program

Repayment Track Program

Low LTV

45% of market value of proprty

Monthly obligation

All running loans EMI is called obligation

Exisiting Loan obligation

• Loan obligation should not more than 100% of net income

• New loan With Closure of exsiting Loan is a good option any time

Exiting Loan overdue Charges

IfCurrent o99verdue not allowed or Requirad proper justification any other running loan clean track for support

Interest Rates

Between 10.00% to 16% reducing (floating interest)

Existing Loan DPD

Not allowed or Provfide valid justification for the same

Exisiting loan Settlement

If latest (within 5 year)-Not allowed on require any other clean running clean track with NOC, NDC of the Overdue loan account

CIBIL Score

650+(subject to clean loan repayment all running or past years) or go with compartioble banks

Banking track

• Clear banking with healthly transaction with inward & outword bounces for premium banks

• If Poor banking with some inword bounces please prefer B category NBFC’ s

Property Legal

• All approved property from authorities with clear title of proparty ownership –Eligible

Any political Relation ship

Not Allowed

Any criminal Backgrround

Not Allowed

Tax Liability

All the Government taxes must be paid like –income tax, VAT, Service Tax etc.

Customer sign

Class 4 th employee,Cash salary

Not Doable Profiles

All The document must be self Attested by customer

KYC

1. Photo

2.PAN Card

3.Current Address Proof

E. Banking

Latest 1 year bank statement of All accounts

Proof of income salaried

1.Latest 6 Month Bank Statement

2.Latest 3 Month Bank Statement

3.Last 2 Year Form 16

4.All existing loan detail documents (welcome Letter, sanction Letter Statement Of loan account) If required /Any CIBIL issues –detaiil document required.

SelF Employed

1.Shop act Licence /SSI Certificate /Any other Govt certificate for business stability proof

2.Last 3 year ITR Set along with CA Certified Balance sheet ,profit & loss(P& L) Computation of income tax Audit Report (IF applicable)and all Schedule of Balance sheets.

Property Documents

1.copy of property papers

2.copy of Approved Santion Plan

3.comencement certificate/completion certificate/ any other applicable documents as per the law of the state/ government

4 .if co –operative housing society –society certificate and share certificate /any other applicable documents as per the law of the state/ government

Firm/company documents [for self employed]

1 PAN CARD

2 partnership Deed for partnership firm

3.moa and incorporation certificate for pvt. Ltd. Company

4.office address proof

5.last 3year ITR and tax audit reports

Existing Loan Details

1.welcome Letter

2.Sanction Letter

3.Statement of Loan Account