Individuals or group of specified individuals (co-borrowers) having an assured source of regular income viz. salaried / self-employed persons, professionals, businessmen, farmers etc (including Staff, NRIs & PIOs).
DTCP / CMDA / Patta / Resale Property / Multi-tenant Property / Industrial / Commercial / Vacant / Non Agri Lands Etc.,
The close relatives of the applicant can be added as a co-applicant for higher eligibility. If the applicant wants to add any person who is not a close relative as a co-applicant, same can be considered only if he / she are the joint owner of property.
Spouse, Father, Mother (including Step Mother), Son (including Step Son), Son’s wife, Daughter (Including Step Daughter), Daughter’s husband, Brother / sister (Including step brother / sister), Brother’s wife, sister (including step sister) of spouse, Sister’s husband, Brother (including step brother) of spouse.
Interest on housing loan can be claimed as a deduction from Interest & Principle. From Principle amount Sec- 80C, every year maximum up to Rs. 150000, In this tax benefit from interest paid by the borrower will get concession up to Rs. 200000 under sec 24 of the income tax Act, 1961 every year. Then, according to income tax Act 80EE, first time home purchaser / Construction person can get advance interest tax concession Rs. 50000. This is according to the above income tax Act sec 24, Except Rs. 200000 can get advance concession.
At the time of applying for the home loan, Processing fees 0.5% to 1% or Rs. 5000 to Rs. 10000. This amount Income Tax benefit according to sec 80C, Borrower can get the benefit. (Note: Many people who are getting home loan don’t know this benefit) *
This benefit, according to Sec 24, the highest Interest concession is more than Rs. 200000, You will get extra Rs. 50000. i.e Rs. 250000 interest benefit as per the income tax Act. *
CIBIL Score is not that much of important. But, Current default we can check the loan / Credit card / Personal loan status, then we take for process. Don’t worry we make it easy. Get free Financial consultant to get Loan. “Get 100% construction Loan.” “Get 90% Purchase Loan for Patta land / DTCP / CMDA.” With Plan / Without Plan. Subject to condition