HOME LOAN- UNAPPROVED PROPERTY LOAN

Initial Details

Employment Type
Turnover
Profit Before Tax
Current Paying EMI (If Any)
Monthly Income
Current Paying EMI (If Any)
Age
Full Name
Phone Number

Offers

Bank Best Rate EMI Max Loan Offered (Lacs)
Bank Best Rate EMI Loan Amount (lacs)
Tiger Nixon System Architect Edinburgh 61

Personal Details

Property Location
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Purpose of Loan
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Project Name
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Type of Property
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Name of Your Organization
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Total Work Experience
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Date of Birth
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Pan Card
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Email Id
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Property Locations
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Purpose of Loan
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Project Name
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Type of Property
select the property type
Property Agreement Value
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Turnover
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Name of Your Organization
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Date of Incorporation
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Constitution
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Email Id
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Pan Card
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Complete

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You are very important to us, all information received will always remain confidential. Our expert will contact you within next 24hrs with the best offers available.

About unapproved

Unapproved properties are those which are not a part of the city master plan regulations. Buying and selling of property in these unapproved colonies is usually carried out by General Power of Attorney (GPA) and not registered conveyance deeds. Most formal lending partners do not fund unapproved properties because of lack of clear title documents. LoanAdda specialises in plot purchase or construction of property in unapproved colonies. Plot loans are usually not available in unapproved properties.

Things to know

Available for Consutruction of independent flat or house
Service Area Pan India
Rate of Interest Home Loan- 12%-14%
Loan Against Property- 15%- 18%
Processing Fee 2% - 3%
Financial Institutions Non-Banking Finance Companies & Housing Finance Institution
Documents Valid Income documents

Documents Required For Unapproved

Most banks follow the same general rules in terms of document requirement. There may be a few changes in certain cases, in which case, our loan officers will guide you personally to complete the documentation process. Salaried individuals.

1. Form 16 of last 2 years or Income Tax Returns.

2. Salary slips of last 3 months.

3. Last 6 months bank statement reflecting salary credits.

4. ID/ Age Proof - PAN Card/ Passport/ Signature Proof/ Aadhar Card and Residence Proof – Passport/      Utility bills/ Bank Statements.

5. Cheque of Processing Fee.

1. Proof of Business - Shop and Establishment Certificate/ Vat Registration Certificate/ Service Tax      Certificate.

2. Last 3 years IT tax returns with profit and loss account and balance sheet duly audited by CA.

3. Existing Loans’ Sanction letters accompanied with repayment track.

4. Business profile on the letterhead of the company.

5. ID/ Age Proof - PAN Card/ Passport/ Signature Proof/ Aadhar Card and Residence Proof – Passport/      Utility bills/ Bank Statements.

6. Cheque of Processing Fee.

1. Age proof of all the partners in the form of PAN Card, Passport or Aadar Card.

2. PAN Card of the company.

3. Residence proof of all the partners – Utility Bills/ Passport/Bank statement/ Registered rent      agreement.

4. Proof of Business - Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax      Certificate.

5. Latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA.

6. Latest 12 months bank statement of the Company and of the Partners’ Savings Bank Account.

7. Existing Loans' Sanction letters accompanied with repayment track.

8. Business profile on the letterhead of the company.

9. ID/ Age Proof - PAN Card/ Passport/ Signature Proof/ Aadhar Card and Residence Proof – Passport/      Utility bills/ Bank Statements.

10. Cheque of Processing Fee.

1. Application form duly filled with photographs of directors.

2. Age Proof of Directors - PAN Card, Aadhar Card, passport.

3. Residence Proof of Directors - Utility Bills/ Passport/Bank statement/ Registered rent agreement.

4. PAN Card of Company.

5. Education Qualification - A professional qualification certificate in case of Doctors/CA/Architects.

6. Proof of Business - Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax      Certificate.

7. MOA, AOA, List Of Directors, Share Holding Pattern of the Company.

8. Last 3 years IT returns with Profit and Loss account and balance sheet duly audited by CA.

9. Latest 12 months bank statement of Company of all current accounts and the same for Director’s      Savings Bank Account.

10. Existing Loans’ sanction letter with repayment track of company and Individual Directors.

11. Business Profile on the Letter Head of the Company.

12. ID/ Age Proof - PAN Card/ Passport/ Signature Proof/ Aadhar Card and Residence Proof –         Passport/ Utility bills/ Bank Statements.

13. Cheque of Processing Fee.

1. Occupancy Certificate.

2. Approved Plan of building.

3. Share certificate copy.

4. Past 13 years Chain of deeds.

5. Nil Encumbrance Certificate - EC (if applicable).

6. Current Sale agreement/ Draft Agreement to sell.

Eligibility Criteria

Documents required for Guarantor:

Your eligibility for Home Loan is determined by the following factors:-

Income/ Other Income

Age

Qualification

Property value

No of dependents

Bank Balance

Assets/Liabilities