Home lone Eligibility in India
1. if you are a salaried person
2. if you are good businessman
3. if you have good relation with bank
4. if you have a property lone against mortgage
then meet bank manger and talk about home lone.
Topic: Home Loan Eligibility (Read 474 times)
What is the eligibility criteria for getting a Home Loan?
It all depends on your income tax details , that how much income you are showing and how much tax you are paying it. If you are a salary person from reputed limited firm then you can get a home loan very soon according to your salary pay you will get loan. If you are a business man then you have to show the full details about your income and expenditure details.
Home Loan Eligibility simply means how much loan amount you can get for buying a home. Just because you are earning Rs 1 lac a month, does not mean that you can take a Rs 50 lacs loan. Its always based on a formula and is calculated based on some formula and logic,
There are several other kind of loans like Personal loans, Car Loan, Education loans – but out of all the loans, home loan is the biggest ticket size loan and takes longer to pay off.
There are several other kind of loans like Personal loans, Car Loan, Education loans – but out of all the loans, home loan is the biggest ticket size loan and takes longer to pay off.
Loan eligibility criteria differ for each bank or lenders. Approvals are based on borrowers
incomes, credit profiles and existing relationship with the banks. The main factors which
affect your Home Loan Eligibility are Age, Income, Rate of Interest, Loan Term, Outstanding
Loan, CIBIL Report.
To know more information, visit Home Loan Eligibility
incomes, credit profiles and existing relationship with the banks. The main factors which
affect your Home Loan Eligibility are Age, Income, Rate of Interest, Loan Term, Outstanding
Loan, CIBIL Report.
To know more information, visit Home Loan Eligibility
What is the eligibility criteria for getting a Home Loan?
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