Canara Bank Home Loan in Gurugram

Last Updated : May 5, 2018, 11:47 a.m.

About Canara Bank Home Loan in Gurugram

Canara Bank is one of the oldest commercial banks whose priority is to deliver the best of the products and services to its customers. The home loan is one of the loan product which helps the borrower to make his dream to own the dream home come true. The loan can be used to construct, buy, extend or renovate the property or flats.

Canara Bank Home Loan in Gurugram at a glance

Eligibility Criteria

• The age of the applicant should be between 18 – 65 years.
• Salaried individuals with minimum 3 years experience.
• Business concerns, professionals and self-employed individuals working in the line of business/ profession for at least 3 years.
• The borrower should not be above the age of 55 years at the time of availing the loan.
• The borrower above 55 years can avail the loan subject to certain stipulations.

Documents Required

• Loan Application with 2 passport size photos of applicant/ guarantor
• Sale Deed
• Agreement for Sale
• Copy of the approved plan for the proposed construction/extension/addition
• Detailed cost estimate/evaluation report from Bank’s Panel Chartered Engineer/Architect
• Allotment letter of Co-operative Housing Society/ Apartment Owners’ Association/Housing Board/NOC from the Society/Association/Builders/Housing Board
• Legal Scrutiny Report, EC for the past 13 years, Property Tax paid receipt, Khata, and permission for mortgage, wherever necessary
• Salary Certificate and Form No.16 (in case of salaried persons)
• IT Returns filed for the past two years (in case of non-salaried persons)
• A brief note on the nature of business, year of establishment, type of organization, etc., (in case of self-employed)
• Balance Sheet and P&L Account for the past three years (in case of self-employed)

For more information, Click Home Loan Gurugram.

Address of Canara Bank Branches in Gurugram