Canara Bank Home Loan in Kolkata

Last Updated : May 5, 2018, 11:49 a.m.

About Canara Bank Home Loan in Kolkata

The home loan is the product provided by the banks to construct, buy, extend, and renovate the home or property. It gives the assistance to the people who want to fulfill the dream or requirement to own the home for themselves. There are different lenders who give the home loan to the people who require it. Canara bank is one of the lenders with the best competitive rates and comes with different other benefits and scheme that gives you several options to choose from to fulfill the requirements.

Canara Bank Home Loan in Kolkata 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)

To get more detailed information, visit Home Loan Kolkata .

Address of Canara Bank Branches in Kolkata