IndusInd Bank Home Loan in Chennai

Last Updated : May 5, 2018, 2:50 p.m.

About IndusInd Bank Home Loan in Chennai

The home loan is one of the products that is offered by the banks and NBFCs. It is one of the most important financial solutions for those who dreams of owning a house. There are several lenders who offer this facility. For all those who are aspiring to invest in the home, IndusInd bank home loan is one of the affordable options available. It gives many other features and benefits to the people. It gives other advantages like balance transfer option, simple documentation, transparency, no hidden charges etc.

IndusInd Bank Home Loan in Chennai at a glance

Eligibility Criteria

• The age of the applicant should be between 21 – 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

Documents Required

• Loan Application with passport size photograph of applicant/guarantor
• Identity proof- Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
• Residence proof- Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
• Signature proof- Passport/ PAN Card
• Processing fee cheque
• Detailed cost estimate/valuation 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
• Last 3 months Salary Certificate and Form No.16/ITR for last 3 years (in case of salaried persons)
• IT Returns filed for the past three years (in case of non-salaried persons)
• Educational qualification certificate and the Proof of business existence (in case of self-employed businessmen or professionals)
• Balance Sheet and P&L Account for the past three years (in case of self-employed businessmen or professionals)

To get more detailed information, visit Home Loan Chennai .

Address of IndusInd Bank Branches in Chennai