IndusInd Bank Home Loan in Indore

Last Updated : April 8, 2017, 5:53 p.m.

About IndusInd Bank Home Loan in Indore

IndusInd bank was set up in the year 1994. It is the new generation bank which offers the best products and services to the people in the country. The main aim of the bank is to make the maximum use of the technology. The home loan offered by the banks one of the best as it offers the affordable rates. The home loan in the city like Indore where the rates of the property are on the hike can be an expensive affair. So, the home loan is the financial solution that can help you realize the dream to have a space of your own.

IndusInd Bank Home Loan in Indore 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 Indore .

Address of IndusInd Bank Branches in Indore