Banking Product

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Homeloan

Banking Product

The eligibility will be based on the credits and balances reflected in the bank statement over the course of one year. For business customers, both savings and current accounts—or even just one of these accounts will be considered to increase loan eligibility.

Eligibility is based on the banking transactions of the customer’s firm. Proprietorship, Partnership, LLP, and Ltd firms can apply for a loan based on their banking transactions.

For the loan, income will be considered for those whose income is based on Bank Statement, and the required documents are as follows.”

KYC Documents
1. Photo
2. Pan card
3. Aadhar card/Driving License/Voter card/Passport/Property Tax not older than 1 year/Allotment order from employer, NREGA Job card
Entity Income Proofs
Proprietorship
• Business profile on letter head
• Udyam certificate/ Laboure
• Latest one-year bank statement for the savings account or
• Latest one-year bank statement for the current account

Partnership
• Business profile on letter head
• Udyam certificate/ Laboure License/GST Certificate
• Firm Pan card
• Partnership Deed
• Resolution document
• Latest one-year bank statement for the savings account or
• Latest one-year bank statement for the current account

Limited Liability Partnership
• Business profile on letter head
• Udyam certificate/ Laboure License/GST Certificate
• Firm pan card
• Partnership Deed
• Resolution document
• Latest one-year bank statement for the savings account or
• Latest one-year bank statement for the current account

Private Limited
• Business profile on letter head
• Udyam certificate/GST Certificate
• Company Pan card
• MOM-Memorandum of Association
• AOA-Article of Association
• Board Resolution
• Registration certificate
• Latest one-year bank statement for the savings account. or
• Latest one-year bank statement for the current account
Co-Applicant KYC Documents
If the co-applicant's income is not considered for the loan, the required documents are as follows.
1. Photo
2. Pan card
3. Aadhar card/Driving License/Voter card/Passport/Property Tax not older than 1 year/Allotment order from employer, NREGA Job card.

Relationship Proof: Aadhar card/ Driving License/ Voter card/ Passport / Marriage certificate or Affidavit
Additional Income proofs
1. Rental income; One-year bank statement showing rental income credited, along with the Rental Agreement or Lease Agreement.
2. Interest form banks/NBFCs: Fixed Deposit (FD) certificate and a one-year bank statement showing interest credited.

Institutions We Deal With…