You must be at least 21 years of age for the loan to be sanctioned. The loan must terminate before or when you turn 65 years of age. You must be self-employed with a regular source of income. The loan can be for the purchase / construction / extension of a non-residential property. A loan for renovation or improvement will be given only at the time of acquisition of property. Professionally qualified and self-employed individuals can apply. A minimum of 3 year's work experience is a must.

Documents required for applying for a home loan (for self-employed professionals and businessmen)

Age proof: PAN card, voters ID, passport, license
Xerox of Form no.16 A (TDS Form) from employer. Certificate in original from employer for any other allowances, which are not reflected in salary slip
Updated bank pass book / Xerox of statement of accounts for last 6 months
Xerox of your company's ID or ration card
Passport size photographs of applicant and co-applicant
Processing fees cheque
You may be asked to submit further legal documents if required by the bank or its approved lawyers. Retain photocopies of all the documents being
submitted by you.

Your loan will be disbursed after you identify and select the property that you are purchasing and submit the requisite legal documents. Each and every single document asked for will be verified and checked for your safety. This may take some time but we want to ensure a clear title by completing all the legal and technical verifications so that you have full rights to your home. The 230 A Clearance of the seller and / or 37I clearance from the appropriate income tax authorities (if applicable) is also needed. On satisfactory completion of the above, registration of the conveyance deed and investment of your own contribution, the loan amount (as warranted by the stage of construction) will be disbursed by Bank. The disbursement will be in favour of the builder/seller.

• Loan Agreements
• Disbursement Requests
• Post-dated cheques
• Personal guarantors documents, as the case may be