Chaitanya Developers has tied up with leading Banks to help home buyers. We understand that everyone's financing needs are unique. We are committed to providing you essential housing loan information. Getting a Home Loan is easier now…
Q.1: Who can get a Home Loan & how much?
A person can get 90% of the total property cost (including stamp duty & registration) based on individual financial credentials.
If salary is between Rs. 9000 & Rs. 25000 one can get 50 times of it.
If salary is Rs. 25000 & above, one can get 55 times of it.
Or up to loan where the emi is equivalent 55% of the take home
Q.2: How many days are required for the sanction of the Home Loan?
For salaried people, if the documents are ready, the loan can be sanctioned within 96
hours. For self employed, it would be 7 days.
Q.3: What documents required for getting a Home Loan?
Salary slip / certificate.
Identification Proof.
Address Proof.
Form 16 A.
6 Months' Bank Statement.
Processing fee cheque.
Q.4: What is the tenure for which the loan is available?
One can get a loan up to maximum period of 25 years.
Q.5: What are the steps involved in getting a Home Loan?
Submission of an application form along with relevant documents
Verification of the property & supporting documents
Sanction of the loan.
Submission of the original documents relating to the concerned property & signing the loan agreement
Disbursal of the loan Amount.