Home Loan From Abhyudaya Bank

Hi buddy I need money to buy home and for the same I am looking for apply Home Loan From Abhyudaya Bank, so can you tell me about its loan condition??

[Shaleen]

As you asking I am telling Abhyudaya Bank grant home loan for following purpose:

Purchase of Flat (New or Resale)

Construction of House,

Extension to existing Flat / House

Takeover of Housing Loan from other Financial Institutions, etc.

Loan Amount
Maximum amount of Rs. 70.00 Lakh.

Eligibility condition
Any Individual (Businessman, Professional, Self- Employed, Salaried Person having Regular source of Income)

Property should be in the name of Applicant.


In case of joint Agreements in Housing Loans, the Purchasers (Owners) will be the Borrowers and hence there is no need for separate Co-Applicants.


Interest Rates:
a) Loans sanctioned upto & including Rs.25.00Lakh 10.25%



b) Loans sanctioned above Rs.25.00 Lakh and including Rs.50.00 Lakh 11.00%


c) Loans sanctioned above Rs.50.00 Lakh and upto Rs.70.00 Lakh. 12.00%

Document require
One must furnish the following documents in order to apply for this home loan.
Most recent photograph
Photo ID Proof
Copy of PAN Card
Proof of Residence (of applicant and guarantors)
Salaried Applicants:
Last 3 months salary slips
Bank statement for last 6 months
Form 16-A
Last 3 years IT Returns
Businessmen:
Financial statement for last 2 years
Title deed of the property.
Copy of Income Tax Returns and bank statement for the last 1 year.