• Under section 80C of income tax act, you can take benefit by reducing your taxable income up to INR 150000 on principal amount which you paid during financial year.
• Under section of 24 of income tax act, you can take benefit by reducing your taxable income up to INR 200000 on Interest amount which you paid during financial year.

• A loan goes a long way in building and improving your credit history. So, when you make timely payment of your home loan EMIs, it has a positive effect on your CIBIL/credit score which improves your creditworthiness which will make it easy for you get approvals on future loan and credit card applications.

• Dream home should be the best. When you invest all your money in single thing then you have a restricted budget. In other case if you take home loan then it allows you to go beyond your set budget and opt for better property or home.

SALARIED

• Photograph of Applicant & Co-Applicant.
• PAN & Aadhaar Card of Applicant & Co-Applicant.
• Current Address Proof of Applicant & Co-Applicant.
• Last 6 Months Bank Statement of salaried account.
• Last 3 Months Salary Certificate / Slip.
• Form 16 / Form 26 AS and ITR of latest 2 year.
• Running Loan Obligation Details of applicant and co-Applicant, if any.
• Processing Fees Cheque.

SELF EMPLOYED

• Photograph of Applicant & Co-Applicant.
• Current Address Proof of Applicant & Co-Applicant.
• PAN Card of Applicant & Co-Applicant.
• Last 3 years personal ITR with Computation for the applicant and of the firm.
• Last 3 years Audited Balance Sheet for the applicant and of the firm.
• Last 1 year’s savings and current bank statement of applicant and current account statement of the firm.
• Existing loans track record.
• Term Loans details, if any.
• Processing Fees Cheque.

IMPORTANT NOTE

• All documents must be self-attested by applicant/co-applicant.
• It may please be noted that these are standard documents and we may ask for certain other documents if asked by the financial institution.