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What are the things to keep in mind while buying a flat in India?  

Posts: 3
New Member
Joined: 2 months ago

Hi, I'm working in an MNC company and my Salary is around 3Lakh per annum,  looking 2bhk apartment near Avadi budget is Around 40Lakhs , May I know how much I can get a home loan?

1 Reply
Dinesh R K
Posts: 37
Joined: 2 months ago

Maximum every Banks are offering for Home loan for a Minimum Salary of 25000 per month. And the Maximum Home loan for this present Salary is about 80%, since the property cost is above 30 lakhs. And based upon your salary we can give home loan for 80% for sure in any Centralised Bank. And we will also arrange for you the loan process.

Some of the documents required for Home loan,

  1. Photo Identity Proof.
  2. Residence Address Proof.
  3. Residence Ownership Proof.
  4. Income Proof.
  5. Job Continuity Proof.
  6. Bank Statement.
  7. Investment Proof.
  8. 1 passport size color photograph.
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