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A Checklist You Need to Submit While Going for Avail Home Loan

For every Indian working in India or out of India required his own home or shelter. you have all the required things but without your own house, you will like nothing. With the time real estate gone more costly, avail your own home is not an easy task you need to spend lots of money. if you want any kind of financial help you need to avail PNB housing home loan because it offers a low rate of the interest rate.

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Special About NRI Housing Loan?

if you are NRI the financial institution offers multiple benefits like low-cost EMI, flexible repayment, high loan amount, attractive floating rates of interest, and easy approval. if you are using a house loan calculator then you will get all the valuable information by a single click.

Eligibility Criteria for NRI Housing Loan:

The eligibility criteria of the NRI home loan are very simple full fill the give criteria and then go for apply NRI home loan.

  • You must be Indian and you have an Indian passport.

  • your status should be NRI.

  • You must have 1-year working experience in a foreign country.

  • Your age should not cross 70 on the year of loan maturity.

Documents Required for NRI Housing Loan?

I am going to share what are Documents required for NRI home loan.

  • Proper Filled-in application form along with a new photograph
  • Required Age Proof, identity, and residence proof
  • You need to submit the Latest Education degree certification
  • Copy of passport, PIO card, and work permit
  • Required latest 3 months' salary slips
  • Recent appointment letter
  • Required 2 years' income statement
  • 6 months' salary account statement
  • You have to submit a photocopy of Property documents
  • Cost estimate of the property under construction
  • Processing fee cheque

These are the checklist that you need to complete if you are going to avail housing loan quickly.