Home Loan

🔹 Features & Types of Home Loans

• Home Construction Loan
  Ideal if you own a plot and need funds to build your dream home. This loan covers construction and major repair work.

• Home Extension Loan
  Planning to add an extra floor, a room, or an annexe? This loan helps you extend your home effortlessly.

• Home Improvement Loan
  From modernizing interiors to repairing old fixtures or lighting systems—finance all home upgrades without hassle.

• NRI Home Loan
  If you’re a Non-Resident Indian with a desire to own property in India, this loan provides the perfect support. (Slightly different documentation process may apply.)

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✅ Home Loan Eligibility Criteria

We assess applications based on fair and transparent standards to ensure you’re on the right track from day one.

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📄 Documentation Required for Home Loan

For Salaried Individuals:

• Form 16

• Employee ID Card

• Last 3 Months’ Salary Slips

• 6 Months’ Bank Statement

• Proof of Employment Duration

For Self-Employed Individuals:

• PAN Card

• Trade/Professional Licenses

• Partnership Deed / MOA / AOA

• SEBI / ROC Registration Certificates

• Import Export Code (if applicable)

• Audited Financial Statements (P&L, Balance Sheet)

• Professional License (Doctors, Consultants, etc.)

• Establishment Registration (Shops, Factories, etc.)

• Business Address Proof

• 6 Months’ Bank Statement

For NRI Applicants:

• Proof of Income

• Valid Passport & Visa Copies

• Overseas Employment/Business Proof

• Property Documents:

  • Sale Deed, Agreement of Sale, Allotment Letter, NOC from Builder/Society

  • Possession Certificate, Land Tax Receipt, Occupancy Certificate

  • Construction Cost Estimate

  • Payment Receipts to Seller/Builder

  • Share Certificate (in case of resale)

 

💰 Fees & Charges for Home Loans

Particulars	Applicable Charges
Processing Fee	0.25% to 2% of the Loan Amount
Loan Cancellation Charges	Nil to 5% (depends on Bank/NBFC policy)
Stamp Duty Charges	As per property value & state regulations
Legal Fees	As per actuals
Penal Charges (Late Payment)	Up to 2% per month on overdue EMI
EMI / Cheque Bounce Charges	Approx. ₹500 per instance
Other Possible Charges	Documentation, verification, NOC issuance, statement reprints, and swap charges may apply

📞 Let’s Finance Your Dream Together

With personalized guidance, easy processing, and a trusted advisory experience, VISION ADVISORY/CONSULTING ensures that your journey to homeownership is smooth and stress-free.

👉 Apply Now or Contact Us today to speak with a home loan expert.