+91 (22) 6270 4900 About 5-7 days. (Subject to all relevant documents submitted by the applicant).
Category: Home Loan
What is the time required for disbursement of loans?
Usually loans are disbursed within 5-7 days after completion of verification by the institution, documentation (such as handing over of the original agreement for sale/ lodging receipt to the lender) and completion of all relevant procedures and only after proof that the borrowers own contribution has been paid by him to the vendor / builder […]
Do institutions accept joint loan applications?
Yes
What are the documents required at the time of making an application for a housing loan?
Photographs Proof of age (Passport / License / Voters ID) Proof of residence (Ration card / Tel / Electricity bill) Latest salary slip (proof of income for salaried individuals) Form 16 Bank statements for the previous six months. For self-employed, certified copies of balance sheet, profit and loss statement and tax “challans” / tax returns […]