Commerical + residential purchase loan

  • What is Commercial + Residential purchase Loan?
  • You can apply individually or jointly for the loan. All proposed owners of the property will have to be co-applicants. However, all co-applicants need not be co-owners. Generally co-applicants are close family members.

  • Features
    • Low Interest Rates
    • Low Processing Fees
    • No Hidden Charges
    • No Pre Payment Penalty
    • Interest on daily reducing Balance
    • Home Loan Available as Overdraft
    • Interest Concession for Women Borrowers

  • KYC Documents
  • ID & Address Proof (Any One Required)

    • 1. PAN card (Mandatory, if income is considered for loan eligibility calculation)
    • 2. Valid Passport
    • 3. Voter ID card
    • 4. Driving license
    • 5. Aadhar Card

    Residence Proof (Any One Required))

    • 1. Utility Bill: Electricity, Telephone, Postpaid mobile, water bill etc.
    • 2. Ration card
    • 3. Letter from employer
    • 4. Bank statement /copy of Pass book reflecting address
    • 5. Valid Rent Agreement
    • 6. Sale Deed

  • Income Documents
  • Salaried Individuals

    • 1. Salary slips for the last 2 months or salary certificate*
    • 2. Cash Salary – Income details on Company Letterhead
    • 3. Copy of bank statements for the past 3 months (salary account)
      *If variable components like over time and incentives are reflected, then salary slips for the past 6 months are required.

    Self-Employed Professional

    • 1. Certificate of qualification for professionals : CA, Doctors or Architects
    • 2. Copy of last two years’ income tax returns, along with computation of income
    • 3. Copy of last two years’ P/L account with all schedules and audited balance sheet, wherever applicable.
    • 4.VAT or Service Tax returns or TDS Certificate
    • 5. Bank statement for the last 6 months (Savings account, current account and O/D account)

    Self-Employed Non Professionals

    • 1. Copy of your last two years’ income tax returns, along with computation of income
    • 2. Copy of last two years’ P/L account with all schedules and audited balance sheet, wherever applicable
    • 3.VAT or Service Tax returns or TDS Certificate
    • 4. Bank statement for the last 6 months (Savings account, current account and O/D account)

  • Property Documents
  • Self-Employed Non Professionals

    • 1. Allotment letter from builder
    • 2. Agreement of Sale
    • 3. Registration and stamp duty receipt
    • 4. ndex- ii
    • 5. NOC from builder
    • 6. Own Contribution Receipt (OCR )
    • 7. All builder linked documents (Applicable for cases which are not approved or previously not funded by DHFL)
    • 8. Tripartite Agreement
    • 9. Partnership Deed
    • 10. Sale Deed
    • 11. Title Search Report
    • 12. NA order

    Note: Original documents are required for verification purpose only