NRI home loan Eligibility Criteria

Typically, NRI home loans The eligibility criteria are determined by several elements, including the applicant's age, monthly wage or company income, domicile, and so on.

Salaried Individual Eligibility Criteria

• Individuals must be between the ages of 18 and 60.
• A minimum of two years of work experience and one year of experience with the current organization are required.
• Nationality - Indian resident
• A minimum salary of 20,000 per month is required.

Self-Employed Individual Eligibility Criteria

• Individuals must be between the ages of 18 and 70.
• Minimum of three years in business
• The business should have a minimum annual turnover of Rs 450,000.

Documents Required

Individual

• Two Photographs
• Pan Card Copy
• Aadhar Card + Passport
• Address Proof If Rented Also Required Permanent Address Proof
• Last 3 Years Form -16, ITR With Computation Of Income If File
• Last 1 Year Bank Statement - Salary Account
• Loan Schedule & Sanction Letter (If Running)
• Complete Property Papers With Chain & Map +Ats
• Processing Fee Cheque In Favour Of the Bank
• Last 3 Months Salary Slip + Appointment Letter

Prop firm

• Photograph Both
• Pan Card Clear Copy Proprietor
• Address Proof (Pass Port, Voter Id Card) Proprietor
• Office Address Proof Latest (Electricity Bill, Telephone Bill)
• Firm Registration Certificates & GST Registration Copy
• Last 1 Year GST Return Copy
• Firm 3 Years ITR Computation, Profit Loss A/C, Balance-Sheet, Tax Audit Report, All Scheduled & Annexure
• Provisional Financial Ay 2023-24
• Bank Accounts (Current Account, Cc Account, Od Account Last 1 Year Updated)
• 6 Month Saving Account Statement Updated (Proprietor)
• If Running Any Loan Provide a Sanction Letter And Repayment Scheduled
• Agreement To Sell Copy
• Property Papers With Chain Sanction Map

Partnership Firm LLP

• Partnership Deed Copy
• GST Certificate
• GST Return Last 1 Year
• 3 Year Company ITR COI P/L A/C Balance sheet + Audit Report 3cb 3cd, All Annexures, Scheduled With C.A. Certified
• Provisional Financial Ay 2023-24
• 3 Year All Partner Individuals ITR + Computation
• Firm All A/C Bank Statement 1 Year Updated
• All Partner Saving A/C Statement 6 Month
• If Running Any Loan – Latest Sanction Letter + Track Records Or Repayment Scheduled
• Agreement To Sell Copy
• Property Papers Complete Chain With Map

PVT LTD

• All Director’s photograph
• Clear Pan Card - Company And All Directors
• Address Proof – Company And Directors
• List Of Director & Share Holder With Ca Certified As On Date
• Memorandum Order In Hand And Complete Copy (If Applicable)
• GST, Sale, Vat, And SSI Registration Certificate
• 1 Year GST Returns
• All Directors Individuals ITR & Computation Last 3 Years
• Last 3 Years Complete Financial With Tax Audit Report And Annexure
• Provisional Financial Fy 2023-24 Or Month Wise Sale Figure Last 1 Year
• Company All Bank Account Statement 1 Year Updated