Home Loan in Mumbai Apply Online @8.0%

Are you planning to buy a dream home? Is money an issue? In Mumbai, many don’t own a property will full money; most of them make use of the home loan options to own a dream home and the loan EMI will be paid on a monthly basis just as rent payment. If you are looking to take the same route to own a house, we recommend it as a smart option as you can claim tax exemptions on the interest of your home loan.

Many people who wish to apply for a home loan finds it very difficult to run to different banks to check and compare the rate of interest, processing fees and other such information. However, now with the help of Finance Buddha getting a home loan is pretty easily and quick. Irrespective of whether you live in Mumbai or not, you can still purchase a home in Mumbai with a home loan from a bank located in Mumbai.

Though every bank’s eligibility requirements are different, the below list will help you get the overall information with regard to eligibility factors of a home loan in Mumbai.

Unless the sufficient documents are furnished by the applicant, no bank will be ready to approve a home loan. These documents are essential for a bank to check the validity of the applicant.

• Full Filled Application form of Home loan
• 3 passport size photographs
• Proof of identification: Electoral ID Card / Passport / Driving License / PAN card.
• Proof of residence: Electoral ID Card / Passport / Electricity Bill / Telephone Bill.
• Proof business address, in case of non- salaried borrowers
• Statement of bank account for the last six months
• Signature identification from present bankers
• Personal Assets and Liabilities Statements in Bank’s standard format.
• Brief write up of securities charged in respect of other loans availed from our Bank/other
• Banks/ Auto & Housing Loan Companies /other sources.