Let us help you invest in your future | Your first choice for monetary needs

+91 77100 43323
Borivali West, Mumbai - 400092
Home Loan
Home Loan

Buying a property and owning it is a status symbol and obviously everyone aspires to own an ideal home. While it may not be prudent to spend all your savings on purchase of a home, getting a Home Loan to meet a part of the cost would be the correct approach for your Home purchase and fulfillment of your cherished desire. We, at ICCSL provide Home Loans on reasonable terms.

Types of Home Loan:

Property loans are available from lenders for a number of different reasons in addition to purchasing a home. Here are some of the most common home loan types that are offered on the financial market.

1. Home Purchase Loans

Loan for the purchase of a new or resale home is the most common type of Home Loan. The eligibility criteria for Home Loan is as under

Home Purchase Loan Eligibility Requirements

Category Salaried Self-Employed
Age 25 to 65 Years 25 to 65 Years
Employment Minimum two years of experience Minimum three years of experience
Cibil Score 300 and above 300 and above
“No Matter Where You Are Financially, Quality Time Is Always Available And With Just A Bit Of Love And Creativity You Can Easily Create A Home”

Documents Required for Home Purchase Loan

The required paperwork for a home loan is listed below:

  • Proof of Age: Birth certificate, Std.10 marksheet
  • Proof of Address: Voter ID card, Aadhar Card, Utility Bills
  • Proof pf Income: Salary slip, Income Tax Returns (ITR) details
  • Identification proof: Permanent Account Number (PAN) card, Voter ID, Passport
  • Property related documents
  • Existing loan documents (Optional)
Home Purchase Loans

2. Balance Transfer Home Loans

This option is available where a person wishes to transfer his home loan from one institution to another for better terms offered by the other institution.

Balance Transfer Eligibility Requirements

Age Employment
25 to 65 years Salaried, Professionals, Non-Professionals, and Self Employed

Documents Required for Balance Transfer Home Loan

The required paperwork for a balance transfer is listed below:

  • Proof of Age: Birth certificate, Std.10 marksheet
  • Proof of Address: Voter ID card, Aadhar Card, Utility Bills
  • Proof pf Income: Salary slip, Income Tax Returns (ITR) details
  • Identification proof: Permanent Account Number (PAN) card, Voter ID, Passport
  • Property related documents
  • Existing loan documents (Optional)
Balance Transfer Home Loan

Benefits of Home Loan

  • Taxation: Benefits applicable under the Income Tax Act 1961 and modified from time to time by Government of India will be available to the beneficiary (person availing Home Loan)
  • Diligent Research: Banks examine the property from a legal stand point and therefore when you apply for Home Loan the documents and the title deed get validated and give an added comfort to the Home Loan seeker

Need Help?

Security Question -
What is 4 + 2 ?

Quick Contact

If you have any questions simply use the following contact details.