| 17th November 2015 12:10 PM | |
| Saksham | Re: Syndicate Bank Home Loan Eligibility Friend fro your help , Here I am sharing information for Home Loan from Syndicate Bank : Eligibility Required for Housing loan of Syndicate Bank: • Residents Indians, NRI, Pensioners • Self Employed/Business class in a business from minimum period of 5 years . • Individuals not owning a house/flat at the place of work / business / profession having sufficient and regular income . • NRIs holding Indian passport, persons of Indian origin, residents outside India, with adequate repayment capacity . • Applicant should be a major and not more than 55 years of age. • For salaried class, applicant should have completed 5 years of service and the remaining • period of service left shall not be less than 5 years. • Loan to third house is not permitted. Latest Interest Rates: Housing Loan Scheme under Floating Interest Option Rate of interest: 10.00% for all loan amount & Tenure Fixed Rate of Interest: 10.75%pa, subject to reset clause . Nivas Plus Housing Scheme – 13.25% p.a Maximum of 72 months gross salary (including salary of spouse) Maximum of 6 times average annual income based on Income Tax Assessment Order/IT returns for the past 3 years. Income/salary of spouse/father/mother/son/daughter with the applicant can also be considered. Margin : Loans up to `20.00 lakhs – 10% Loans above `20.00 lakhs and up to `75.00 lakhs – 20% Loans above `75.00 lakhs – 25% Home Loan Documentation: • Signed application, photographs affixed • Identity Proof: Passport/ Voter ID/ PAN Card • Income Proof • Tax Proof • Employment Proof |
| 17th November 2015 12:01 PM | |
| Unregistered | Syndicate Bank Home Loan Eligibility Hii guys , My friend want to apply for Home Loan from Syndicate Bank , So will you please provide me Eligibility and Other Required information ? |
