Loan Facility

Propsalah assists you in getting your dream home through loan services. Throughout the country, home loans facility has made it easy for people to buy properties by providing the necessary finance. As loans offer an easy repayment plan, most people opt to buy a home through a home loan. Our home loan services enable you to get a loan at attractive interest rates and quick approval period. We have tied up with reputed banks and financers, which makes getting a loan fast. Our staff assists in the requisite paperwork that needs to be presented to get a loan. People who buy home through us can get a home loan faster as we will recommend them to the bank.

Common Documents Required

• Complete Home Loan Application Form with one passport size photograph.
• Photo Identity Proof: Passport / Driving License / Voter ID / PAN /Adhar Card
• Residence Address Proof: License / Registered Rent Agreement / Utility Bill
• Residence Ownership Proof: Sale deed or rental agreement
• Income Proof: salary slip, bank statement and Form 16
• Job Continuity Proof: Appointment letter at employment and validation letter from HR
• Bank Statement: Past 6 months’ document
• Property Documents: Sale deed, Katha, transfer of ownership.
• Advance Processing Cheque: A cancelled cheque for validation of bank account.
• Financial Documents:-
• For Salaried Individual: 3-month salary slip, Form 16 and bank statement
• For Self-Employed Individual: IT returns for the last 2 years along with computation of income tax for the past 2 years certified by a Chartered accountant
• For Self-Employed Non- Professionals: IT returns for the last 3 years along with computation of income tax for the past 2 years certified by a Chartered accountant.

Additional Documents For Self Employed

• Identity Proof: Passport / Driving License / Voter ID / PAN /Adhar Card
• Address Proof: License / Registered Rent Agreement / Utility Bill.
• Office Address Proof: Property Documents, Utility Bill.
• Office Ownership Proof: Property Documents, Utility Bill, Maintenance Bill.
• Business Existence Proof: 3 years old Saral Copy, the Company Registration license, Shop Establishment Act.
• Income Proof: Latest 3 years Income Tax Returns including Computation of Income, Profit & Loss Account, Audit Report, Balance Sheet, etc.
• Bank Statement: Past 1-year bank statement.
• 1-passport size colour photograph.

Additional Documents For Employed

• Loan Form: Bank loan application form to be filled with passport size photographs affixed
• Address Proof: Leave and License / Registered Rent Agreement / Utility Bill (up to 3 months old), Passport
• Identity Proof: Passport / Driving License / Voter ID / PAN /Adhar Card
• Income Proof: 3-month payslips, 2 years Form 16, Copy of Income Tax PAN
• Bank Statement: 6 months bank statement that shows salary from the employer and any EMI paid for outstanding debit.