Home Loan in Ahmedabad

Eligibility Criteria for a Home Loan in Ahmedabad

The eligibility criteria for salaried and self-employed applicants is as follows:

For Salaried Applicants

• Should be an Indian (including NRIs)
• Should be employed in a private company, public sector, or a multinational organisation
• Should be aged between 23 years and 75 years**
• Should possess more than 3 years of work experience

For Self-Employed Applicants

• Should be an Indian (resident).
• Should have a business vintage of at least 5 years at their current enterprise
• Should be aged between 25 and 70 years**

**The upper age limit is considered as age at the time of loan maturity. Additionally, the upper age limit for applicants is subject to change, depending on the property profile.

Documents Required for a Housing Loan in Ahmedabad

The necessary documents required for salaried or self-employed applicants are as follows:

For Salaried Applicants

Eligible salaried applicants need to submit the following documents to legitimise their credentials:

• KYC documents
• Mandatory documents such as PAN Card or Form 60
• Latest salary slips or Form 60
• Recent passport-sized photos
• Past six months’ account statements

For Self-Employed Applicants

Eligible self-employed applicants need to submit the following documents to legitimise their credentials:

• KYC documents
• Mandatory documents such as PAN Card or Form 60
• P&L Statements and ITR documents
• Business vintage proof
• Recent passport-sized photos
• Previous six months’ account statements

Note: These lists are indicative. Additional documents may be needed during loan processing.