Home Loan in Nashik: Overview
Nashik is among Maharashtra’s top three industrial hubs after Mumbai and Pune. Some of the world’s and the country’s biggest companies have set up their industries in Nashik, making it a city brimming with opportunities.
If you are planning to own a home in Nashik, you can consider availing of a Home Loan with us at a competitive interest rate and flexible repayment tenor.
Home Loan in Nashik: Features and Benefits
Refinance Your Existing Loan
Transfer your existing Home Loan balance to us and benefit from cost-effective terms. While doing so, you can also avail of aTop-up Loan to meet your housing requirements.
Basic Paperwork
Availing of a Home Loan with us does not require any complex documentation. You need to submit documents related to your income and KYC details, among others.
Digitally Accessible Account
With access to our 24x7 online customer portal, you can conveniently check your loan-related information. It has details pertaining to your repayment schedule, rate of interest, and interest certificate.
Convenient Calculators
You can check the Home Loan amount you can qualify for by using our Home Loan Eligibility Calculator. The EMI calculator will assist you in determining your monthly EMIs. There are other calculators as well to help you plan balance transfer and part-prepayment.
Flexible Repayment Tenor
Our Home Loans come with a comfortable repayment tenor that goes up to 40 years, making EMIs manageable.
Nil Prepayment and Foreclosure Charges
Individual borrowers with floating Home Loan interest rates do not have to pay any extra charges if they wish to part-prepay or foreclose their Home Loan.
Home Loan in Nashik: Documents Required
We require only a few documents to process your Home Loan. You need to submit the following:
- Mandatory documents such as PAN Card or Form 60
- KYC documents (including ID and address proof)
- Income documents (latest salary slips for salaried applicants and business vintage proof and P&L statement for self-employed applicants)
- Bank account statements of the last 6 months
- Passport-sized photograph
- Property papers such as Sale Agreement and Title Deed
Note: This list of documents is indicative, and you may be required to submit others during your application, if needed.
Home Loan in Nashik: Eligibility Criteria
Meet the following parameters to avail of a Home Loan in Nashik:
| Eligibility Criteria | For Salaried | For Self-Employed |
|---|---|---|
| Nationality | Indians (including NRIs) | Indians (residents) |
| Age | 23 to 75 years** | 25 to 70 years** |
| Work experience/business continuity | 3 years or more | 5 years or more |
| Income | Employed with a stable source of income from a private, public, or a multinational organisation | Showcase stable revenue from the current business enterprise |
**The upper age limit is considered as the age at the time of loan maturity. Additionally, the upper age limit for applicants is subject to change, depending on the property profile.
Home Loan in Nashik: How to Apply
Our Home Loan application process is hassle-free. Before applying for a Home Loan, you can use the eligibility calculator to check your loan eligibility and the EMI calculator to check your EMIs.
- Visit our Home Loan application form.
- Enter your personal details such as your name and mobile number.
- Select the type of loan and enter your net monthly income.
- Enter the PIN code and the loan amount you require.
- Proceed to generate the OTP and enter it.
- Next, fill in the required details and submit the application form.
Once you have submitted all the details, our representative will assist you with the further process.
*Terms and conditions apply.
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