Home Loans – Eligible & Non-Eligible

This topic contains 0 replies, has 1 voice, and was last updated by  guidetoproperty 2 years, 8 months ago.

  • Author
    Posts
  • #584

    guidetoproperty
    Keymaster

    Eligible

    • A major (more than 18yrs of age) Resident/Non-Resident Indian
    • Minimum qualification of SSLC/SSC/10th Std.
    • Having regular, stable, continuous and futuristic Income
    • Income from confirmed employment with minimum 3yrs of service, established profession/business since 3-5yrs

    Non-Eligible

    • Normally Agriculturists are not eligible
    • People with only Investment income, pension and rental income
    • Informal employees/seasonal employees
    • Petty shop keepers, small time business people without recorded income
    • However eligibility depends on credit norms of particular Banks/HFC

The forum ‘Guide To Property’ is closed to new topics and replies.