Home Loan Lic-kottayam

The borrower's eligibility of getting a housing loan depend upon his/her repayment capacity & the banks establish this repayment capacity by considering various factors such income, spouse's income, age, number of dependants qualifications , assets, liabilities, stability and continuity of occupation and savings history. Calculate your Eligibility for Home loan Your Home Loan eligibility is determined by your repayment capacity, taking into consideration, factors such as: Your: • Income • Qualifications • Age • Spouse's income • No. of dependants • Stability and continuity of occupation • Assets/LiabilitiesM. • Savings history. The most important concern of banks in determining your loan eligibility is that whether or not you are contentedly able to pay off the amount you borrow.

Generally the documents required to processing your loan application are almost similar across all the banks; however they may differ with various banks depending upon specific requirement etc. Following documents are required by financial institutions to process the loan application:
· Age Proof
· Address Proof
· Income Proof of the applicant & co-applicant
· Last 6 months bank A/C statement
· Passport size photograph of the applicant & co-applicant

Salaried	Self Employed
· Employment certificate from the employer, · Copies of pay slips for last few months and TDS certificate · Latest Form 16 issued by employer Bank statements	· Copy of audited financial statements for the last 2 years · Copy of partnership deed if it is a partnership firm or copy of memorandum of association and articles of association if it is a company · Profit and loss account for the last few years · Income tax assessment order

The borrower's eligibility of getting a housing loan depend upon his/her repayment capacity & the banks establish this repayment capacity by considering various factors such income, spouse's income, age, number of dependants qualifications , assets, liabilities, stability and continuity of occupation and savings history. Calculate your Eligibility for Home loan Your Home Loan eligibility is determined by your repayment capacity, taking into consideration, factors such as: Your: • Income • Qualifications • Age • Spouse's income • No. of dependants • Stability and continuity of occupation • Assets/LiabilitiesM. • Savings history. The most important concern of banks in determining your loan eligibility is that whether or not you are contentedly able to pay off the amount you borrow.