Home loan rates of interest and costs by sort of home

Home loan rates of interest and costs by sort of home

Rates of interest, LTV and processing charge can vary by form of home. The after table contrasted the important thing terms of varied kinds of home loan provides by kind of home.

Style of properties and conditions Industrial Property Commercial Property household Property
rate of interest 10.85percent – 13.35% 9.50% – 15.15% 8.70% – 15.15%
Loan to value (LTV) 40% – 65% 40% – 75% 40% – 75%
Processing cost 0.20% – 1.00% 0.20percent – 2.00% 0.20percent – 2.00%
earnings Proof for Salaried half a year payslip, ITR of final a couple of years, a couple of years Form 16, six months bank declaration salary that is showing half a year payslip, ITR of final a couple of years, 24 months Form 16, a few months bank declaration showing income credit half a year payslip, ITR of final a couple of years, a couple of years Form 16, half a year bank declaration showing income credit
earnings proof for Self employed ITR of final 36 months, VAT/ solution tax enrollment, company target evidence, economic statements certified by CA, content of partnership deed and evidence of company find links presence and business profile ITR of final three years, VAT/ solution tax enrollment, company target evidence, monetary statements certified by CA, content of partnership deed and evidence of company presence and business profile ITR of final three years, VAT/ solution taxation enrollment, company target evidence, monetary statements certified by CA, content of partnership deed and proof company presence and business profile
FOIR 0.65 0.65 0.55 – 0.65
CIBIL 650 and more 650 and much more 650 and much more

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