» Minimum net income of Rs.120,000 per annum
» The minimum age for loan sanction - is 24 years. Maximum age at loan maturity - 60 years or superannuation whichever is early
» Work experience of minimum 1 year at current job and 2 years of total experience. If the current job is less than 1 year, then 3 years of total experience required
Self-Employed Individuals and Professionals
» Minimum net annual income as per latest year ITR / Financials of Rs.150,000
» The minimum age for loan sanction - is 24 years. Maximum age at loan sanction - 65 years
» Business continuity of last three years in the same field
List of Financial Documents Required
» PAN Card - For Individual / Partnership Firm / Company
» Identity Proof - Anyone (e.g. Voter ID / Driving License / Passport / Aadhar Card)
» Address Proof - Anyone (e.g. Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed or Sale Agreement / Bank Statement)
» Business Continuity Proof - Any one document dated 5 years old (Bank Statement / Sales Tax Challans / IT Returns / Shops & Est. Certificate / Certificate of Incorporation / Partnership Deed)
» Passport Size Photographs of all applicants and co-applicants
» Any other valid Photo ID card issued by central or state government
List of Financial Documents Required For Salaried
» Last 2 years Income tax returns or Latest 3 month salary slip or Latest form 16 issued by the employer
List of Financial Documents Required For Self Employed Individuals
» Latest audited ITR and financials for the last 2 years (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules.)
» Bank statements from the borrower's main account/s for the last 6 months and 3 months of all other bank accounts mentioned in the balance sheet
