A home to call your own. That’s one of the biggest and most significant things in everyone’s life.Â
Choose the right home, opt for the housing loan that suits you best and you are settled for life. And remember, when you go for a housing loan, you stand to enjoy tax benefits too. All the more reason why you needn’t have second thoughts when applying for a housing loan, especially one with CSB!
CSB Home Loans - Interest Rates slashed
Home Loans now at 8.80%* p.a. for loans upto Rs 75 lakhs and 9.05%* p.a. for loans above Rs 75 lakhs.
(*Interest rates are subject to change Floating interest rate linked to 6 month's MCLR)
Affordable home loans from CSB with attractive features like:
- Quick processing.
- Simple documentation.
- Zero prepayment penalty.
- Loans for both residents & NRIs.
- More benefits with PMAY (Pradhan Mantri Awas Yojana)
Other Home Loan Products
- CSB Nivas Loan – For purchase of land and further construction within three years.
- CSB Home Plus Support – A personal loan product which is offered to home loan customers.
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| PARAMETERS |
RESIDENT INDIANS |
NON RESIDENT INDIANS |
|---|
| Eligible borrower |
Individuals or group of individuals |
NRIs on regular employment or established business with regular income |
| Purpose |
Construction / Repair/ Renovation/ Extension/ Purchase of land / Flat / House for residential accommodation. |
| Maximum Funding |
75 % of construction / purchase cost OR Loan Eligibility whichever is lower. |
| Tenure |
Upto 20 years |
Upto 15 years |
| Repayment holiday |
Maximum upto 12 months |
| Age ceiling |
1. Salaried – Superannuation
2. Others – 65 years
|
3. Salaried – Superannuation (max 60 years)
4. Others – 65 years
|
| Income Proof |
SALARIED
1. Latest salary slip / certificate
2. Latest IT Return / Form 16
3. Latest bank statement – 6 months
SELF EMPLOYED
1. Latest ITR with computation for the last 3 years & financials
2. Latest bank statement – 6 months
|
SALARIED
1. Latest salary slip OR certificate attested by Embassy / Employer along with operating international bank account wherein the salary is getting credited.
2. Employment Contract
  a.Valid work Permit
  b.Copy of Visa stamped on Passport with entry / exit seal.
  c.A brief profile of the employer
SELF EMPLOYED
1. Evidence of income (financials) duly attested by Sponsor
2. Operating international bank account and NRE Bank account statement for the last six months.
3. A brief profile of the business.
|
| Security |
Mortgage of land and building to be constructed / purchased. |
| Documents required |
1. Title deed, prior deeds and connected village & revenue records.
2. Estimate, approved plan and building permit required for construction loan.
3. Sale agreement is required for property purchase loan.
|
