Frequently Asked Questions

Am I eligible for PMAY?

   If you are buying the first house for the family and your annual income is less than 18 lakhs then you will be eligible.

What is the Rate of Interest?

   Rate of Interest depends on the bank which offers the loan.

What are your charges?

  We charge zero from the customer, customer will pay everything to Bank.f Interest depends on the bank which offers the loan.

How many days it will take for processing?

  It will take 7 working days but if Project is huge it will take more time.

What is my eligibility of loan as per my Income?

  Based on your Finances we will calculate the eligibility.

What Percentage of loan will I get from the Loan Amount?

  75% to 90% Based on the Loan amount

 

Performance:

Loan Amount:   Percentage of Loan you get

0-30Lakh :   90%

30-75lakh:   80%

75 – unlimited :   75%

What are the Required Documents?

   List will be mailed to your ID.

Do I get Tax Benefits on the Loan?

   Yes, as per Government Norms.

Can I jointly apply with my Spouse?

   Yes, You need to submit the papers of both.

If I apply on my wife’s name will I get the loan with less Rate Of Interest?

   It depends on the Bank.

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