Eligibility Criteria
In our home loan service, you have to be eligible to take the home loan service. The first eligibility criteria to take home loan from us is your citizenship. You are eligible to get a home loan from us if you are a citizen of India or a person of Indian Origin. You have to get involved with any permanent profession. You have been in a profession like a businessman / salaried / self –employed. So the employment is necessary for taking a home loan. Now at the requirement of age, the preferable age for taking our home loan is above 21 Years. This age limit is mandatory for our process.
Amount of Loan
How much amount you will get a home loan it completely depends on your income or available assets to you.
Your loan eligibility will be determined by PNB HFL on the basis of your profession, age, qualification, number of dependent home member, co-applicants income, available assets, liabilities, stability, and continuity of occupation, saving and prior credit history. Further, the loan eligibility will also be dependent on the value of property selected by you.
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Co-Applicant Rule
In this rule, you can take an individual home loan from us or with any applicants.
In our individual home loan service, you can take a home loan on your own name and there no need for any co-applicants.
If you want to take a jointly home loan with other family members viz. father, mother, son and/or spouse, who have regular sources of income as co-applicants.
You can allow your siblings as your co-applicants, i.e. brother-sister, brother- brother, sister-sister can be permitted as an applicant’s /co-applicant’s subject. In this case, the property must be in the joint names of the siblings.
It is completely up to you that what type of home loan you want.
Time of Getting Loan
The most important question is how much time you will get your home loan? We are capable to give you a home loan in one month from your application date. So you will get this loan easily and there is no issue of delay.
Processing Fee
We do not take any charge for offering your home loan. But a processing fee is required for every process. In this case, also there is a processing fee. This fees will depend on how much amount of money you want to take a loan.
Repayment
You have returned our money as per installment basis. There is a time limit for returning the loan and that is up to 30 years.
We are one of the trusted home loan providers who can give you a home loan in a simple and easy way. So don’t worry about anything make your dream house in a smooth way.
