Home Loan Eligibility Calculator

1 Home Loan Products

Explore our comprehensive range of financing solutions tailored to your needs

Home Purchase Loans

Finance your dream home with flexible terms and competitive rates for residential properties

Upto 90% LTV

Plot Loan

Finance the purchase of residential plots for future construction projects

Upto 75% LTV

Composite Loan

Combined financing for land purchase and construction in one single loan

Flexible Disbursement

Construction Loan

Staged disbursement for new construction with flexible payout schedules

Progress-based Payout

House Renovation

Upgrade and modernize your existing home with quick financing options

Quick Approval

Home Extension

Expand your living space by adding extra rooms or stories to your property

Increase Property Value

Top Up Loans

Borrow additional funds against your existing property at competitive rates

Instant Access to Funds

Loan Against Property

Get funds for any purpose by mortgaging your residential or commercial property

Any Purpose Funding

Balance Transfer

Switch to better rates and terms by transferring your existing home loan

Lower EMI & Better Terms

NRI Housing Loans

Special financing for Non-Resident Indians investing in Indian properties

Flexible Eligibility
Eligibility Criteria

2 Eligibility Criteria

Check if you meet our key requirements for home loan approval

18 – 70
Age Range
₹1.2L+
Min Annual Income
650+
Required CIBIL Score
30 Yrs
Max Tenure

Age-Based Eligibility

Age Group Loan Tenure Repayment Conditions
18-30 years Up to 30 years Most flexible with longer tenures for lower EMI
31-45 years Up to 25-30 years Standard terms with balanced EMI
46-60 years Up to 20 years Shorter tenure, higher EMI expectations
60-70 years Up to 15 years Stricter limits & higher rates possible

Minimum Income Requirements

Salaried Individuals:
Minimum Annual Income: ₹1,20,000
Preferred Monthly Income: ₹15,000 – ₹25,000+
Minimum Employment History: 2 Years
Self-Employed / Business Owners:
Minimum Annual Business Income: ₹2,00,000
Minimum Business Continuity: 2-3 Years

Credit Score Requirements

750+ : Excellent – Best rates & highest loan amount
700-749 : Good – Competitive rates
650-699 : Average – Approval possible with rate premium
No Credit History : Considered with co-applicant

Key Eligibility Metrics

LTV Ratio: Banks fund 75% – 90% of property value.
You must contribute 10% – 25% as down payment.
FOIR: Total EMI obligations should not exceed 50-60% of monthly income.
Pro Tip: CIBIL 750+ + Low Debt Ratio = Better Interest Rate.
Personal Documents Required

6 Personal Documents Required

Complete document checklist for all applicant categories

💼 Salaried Employees Documents

All required documents for salaried employees in private/public organizations

Company ID / Employee Card

Current employee identification from your organization

✓ Must be valid & current
✓ Shows employer name & employee details
Appointment/Experience Letter

From current employer showing designation, date of joining, and CTC

✓ On company letterhead
✓ Dated within last 3 months
Last 3 Months Salary Slips

Recent payslips showing salary, deductions, and net income

✓ Must show monthly salary
✓ Bank account transfer details
6 Months Bank Statements

Bank statements showing salary credits and all transactions

✓ All pages with statement header
✓ Clear salary deposits visible
Form 16 (Last 2 Years)

Income tax withholding certificate from employer

✓ Complete with Part A & B
✓ Signed by employer & CA
ITR Acknowledgment (2 Years)

Income tax return filed with income tax department

✓ Complete ITR with annexures
✓ Bank statement attached
Form 26AS (2 Years)

Tax assessment details from Income Tax portal

✓ Download from e-filing portal
✓ Shows TDS credit
Previous Employer Letter

Experience letter from previous employer (if experience < 3 years in current job)

✓ Shows tenure & designation
✓ Company letterhead & stamp
📌 Additional Notes for Salaried Employees:

• If you have 2+ consecutive annual bonuses, average bonus can be considered

• If you have housing rent receipts, can strengthen your application

• If you changed jobs recently, a relieving letter from previous employer is required

• Fresh employees (< 6 months) may need educational certificates for verification

🏢 Self-Employed Professionals Documents

All required documents for CA, Doctor, Engineer, Lawyer, Architect, etc.

Professional Certificate

License/degree in your profession (CA, MBBS, B.Tech, etc.)

✓ Copy of degree certificate
✓ Valid & recognized qualification
Professional Registration Certificate

Registration with relevant professional body (ICAI, IMC, IEI, Bar Council, etc.)

✓ Current registration active
✓ Council/Board certificate copy
Practice Registration / License

Clinic/office registration or business license

✓ Valid & current license
✓ Shows practice address
Office Address Proof

Lease agreement or ownership proof of clinic/office

✓ Registered lease deed
✓ Utility bill in professional name
ITR (Last 3 Years)

Complete income tax returns showing professional income

✓ All schedules & annexures
✓ Showing consistent income
CA Certified Income Certificate

Certification of income by Chartered Accountant

✓ For current financial year
✓ CA’s PAN mentioned
Last 12 Months Bank Statements

Professional account statements showing regular income

✓ All pages with account details
✓ Showing professional deposits
Last 6 Months Personal Account Statements

Personal savings account showing financial stability

✓ Regular deposits/balance
✓ No frequent withdrawals
Profit & Loss Statement (2-3 Years)

CA certified P&L showing business profitability

✓ Minimum 10-15% profit margin
✓ CA stamp & signature
GST Registration (if applicable)

GST registration certificate if business turnover is above threshold

✓ Valid GST certificate
✓ Last 6 months GST returns
📌 Additional Notes for Self-Employed Professionals:

Minimum practice duration: 2-3 years of professional practice required

Income consistency: Show consistent or growing income trend

Client references: May be asked for professional client lists

Practice location: Registered/known practice location required

👨‍💼 Business Owners Documents

All required documents for proprietary, partnership, and company business owners

Business Registration Certificate

Incorporation or partnership deed registration

✓ Original registration document
✓ Shows business structure
Business License

License from municipal corporation or relevant authority

✓ Valid & current license
✓ Shows business type & location
GST Certificate

GST registration certificate (if applicable)

✓ Valid GST registration
✓ Last 6 months GST returns
PAN Certificate

Business PAN certificate issued by tax department

✓ Valid PAN certificate
✓ Not suspended/cancelled
Partnership Deed

For partnership firms – registered partnership deed

✓ All partners’ signatures
✓ Registered with registrar
MOA & AOA

For private/public companies – Memorandum & Articles of Association

✓ Current version
✓ Director signatures visible
Board Resolution

Board approval for loan application (for companies)

✓ Company board meeting minutes
✓ Director signatures
ITR (Last 3 Years)

Complete business income tax returns

✓ All schedules attached
✓ Auditor’s report included
Audited Balance Sheet (3 Years)

CA certified financial statements

✓ Auditor’s report
✓ CA stamp & signature
Profit & Loss Account (3 Years)

CA certified P&L statements

✓ Minimum 10-15% net profit
✓ Auditor certified
Cash Flow Statement

Business cash flow showing liquidity

✓ Positive cash position
✓ CA certified
Last 12 Months Business Bank Statements

All pages of business bank account statements

✓ All transactions clear
✓ Regular business deposits
Last 6 Months Personal Bank Statements

Personal account showing personal financial position

✓ Regular balance maintained
✓ No defaulted cheques
Business Address Proof

Ownership deed or registered lease agreement

✓ Latest electricity/water bill
✓ Trade mark/shop certificate
Import/Export Code (if applicable)

IEC registration for import/export businesses

✓ Valid IEC certificate
✓ Shows business scale
TDS Certificate (Form 16A)

TDS certificates received if applicable

✓ Latest certificates
✓ Shows business payments
📌 Additional Notes for Business Owners:

Minimum business duration: 2-3 years documented history required

Profit consistency: Minimum 10-15% profit margin preferred

Business references: May require customer/supplier verification

Inventory valuation: For trading/manufacturing, current inventory value required

🌍 NRI (Non-Resident Indians) Documents

Additional documents required for NRI applicants purchasing property in India

Passport Copy

Valid passport showing NRI status

✓ Valid for minimum 6 months
✓ All pages clear photocopy
Visa/Travel Document

Visa or travel document showing residency status

✓ Valid visa copy
✓ Showing country of residence
NRE Bank Account Statement

NRE (Non-Resident External) account statements

✓ Last 12 months statements
✓ Showing regular deposits
Employer’s Letter (Foreign)

Letter from foreign employer showing employment details

✓ On company letterhead
✓ Dated within 3 months
Salary Slips (Foreign)

Last 3 months salary slips from foreign employer

✓ In English or translated
✓ Clear salary details
ITR (India) – Last 2 Years

Indian income tax returns if filing in India

✓ Shows NRI income declaration
✓ Bank statement attached
Foreign Tax Return

Income tax return in country of residence

✓ Official tax return
✓ Translated to English
Reference Letter from Foreign Bank

Solvency/reference letter from foreign bank

✓ Bank letterhead
✓ Recent (< 6 months)
Remittance Certificate

From RBI/authorized dealer showing foreign funds remitted

✓ Form 15CA/15CB
✓ For funds brought to India
Property Registration Consent

RBI permission/consent to purchase property

✓ If required by regulations
✓ Valid authorization
PAN Card

PAN card (if obtained) or PAN application proof

✓ Valid PAN copy
✓ Or PAN request status
Co-Applicant Documentation

If co-applicant is resident Indian, all resident documents

✓ All salaried/business docs
✓ Identity & address proof
📌 Important Notes for NRI Applicants:

Currency conversion: Foreign income converted to INR at current RBI rates

Funds source: Must show legitimate source of funds for down payment

Co-applicant: Having resident Indian co-applicant (spouse/parent) strengthens application

Power of Attorney: If not visiting India, notarized POA may be required

Loan transfer: Some banks allow conversion to resident loan after return to India

📋 Common Documents (All Applicants)

Essential documents required from all applicant types

Identity Proof Documents

PAN Card

Permanent Account Number card from Income Tax Department

✓ Original & photocopy
✓ Must be current
Aadhaar Card

UIDAI issued identity card with photograph

✓ Both sides photocopy
✓ Valid & current
Voter ID Card

Election Commission issued identity document

✓ Photocopy
✓ With photograph
Passport

Valid passport with photograph

✓ Both sides photocopy
✓ Valid for 6+ months
Driving License

Valid driving license with photograph

✓ Both sides photocopy
✓ Current & not suspended

Address Proof Documents

Electricity/Utility Bill

Recent electricity or water bill showing current address

✓ Not older than 3 months
✓ In applicant’s name
Telephone Bill

Landline or broadband bill with current address

✓ Recent bill
✓ Shows applicant name & address
Rental Agreement

Registered rental agreement for current residence

✓ Registered with municipality
✓ Applicant as tenant
Property Ownership Deed

If you own current residence

✓ Registered property deed
✓ Applicant as owner
Insurance Policy

Health or vehicle insurance with current address

✓ Policy active & current
✓ Shows address

Financial & Legal Documents

Bank Account Details

Bank account information for salary/income deposits

✓ Active account
✓ Minimum 6 months old
Affidavit

Self-declaration affidavit for personal information verification

✓ Notarized affidavit
✓ On stamp paper (as per state)
No Objection Certificate

If spouse/family member’s consent needed (if applicable)

✓ Notarized NOC
✓ Spouse signature if required
Divorce/Separation Deed

If previously married (if applicable)

✓ Court certified copy
✓ Shows final settlement
Marriage Certificate

If married, government issued marriage certificate

✓ Certified copy
✓ Both names on certificate

Co-Applicant Documents

Co-Applicant Income Proof

All income documents as per co-applicant’s category

✓ Same as main applicant
✓ Latest 6 months
Co-Applicant Identity Proof

Valid identity document for co-applicant

✓ PAN/Aadhaar/Passport
✓ Clear photocopy
Co-Applicant Address Proof

Recent utility bill or rental agreement

✓ In co-applicant name
✓ Recent (< 3 months)
Co-Applicant Bank Statements

Last 6 months personal account statements

✓ All pages
✓ Clear transactions
📌 Document Submission Important Tips:

Get certified copies: Get all documents notarized or bank-certified

Recent documents: Most documents should be less than 6 months old

Clear photocopies: All copies should be clear and readable

Original verification: Banks will verify originals at final stage

Document organization: Keep documents organized in chronological order

Digital copies: Keep PDF copies for faster submission if needed

Translation: Foreign language documents must be officially translated to English
Property Documents Required | Lasya Sri

7 Property Documents Required

Complete checklist of property documents required for home loan approval

Property Ownership Documents

Sale Deed / Purchase Agreement

Primary document showing property ownership transfer.

Registered sale deed
All pages with stamps
Signatures of all parties
Registered Lease Deed

For leasehold properties – registered lease agreement.

Registered with sub-registrar
Shows lessor & lessee
Lease period & conditions
Gift Deed

If property acquired by gift.

Notarized & registered
Donor & donee names
Property description
Will Copy

If property inherited through will.

Probate copy
Court certified
All pages
Original Title Deed

Oldest available ownership document for property.

Certified copy
Shows original owner
Ownership chain
Succession Certificate

If property inherited from deceased parent.

Court issued
Legal heir declaration
Certified copy
Important Verification Tips:

Verify ownership at sub-registrar office
Check encumbrance certificate for last 30 years
Confirm no pending litigation
Match seller ID with deed documents
Conduct site & boundary inspection
Verify society & builder reputation