TMB Home - Elite

CIBIL Score

• CIC score (Credit Vision Score) should be above 700.

Required Documents

• Age Proof/Photo ID Proof – PAN Card, Aadhaar Card
• Address Proof – Aadhaar card, driving license, passport, utility bill, rent agreement, voter ID
• Income Proof – Salary account bank statement for last 1 year, salary slip for last 3 months
• Latest 2 ITRs both personal and business along with computation of income Advance tax challans if available, advance tax challan if available, bank account statement for last 1 year, latest 2 years P&L account and B/S both personal and business duly certified by CA

Loan Processing Charges

• 0.50% of loan amount + GST

Features

• Purchase of new / old residential unit (House/Flat/Bungalow etc),
• Construction of residential unit,
• Purchase of a non-agricultural plot of land for subsequently constructing residential unit i.e a Composite project
• Repair/ renovation of an existing residential unit.
• Extension of an existing residential unit e.g. construction of additional floor,rooms etc
• Takeover of home loan availed from other banks/FIs/NBFCs.
• Loan can be availed depending upon the eligibility and need of the customer from ₹25.00 Lakhs without any maximum cap
• Longer loan tenure, up to a maximum of 360 months
• NRIs can reimburse the investments already made by them, provided the Investment has taken place within preceding one year.
• Tenure: Up to 30 years (Up to 20 years for NRI applicants)
• In case of Top up Loans: Up to 15% of the original amount or Rs 7.5 lakh, whichever is lower
• For House Renovation: Up to Rs 10 lakh
• For properties in Non-metro Cities: Up to Rs. 40 lakh (the cost of house property should not exceed Rs 50 lakh
• For properties in Metro Cities: Up to Rs. 50 lakh (the cost of house property should not exceed Rs 65 lakh)