Gurugram has emerged to become India's second-largest IT hub. If one wants to own a residence in this thriving city, one can apply for a home loan in Gurugram.
Steps to apply for a housing loan in Gurugram
Before proceeding with a lender, one must verify the current home loan interest rates charged by them and then follow these steps:
Step 1: Fill up the application form
Prospective applicants need to visit the BHFL website and fill in all necessary details.
Step 2: Provide the required documents
After filling out the application form, submit these documents to the lender. It includes:
- KYC documents (Aadhaar card, Voter Id card, Driving license or Passport)
- Previous six months' bank account statements for self-employed individuals
- Employee ID card of an applicant
- Last three month’s salary slips
- Property documents
- Proof of business existence
Step 3: Document verification
The lender will then verify all documents and property site to check their authenticity. After verification, if the lender finds that the CIBIL score of an applicant is good, then they will contact the applicant to guide through the next steps.
Further, candidates can also check the tax benefits on home loan under Section 24B, 80C, 80EEA and 80EE of the Income Tax Act of 1961.
At last, the lenders will disburse the sanctioned home loan amount. Borrowers considering availing of home loan in Gurugram must follow the steps mentioned above for easy approval.
