Project Enquiries

Home Loan Assistance

Purpose

For construction, purchase / repair / renovation / alteration of a house or for purchase of a plot for the construction of a house. Get details of apartments in thrissur from here.

All Resident / Non-Resident Indians with a regular monthly income, salaried persons, self employed businessmen, professionals and agriculturists, who have regular monthly income and who are filing ITR for the previous three years.

Eligible Amount Of Loan

Individual’s Over 18 years of age with steady source of income Conditions Apply*

Margin Amount

Customers have an option of margin amount from 10% to 25% depending on the loan amount which may vary as per R.B.I norms & policy of Banks.

Repayment

The loan tenure is maximum 30 years. We can opt loan tenure for any number of years less than 30. We can repay the whole loan amount at any point of time without any additional payments.

Loan Disbursement

As per the terms and conditions of construction / bank loan agreement, the loan amount will be disbursed directly to the builder, as per the construction stages.

Collateral Security

Collateral security for a Flat or Villa from TBPL is the property sale deed which will be kept in the bank custody till the full repayment of the loan amount

Insurance

We can take insurance for the property as per the norms of the banks.

Processing Charges

The normal processing charge for home loan is 0.4% of the loan amount or maximum up to Rs.10,000/- . This may vary as per bank norms.

TBPL Homes

Documents Required

Documents Required
Application	Duly filled Loan Application
Proof of Identification:	Valid driving license or Ration card or Passport or Voter’s ID card or Bank passbook and PAN Card Income Documents
Income documents - Business professional	A brief introduction of his profession/business Passport size photographs Photocopy of Registration Certificate of establishment under Shops and Establishments Act/Factories Act Photocopy of Registration Certificate for deduction of Profession Tax Proof of investments P/L statement for previous 3 years
Income documents - Salaried individuals	Form 16 Certified letter from Employer Pay slip (Last 2 months) IT returns (for 3 years) Apart from the proof of income of the salaried individual, he would also have to furnish investment proofs, if any (like fixed deposits, shares, etc) and his passport-size photographs.
Income documents - NRI Individuals	Passport copy with valid visa. If from Saudi, valid Exit Entry visa Last 3 months salary slip Last 1 year statement of the foreign bank account Last 1 year statement of the NRI bank account