Canara Home Loan Super Gain (CASA)
PURPOSE
For purchase of House/flat/plot of land. Construction/extension / repair / renovation of new / second hand residential flat /house.
ELIGIBILITY
Facility shall be made available to new as well as existing Home Loan (sanctioned / outstanding amount) of Rs.20.00 lakhs and above.
LOAN QUANTUM
Minimum amount: 20.00 Lakhs.
Maximum amount: No Upper Limit.
MARGIN
As per General Housing Loan Scheme guidelines.
RATE OF INTEREST
SECURITY
As per General Housing Loan Scheme guidelines.
REPAYMENT
Not Exceeding 30 years of repayment (Including repayment holiday) or 75 years of age of the borrower whichever is earlier.
PROCESSING CHARGES
0.40% of the loan amount with Minimum Rs 2000/- and Maximum Rs 50,000/-
PRE-PAYMENT
At your choice. In case of take over of liability by other banks / HFIs, no prepayment penalties in respect of Housing Loans carrying floating rate of interest.
DOCUMENTS/FORMALITIES
- Stipulated Loan Application with 2 passport size photos of applicant / guarantor
- Sale Deed
- Agreement for Sale
- Copy of the approved plan for the proposed construction / extension / addition
- Detailed cost estimate / valuation report from Bank's Panel Chartered Engineer / Architect
- Allotment letter of Co-operative Housing Society / Apartment Owners' Association / Housing Board / NOC from the Society / Association / Builders / Housing Board
- Legal Scrutiny Report, EC for the past 13 years, Property Tax paid receipt, Khata and permission for mortgage, wherever necessary
- Salary Certificate and Form No.16 (in case of salaried persons)
- IT Returns filed for the past three assessment years (in case of non-salaried persons)
- A brief note on the nature of business, year of establishment, type of organization, etc., (in case of self-employed)
- Balance Sheet and P&L Account for the past three years (in case of self-employed)
For more details, please visit our nearest branch or call to toll free No. 1800 425 0018.