Home loan rates of interest and costs by kind of home

Home loan rates of interest and costs by kind of home

Interest levels, LTV and fee that is processing vary by sort of home. The after table contrasted one of the keys terms of numerous forms of home loan provides by sort of home.

Kind of properties and conditions Industrial Property Commercial Property investment Property
rate of interest 10.85percent – 13.35% 9.50% – 15.15% 8.70% – 15.15%
Loan to value (LTV) 40% – 65% 40% – 75% 40% – 75%
Processing charge 0.20% – 1.00% 0.20percent – 2.00% 0.20percent – 2.00%
earnings Proof for Salaried half a year payslip, ITR of final 24 months, two years Form 16, half a year bank declaration salary that is showing half a year payslip, ITR of final 24 months, 24 months Form 16, six months bank declaration showing income credit half a year payslip, ITR of final 24 months, two years Form 16, half a year bank declaration showing income credit
earnings proof for Self employed ITR of final 36 months, VAT/ solution tax enrollment, business target evidence, monetary statements certified by CA, content of partnership deed and evidence of company existence and business profile ITR of final 36 months, VAT/ solution tax enrollment, company address evidence, monetary statements certified by CA, content of partnership deed and evidence of company existence and business profile ITR of final 36 months, VAT/ solution taxation enrollment, company address evidence, monetary statements certified by CA, content of partnership deed and proof company presence and company profile
FOIR 0.65 0.65 0.55 – 0.65
CIBIL 650 and more 650 and much more 650 and much more