FINANCING
To buy one of Pumarth’s properties, there are a few easy steps that have to be followed. To ensure that your time is saved and the hassle of miscommunication reduced, we have listed out the booking process. It is as follows:
- Registration Form
- Customer Photograph
- KYC
- Payment Schedule
- Allotment Letter
- Stamp Paper For Allotment Letter
- For loan cases documents required for to loan processing.
- Loan Sanction Letter
- Zero balance ledger
- Letter to advocate for Registry
- Mortgage for loan cases
- Copy of Registry
For Financing:
Loan sanction is usually processed on the underlying principle
For Plots :
Customer contribution – 25% to 30%
Loan sanction on plots up to – 70 % to 75%
For Row Houses :
Customer’s contribution – 10% to 15%
Loan available on Row houses (Built up units) – 85% to 90%
Note: Loan sanction is done on the customer’s eligibility based on his Salary / income
List of Documents required for Housing Loan sanction processing
(A) People receiving salaries :
1. Photographs – 4 Nos.
2. Identity Proof – Pan Card / Voter ID / Passport
3. Address Proof – Electricity / Telephone Bill (Current month)
4. Salary Slip – Last 6 months ( Including Current Month )
5. Form No.16A for TDS deduction by the employer for last two years
6. Bank Statement for last 6 months up to present date
7. Details of current loan, if any.
8. Closure certificate for the past loan if fully paid up.
(B) Own Business :
1. Photographs – 3 Nos.
2. Identity Proof – Pan Card / Voter ID / Passport
3. Address Proof – Electricity / Telephone Bill (Current month)
4. Business / Activity Proof (Gumashta / License copy etc.)
5. ITR – 2 yrs of income with computation
6. Bank Statement of last 6 months up to present date
7. Details of current loan, if any.
8. Closure certificate for the past loan is fully paid up
