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Apply for a Home Loan

Features of Home Loan

Apart from providing a comprehensive well researched information on the property market in Mumbai, Thane and Navi Mumbai, we have realised over the course of years one Mumbai Property Exchange will now provide Comprehensive Home Loan Assistance.

We have tied up presently with Top Banks to provide you the with maximum information on Home Loans for you to enable to buy a Home with far more ease with most of the processes of yours undertaken centrally under one roof.

We look forward to provide you all the best possible information and advisory services on Home Loans. As a Special Scheme and Offer if you are apply your Service Fee paid by you to any of the Banks shall be refunded by us. This is a Ltd Period offer.

Please call on +91 22 66921122 or mail Ms.Indu Sadh at


It is essential for you to understand that how much Bank Loan you can get.

Most of the times we are all very confident that we should be able to get an X amount of money as Loan.

Please do not overlook this factor and always get a Pre-Approval done so that you are clear that how much Loan can you get and also at the same time you will be able to calculate that every month you can pay an X amount of EMI.

This way you will be able to get your homework done before you even step out in the market to look for apartments and ready to close a deal when required without worrying on your entitlement.

Minimum Age for Home Loan 25 Years
Max Age Limit The Loan must terminate before or when you turn 65 Years of age or age of retirement, whichever is earlier
Occupation Business or Self Employed and Salaried with a regular income and properly filed Income Tax Returns for 3 years.
Proof of residence Bank account statement or latest electricity bill / water bill / piped gas monthly bill or latest mobile or telephone bill or latest credit card statement or employers letter certifying the current mailing address or existing house lease agreement or registered lease or leave and licence agreement with a utility bill or ration card or latest property tax / water tax bill
Co-Applicant Age Minimum age should be 18 Years
Co-Applications A loan can be availed in the name of 2 family members who are earning and the eligibility could be enhanced clubbing the income of both the applicants


In India, most of the Banks offer attractive interest rates and schemes to ensure that you get the best deal. The Interest rates keeps on varying every few years, but if you can get any deal under 9% it is a good one. These are your personal documents required for Pre-Approval of your Own Self. The Bank would verify the property documents at a later date. If you are buying a Property in Mumbai, Thane or Navi Mumbai most of the Developers/Builders are aware of the documentation required by them and you can surely connect with any of the Bankers after consulting the Developers office of any further details.

Duly Completed Application Form


Fee cheque

Photo Identity Proof

Residence Address Proof

Property documents as required

Document specific for Salaried

Last 3 months' salary slips

Form 16

Bank Statement for last 6 months from salary account

Repayment details on any existing loans or loan closure letter

Document specific for Self Employed

Income Tax Return / Computation of Total Income / Auditors Report / Balance Sheet / Profit & Loss Account certified by Chartered Accountant for last 2 years (3 years for Home Equity) (both for business and personal of partners/directors)

Bank Statement for last 6 months from operating account

Repayment details on any existing loans or loan closure letter

Board Resolution in case of a company

Proof of existence of the business entity

Proof of Office Address

Photo Identity Proof, Residence Address Proof, Signature Verification must be provided for all the main partners / directors

Documents required for NRI's for Loan

Application form with photograph

Photocopy of the Employment Contract or Labour Contract and English translation countersigned by your employer

Latest salary certificate (in English) specifying the following:

Name (as it appears in the passport)
Date of joining
Passport Number
Perquisites and salary
Photocopy of Identity card / Labour card
Photocopy of latest work permit
Photocopy of valid resident visa stamped on the passport
Overseas Bank Account and NRE/NRO statement for the last six months.
Continuous Discharge Certificate (CDC)- if applicable
Latest Credit Bureau Report [Applicable to customers residing in countries where Credit Bureaus exists. eg. USA, UK etc.]
Property related documents
Processing fee cheque

Rates & Fees

Tenure Type Rate
20 Yrs (ICICI) Variable 10.25 %
20 Yrs (HSBC) Smart Home 11.00 %
20 Yrs (HDFC) Floating Below 30 Lacs 10.25 %
20 Yrs (HDFC) Floating Between - 30 -50 Lacs 10.75%
20 Yrs (HDFC) Floating Above 50 Lacs 10.75%
20 Years (ING Vysya) Fixed 10.25%

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