How to Apply for Home Loan Regarding Your Company
The loan application process can be a little daunting if you’re new to the home-buying world, but we’re here to help! Here’s everything you need to know about applying for your first home loan.
Affordable Housing Benefit
If you work for a company that offers affordable housing, you’ll get a 25% discount on your interest rate. You’ll also be able to apply for loans with lower down payments or higher limits than those of other people who don’t work for an employer that offers affordable housing.
Loans for All Aspiring Homeowners
You can apply for up to 250,000 in loans through Bank of Maharastra online application system. The process is quick and easy—you just need to fill out an online application form, answer some questions about your income and credit history, and attach any documents that prove your identity. The company will then tell you how much money they will lend you based on your answers. They’ll also tell you whether or not they think they can approve your loan—if they do, then they’ll send you an approval letter; if not, then they won’t send one until after their next review cycle begins (usually within 30 days).
We offer affordable housing benefit
In addition to offering loans for all aspiring homeowners, we also offer affordable housing benefit. This will help you meet your financial goals and make it possible for you to buy a new home or build one.
Eligibility:
You must be a salaried employee working in the private sector and have a minimum income of Rs. 1 lakh per month for the last two consecutive months i.e. Rs. 3 lakhs annually. You must be at least 21 years of age.