The ownership of a house is one of the key signs of success among the fast-growing Indian middle class. As the income of the average Indian family raises, there has been a continuous increase in the desire to own a house and this has lead the price of property to reach unique highs in recent years. This is true for not just the big cities but also for smaller cities across India. This uncontrolled price rise has made it near impossible for the common man to purchase their home through just savings. This is among the leading reasons for the home loan business to have witnessed unmatched growth in recent years. So much so that anticipated home buyers have multiple options to seek a home loan from banks as well as NBFCs.
Proof of individual’s identity (We also require same KYC of co-applicant)