Overview - Rural Housing Loans in India falls under PMAY mission - Get hassle-free credit facilities
Eligibility Criteria 1. Who can take it? - Indian citizen(Administrators, Agriculturalists, Self-Employed people) 2. Age of the eligible borrower - 21 years and above 3. Who can be the applicant? - A single person or a joint applicant (spouse, parents, or kids) 4. Income criteria - Constant and steady income
List of Documents Required - Passport size photo - Identity Proof - Residential Proof - Age Proof - Latest Salary Slips of preceding three months - Bank Account statement of past six months - Form 16 and duly filled Income Tax Returns of the past two years
Rural Housing Loan - Interest Rate - Lucrative interest rate per annum. - Maximum repayment duration is around 30 years.
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