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Sundaram BNP Paribas Home Finance

Sundaram Finance Limited, has witnessed an exponential growth over decades owing to its strong values such as Faith, Depositor Confidence, Institutional Trust, Investor steadfastness and Employee loyalty. It all started when Shri. Santhanam foresaw the fate of Hire-purchase finance in India. Sundaram Finance Limited now has a rich presence across the country meeting the financial needs of many from all walks of life. Sundaram Finance Limited has successfully broadened its horizons and now enthusiastically providing financial services such as

• Commercial Vehicle Finance
• Construction equipment Finance
• Car Finance, Tractor Finance
• Tyre Finance
• Fleet Card.

Apart from all these, Sundaram Finance Limited also has a rich presence in

• General insurance
• Mutual Funds
• Housing Finance
• Business process outsourcing
• Information technology
• Retail distribution.

The company has a partnership with organizations like Royal & Sun Alliance, UK for general insurance and BNP Paribas for France for housing and Fund services. This association has given Sundaram Finance Ltd an international exposure making its world-class financial services conglomerate to meet the needs of many locally.

Sundaram Finance Limited aspires to provide home loans for both informal as well as formal section of society. This very goal of providing homes loans to many led to the establishment of Sundaram Home Finance Limited dated 2nd July, 1999. The company holds a certification of registration under Section 29 A of NHB ACT 1987 from National Housing Bank. Sundaram BNP Paribas Home Finance with its expertise in home finance along with the good values of the parent organization Sundaram Finance Limited are carrying forward the legacy and the culture and thriving together to provide Home to many.

Eligible Profiles & Products

Eligible Profile Products
Salaried Home Loan
Loan Against Property
Loan Against Property Residential
Loan Against Property Commercial
Self Employed Home Loan
Loan Against Property
Loan Against Property Residential
Loan Against Property Commercial

Eligibility and Documents for Salaried

Products Documents list Eligibility criteria and locations
Home Loan
  1. Salary slips of last 3 months
  2. Latest 3 months salary account bank statement
  3. Employee ID card and visiting card
  4. Appointment letter / Form 16
  5. Passport / Voters ID card / Driving license / PAN card
  6. Passport / Driving license / Ration card / Latest mobile bill / Letter from employer (with HR /Admin sign)
  7. Passport / PAN Card / Driving license / Photo credit card (front only) / Banker verification letter ( Only online)

• You should be atleast 20 years old and Your eligibility is
determined considering various factors such as age, monthly
income, monthly, commitments, qualifications, employment,
savings background, assets, liabilities and repayment
history of other loans if any..

Location for HL: Delhi/NCR, Mumbai, Hyderabad, Bangalore,
Chennai, Thane, Ahmedabad, Pune, Kolkata Aurangabad,
Baroda, Chandigarh, Cochin, Coimbatore, Gandhinagar,
Ludhiana, Madurai, Mandi, Gobindgarh, Indore, Jaipur,
Jalandhar, Jamnagar, Jamshedpur, Jodhpur, Kanpur,
Karnal, Khanna, Kolhapur, Kota, Ludhiana, Madurai,
Mangalore, Mohali, Mysore, Nagpur, Nasik, Panchkula,
Panipat, Patna, Rajkot, Ranchi, Trichi, Trivandrum,
Vijayawada and Yamunanagar

Loan Against Property
  1. Salary slips of last 3 months
  2. Latest 3 months salary account bank statement
  3. Employee ID card and visiting card
  4. Appointment letter / Form 16
  5. Passport / Voters ID card / Driving license / PAN card
  6. Passport / Driving license / Ration card / Latest mobile bill / Letter from employer (with HR /Admin sign)
  7. Passport / PAN Card / Driving license / Photo credit card (front only) / Banker verification letter ( Only online)

• You should be atleast 20 years old and Your eligibility is
determined considering various factors such as age,
monthly income, monthly commitments, qualifications,
employment, savings background, assets, liabilities
and repayment history of other loans if any..

Location for LAP: Delhi/NCR, Mumbai, Hyderabad,
Bangalore, Chennai, Thane, Ahmedabad, Pune, Kolkata
Aurangabad, Baroda, Chandigarh, Cochin, Coimbatore,
Gandhinagar, Ludhiana, Madurai, Mandi, Gobindgarh,
Indore, Jaipur, Jalandhar, Jamnagar, Jamshedpur,
Jodhpur, Kanpur, Karnal, Khanna, Kolhapur, Kota,
Ludhiana, Madurai, Mangalore, Mohali, Mysore,
Nagpur, Nasik, Panchkula, Panipat, Patna, Rajkot,
Ranchi, Trichi, Trivandrum, Vijayawada and Yamunanagar

Fees and Charges for Salaried

Products Fees and Charges
Home Loan Chq / ECS Bounce Charges: Rs. 500/-
Housing loan starts from 10.25%
Latest Interest Rates are linked to SH- Prime lending rate (SH-PLR).
Processing fees is payable along with the loan application which is non refundable

FAQs for Salaried

1. What is the maximum loan amount I can get?
You can avail home loans upto 20 lacs or 85% of the cost / value of the property.
2. What is the Maximum tenure?
The maximum repayment tenure is 20 years , which depends upon the borrowers category , age , purpose.
3. What are the property documents required
• Original title deeds • Agreement for sale / construction (as applicable) • Parent document copies / originals wherever applicable • Encumbrance Certificate for the last 15 years reflecting the history of transactions • Approved plan / layout • Revenue records like Patta, Chitta, Adangal, Town Survey Extracts, property tax receipts
4. Can is pre close my home loan?
Yes, Part payment n pre foreclosure facilities are available with us.
5. What is the maximum Loan to Value (LTV) that I can avail?
It is purely based on the valuation of your property. You can avail a loan of 85% of your property value.

Eligibility and Documents for Self Employed

Products Documents list Eligibility criteria and locations
Home Loan
  1. Passport / PAN Card / Driving license / Photo credit card (front only) / Banker verification letter ( Only online)
  2. Passport / Driving license / Ration card / Latest mobile bill /Passport / Voters ID card / Driving license / PAN card
  3. Income proof from your business.
  4. Income proof
  5. Bank statement
You should be atleast 20 years old and Your eligibility is determined considering various factors such as age, monthly income, monthly commitments, qualifications, employment, savings background, assets, liabilities and repayment history of other loans if any. Location for Funding: Delhi/NCR, Mumbai, Hyderabad, Bangalore, Chennai, Thane Ahmedabad, Pune, Kolkata Aurangabad, Baroda, Chandigarh, Cochin, Coimbatore, Gandhinagar, Ludhiana, Madurai, Mandi, Gobindgarh, Indore, Jaipur, Jalandhar, Jamnagar, Jamshedpur, Jodhpur, Kanpur, Karnal, Khanna, Kolhapur, Kota, Ludhiana, Madurai, Mangalore, Mohali, Mysore, Nagpur, Nasik, Panchkula, Panipat, Patna, Rajkot, Ranchi, Trichi, Trivandrum, Vijayawada, Yamunanagar.
Loan Against Property
  1. Passport / PAN Card / Driving license / Photo credit card (front only) / Banker verification letter ( Only online)
  2. Passport / Driving license / Ration card / Latest mobile bill /Passport / Voters ID card / Driving license / PAN card
  3. Income proof from your business.
  4. Bank statement

You should be atleast 20 years old and Your eligibility is determined considering various factors such as age, monthly income, monthly commitments, qualifications, employment, savings background, assets, liabilities and repayment history of other loans if any.

Location for Funding: Delhi/NCR, Mumbai, Hyderabad, Bangalore, Chennai, Thane, Ahmedabad, Pune, Kolkata Aurangabad, Baroda, Chandigarh, Cochin, Coimbatore, Gandhinagar, Ludhiana, Madurai, Mandi, Gobindgarh, Indore, Jaipur, Jalandhar, Jamnagar, Jamshedpur, Jodhpur, Kanpur, Karnal, Khanna, Kolhapur, Kota, Ludhiana, Madurai, Mangalore, Mohali, Mysore, Nagpur, Nasik, Panchkula, Panipat, Patna, Rajkot, Ranchi, Trichi, Trivandrum, Vijayawada and Yamunanagar

FAQs for Self Employed

1. What is the maximum loan amount I can get?

Ans. You can avail home loans upto 20 lacs or 85% of the cost / value of the property.

2. What is the Maximum tenure?

The maximum repayment tenure is 20 years , which depends upon the borrowers category , age and purpose.

3. What is the maximum Loan to Value (LTV) that I can avail?

It is purely based on the valuation of your property. You can avail a loan of 85% of your property value.

4. What are the property documents required?

• Original title deeds
• Agreement for sale / construction (as applicable)
• Parent document copies / originals wherever applicable
• Encumbrance Certificate for the last 15 years reflecting the history of transactions
• Approved plan / layout
• Revenue records like Patta, Chitta, Adangal, Town Survey Extracts, property tax receipts