LOAN PRE-SANCTION

In this type of loan only income documents will be include . This loan is valid for six months. If you select their property within 6 months then same sanction amount will be disbursed on that property. Sanction amount may be increase or decrease depending on the income eligibility and market value of the property. Some banking sector & non banking sector provides the loan 80% of the market value of the property.

For example, If you purchase a home of 80 lac and market value also same. then bank will fund 64 lac according to 80 percent of the market value of the property.