If you might have solely 1500 rupees in your checking account then your dream of your individual home could be fulfilled. ICICI Home Finance has launched a brand new mortgage scheme ‘Apna Ghar Dreamz’ for expert employees working within the unorganized sector in Delhi. Under this, loans starting from Rs 2 lakh to Rs 50 lakh could be taken. The firm mentioned in a launch on Wednesday that the plan consists of carpenters, electricians, tailors, painters, welding employees, faucet fixers (plumbers), automobile mills, manufacturing machine makers, RO fixers working within the metropolis , For small and medium enterprise, grocery customers.
For loans above Rs 5 lakh, the minimal quantity of Rs 3,000 is within the account.
ICICI Home Finance mentioned that the mortgage scheme is for these working within the unorganized sector who wish to purchase their home however should not have the paperwork that are often demanded by banks and monetary establishments for lending . Under this scheme, clients can avail loans for 20 years.
Documents required for mortgage
In the type of paperwork, all they should do is present PAN (Permanent Account Number) and Aadhaar and 6 months checking account particulars. For loans as much as 5 lakh rupees, minimal of Rs 1,500, whereas for loans above Rs 5 lakh, minimal of Rs 3,000 needs to be within the account.
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Anirudh Kamani, Managing Director and CEO (Chief Executive Officer) of ICICI Home Finance Company, mentioned, “Our intention at ICICI Home Finance is to assist onerous working professionals and native small companies within the unorganized sector to satisfy their dream of shopping for their house.” To provide a mortgage.
The firm mentioned that clients can even avail the Pradhan Mantri Awas Yojana (PMAY). It is a credit score linked subsidy scheme for the low revenue group / economically weaker sections (EWS / LIG) and center revenue group (MIG-1 and a couple of). Under this scheme, a borrower can get a most subsidy of as much as Rs 2.67 lakh.