Planning For A Home Loan In Calicut? What You Need To Keep In Mind

Calicut is a coastal city of Malabar importance which exists in the northern region of the Indian state of Kerala. Calicut is also known as Kozhikode which has a history of being a major trading centre for spice during the medieval period on the western coast of India.

Ancient history, amazing backwater, open seashores, tangy cuisines and much more makes the city of Calicut a deserving place to live in. If you are looking to move in there, many leading online lenders are offering a Home Loan in Calicut at an affordable rate.

Yes, applying for a Home Loan in Calicut in easier because you can apply online and get quick approval and if your Home Loan eligibility is good, you can get a loan quick.

Home Loan eligibility

A Housing Loan in Calicut would require you to ensure the following Home Loan eligibility conditions such as:

  • You should be a citizen of India
  • You should be a salaried individual
  • Your work employment history should at least be 3 years
  • Your age should be between 28-58 years

Home Loan documents

You should have the following Home Loan documents to enhance your House Loan eligibility and application status such as:

  • Duly-filled online application form
  • Recent passport-size colour photographs
  • Identity Proofs (Anyone) – Voter’s ID Card, PAN Card, Aadhaar Card, Driving License or Job Card issued by NREGA
  • Address Proofs (Anyone) – Voter’s ID Card, Driving License, Passport, or Aadhaar Card
  • Income Details – Latest salary slips/Form 16
  • Bank Account Statements – Last 6 months’

Home Loan eligibility calculator

You can also know your Home Loan in Calicut eligibility by using a Housing Loan eligibility calculator available free of cost on a lender’s website. Simply enter the following details in the Home Loan eligibility calculator and know your eligibility super quick:

  • Your location
  • Your date of birth
  • Your monthly net salary
  • Your details of other monthly income, if any
  • The Home Loan tenor that you want to avail (in numbers)
  • Existing EMIs or obligation in your name

 

Home Loan in Calicut benefits at a glance

Apply for a Home Loan in Calicut will help you avail these benefits such as:

  • Instant online application
  • Minimal documentation
  • No hidden charges
  • Customized insurance schemes
  • Online account access
  • Zero pre-payment charges
  • NIL foreclosure charges
  • 3-EMI holiday to help you streamline your finances
  • Home Loan balance transfer – If you have an existing loan account, you can switch it and avail a lower interest rate and save huge on EMIs
  • Top up loan at a lower interest rate, longer tenor and lesser EMIs to the tune of Rs.50 lakh
  • Excellent customer care services

The Bottom Line

Now that you know the basic stepwise guide of getting a Home Loan in Calicut, apply for a Home Loan with a leading non-banking finance company and avail discussed advantages. Happy Home Loans!

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