To start with collect the application form from any of the respective bank’s offices or download one from their website and submit it along with supporting documents at any nearest office. On receipt of the completed application form with the processing fees, the bank will consider the application, make enquiries as it deem necessary and convey its decision.
Many banks also offer the option of applying for a housing loan online, by just logging onto their official website. After it is approved, walk in to the selected bank office for submission of documents and further processing.
Can an applicant apply for a loan to repay a housing loan availed from another bank / housing finance company?
Yes, the applicant can avail bank’s home loan to repay a loan availed from employer or another bank / housing finance Company.
What are the fees and charges payable and when are they payable?