mahafinancialservice@gmail.com
18/525, Ground Floor, Jawahar Street, Kovai main
Road - 638 459
Home Loan eligibility is dependent on factors such as your monthly income, current age, credit score, fixed monthly financial obligations, credit history, retirement age etc. Get the peace of mind by knowing all the details about your loan using Maha Finance Bank Home Loan Eligibility Calculator
These calculators are provided only as general self-help Planning Tools. Results depend on many factors, including the assumptions you provide. We do not guarantee their accuracy, or applicability to your circumstances.
1. Eligibility criteria To apply for a Home Loan, an applicant must fulfill the following eligibility criteria.
Present Age and Remaining Working Years : The age of the applicant plays a major role in determining home loan eligibility. The maximum loan term is generally capped at 30 years.
Age Limit for Salaried Individuals : 21 to 65 years
Minimum Salary : ₹10,000 P/M
Minimum business income : ₹2 lac P/A
Maximum Loan Term : 30 years
Past and Present Credit History and Credit Score : A clean repayment record is considered positive
2.Documents required for Personal Loan : The following documents are required to apply for a Home Loan:
• Identity & address proof (Aadhaar card, passport, driving license, voter ID, etc.)
• PAN
• Other relevant documentation
