Avaas Financial Services

Avaas Financial Services

Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range
Action

Rate of Interest

  • Floating rate of Interest : 10% p.a. to 19% p.a.
  • Fixed Rate of Interest : 10% p.a. 
  • Home Saver plan : 11% p.a.

Eligibility Criteria

  • Minimum 23 years of age and maximum 65 years
  • Loan period from 1 year to 15 years
  • Should be either salaried or self-employed and have regular source of income
  • Should have sufficient income to pay EMI on required loan
  • Applicant must be Indian Citizen, in case of NRI or person of Indian origin it should be properly documented

Fees and Charges

  • Processing Fees 0.0% to 2.0% depends on type and category of borrower
  • Pre-closure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

Documentation

Purpose

Documents

Identity, age and address proof

1.       Valid Passport

2.       Voter ID Card

3.       Aadhaar Card

4.       PAN card

5.       Valid Driving License

For the complete list of acceptable KYC documents, please contact nearest Aavas branch

Income Proof

Salaried

1.       Salary Slips/ Bank Statements/ Form-16

2.       Salary certificate (cash salaried cases)

 

Self-Employed

1.       IT Returns and/ or Financial Statements of last 3 years

And/ Or

2.       Informal Income Documents

Other Documents

1.       Application form with photograph duly signed

2.       Processing fee cheque

3.       Proof of business existence

4.       Last 6 months bank statements

Property related documents

1.       Copy of Allotment letter/ Seller’s Agreement

2.       Receipt/s of payment made to builder/ developer

 

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • We offer purchase loan for flat, house or bungalow from builders or Development Authorities as well as resale properties
  • Loan amounts starting Rs 1 Lakh
  • Attractive interest rates
  • Tenure of up to

o   30 years for salaried customers (from government/ PSU/ Private sector) with more than 35,000/-

o   25 years for other salaried customers

o   20 years for self-employed customers.

  • We are a perfect partner for your preferred property, which may be:

o   Nagar Palika

o   Society Patta

o   Gunthewari

o   Lal Dora

o   Gram Panchayat

Overview about Avaas Financial Services

Your Eligibility depends on following






You can increase your eligibility by doing following


Rate of Interest and Other Charges for Home Loan are following

Existing Loan take over or New Loan

Features of Loan