What Are the Pre­req­ui­sites?

Consumer Voice - - Bfsi -

In­come el­i­gi­bil­ity Age (75 years max­i­mum) Prop­erty val­u­a­tion (val­uer’s re­port) Flow of ti­tle (ad­vo­cate’s le­gal opin­ion) Ex­ist­ing li­a­bil­i­ties (if any) and reg­u­lar­ity Credit score Cur­rent work ex­pe­ri­ence Fi­nan­cial doc­u­ments Num­ber of de­pen­dents Third-party surety (op­tional in some) While the cri­te­ria will vary across banks/ fi­nan­cial in­sti­tu­tions (FIs), the com­mon fac­tors that they all look at are:

for other loans, credit cards, etc. their

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