Step-by-Step Construction Loan Process at UB Housing Loans

At UB Housing Loans, we understand that building your dream home requires not only vision but also the right financial support. Our Construction Loan is designed to make your home-building process smooth and hassle-free, with competitive rates, flexible terms, and expert guidance every step of the way. Here’s an overview of the step-by-step process to help you get started:

To be eligible for a home loan with UB Housing Loans, applicants must meet the following criteria:

• Nationality: Must be an Indian citizen.
• Age: Minimum age of 21 years and maximum age of 65 years for salaried individuals, and 70 years for self-employed individuals.
• Income: Minimum monthly income of Rs. 15,000 for salaried individuals and Rs. 12,000 for self-employed individuals.
• CIBIL Score: A minimum CIBIL score of 750 or above is required.
• Co-applicant: If applicable, the co-applicant should be a family member.

Documents Required

Once you meet the eligibility criteria, you’ll need to submit the following documents for your home loan application:

• KYC Documents: Aadhar card, Voter’s ID, Passport, or PAN card.
• Income Proof: Last 3 months' salary slips (for salaried individuals) or Business profile (for self-employed individuals).
• Processing Fee: Processing fee and CERSEI cheques.
• Signature Proof: A valid signature proof.