Q:I want a home loan from Karnataka State Co-operative Apex Bank Ltd. for building a house. I am a self employed person. What is the maximum loan amount I can take from this bank? Tell me about the essential documents I need to submit for getting the loan.
Latest Answer: Karnataka State Co-operative Apex Bank Ltd. provides home loan up to Rs 30,00000/-. You have to submit docs like your ID proof (PAN card/voters ID/ passport/driving license), address proof (recent telephone bill/electricity bill/property tax receipt/passport/voters ID), and DOB proof (10th class certificate). Along with these docs, you need to present your financial docs such as bank statements(latest 6 months bank statement /passbook), latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA, and qualification proof of the highest professional degree.
Q:I am looking to bring some changes in my home. I want to repair and completely renovate it. So, can I get Karnataka State Co-operative Apex Bank Ltd. home loan for renovating my house.
Latest Answer: With minimal documentation and in a speedy process you can easily get State Co-operative Apex Bank Ltd. home loan. Yes, of course you can avail this home loan for repair/improvement/extension of your house. You can also purchase/construct independent house/flat.
