Vastu Housing Finance Home Loan for Self Employed

The Vastu Housing Finance home loan for self-employed is an appealing credit option. Like salaried individuals, the company ensures that self-employed individuals can secure funds with attractive rates and terms. While the eligibility criteria for self-employed applicants may vary from those for salaried individuals, the loan is designed to simplify the application process and facilitate easy access to necessary funds. Moreover, eligible applicants can avail of flexible repayment plans, minimal documentation, an online application process, and fast loan approval. To help you own your dream home as soon as possible, Urban Money offers this all-in-one guide to the Vastu Housing Finance home loan for non-salaried individuals. We cover details such as Vastu Housing Finance home loan eligibility for self-employed, pertinent documentation, interest rates, and other associated fees. Let’s scroll down.

Vastu Housing Finance Home Loan for Self-Employed – Highlights 

The Vastu Housing Finance home loan interest rate for self-employed and other key parameters are as follows:

Vastu Housing Finance Home Loan for Self-Employed – Fees and Charges

The following are the associated fees and charges associated with the Vastu Housing Finance home loan for self-employed:

Vastu Housing Finance Home Loan for Self-Employed – Documents Required

The following are the Vastu Housing Finance home loan documents for self-employed:

• Identity Proof: Aadhar card, PAN card, passport, voter identity card, driving licence, or utility bills. 
• Income Proof: Income tax returns, balance sheet, profit & loss account, CA audited financials, and bank account statement.
• Property Proof: Agreement to sale, title deeds, approved building plan, and NOC from the builder. 

Vastu Housing Finance Home Loan for Self-Employed – Eligibility Criteria

The following are the Vastu Housing Finance home loan eligibility for self-employed:

• Age Limit: The applicant should be at least 21 years old and not exceed 65 years at loan maturity.
• Business Continuity: The applicant should have relevant experience with consistent growth and profitability in their current business. 
• Income Criteria: The applicant’s income, expenses, and existing liabilities will be assessed to ensure a comfortable EMI-to-income ratio.
• Credit Score: The applicant should have a good credit score with no loan defaults or bankruptcy history.
• Residential Status: The applicant should be an Indian resident.