Home Loan is offered to individuals who wish to purchase or construct a house. The property is mortgaged to the lender as a security till the repayment of the loan. The bank or financial institution will hold the title or deed to the property till the loan has been paid back with the interest due for it.

1. Home Loan

2. What is Home Loan ?
Home Loan is offered to individuals who
wish to purchase or construct a house. The
property is mortgaged to the lender as a
security till the repayment of the loan.
The bank or financial institution will hold
the title or deed to the property till the loan
has been paid back with the interest due for
it.

3. Types of Home Loans ?
 Home Purchase Loan
 Home Improvement Loan
 Home Extension Loan
 Home Conversion Loan
 Bridge Loan
 Home Construction Loan
 Land Purchase Loan

4. Home Loan through Letzbank
 We created a platform, where banks and non-banks
display their products for our customers to
evaluate, check eligibility and apply online for
loans.
 Letzbank we help you to avail home loan of your
choice at convenience. you able to compare
various home loan products being offered by
leading banks across the country.
 See your eligibility and design your EMI at lower
rate of interest with help of tools and services
available on our website absolutely free of cost.

5. Banks Providing a Home Loan
CITI
HDFC
BAJAJ FINSERV
DHFL
pnb Housing

6. Benefits
 You will be able to plan your EMI through Home
Loan EMI calculators .
 you will be charged “NIL SERVICE FEE” for the
application submitted online.
 Letzbank has a document locker facility – this
facility enables you to upload all your documents
online to avoid identity theft and avoid loss of
documents.

7. Eligibility
 Income : 50,000
 Total EMI's being paid :10,000
 EMI to Income Ration : 20% [10,000 / 50,000]
 Rule of thumb EMI to Income Ratio: 50%
 Total Borrowing Capacity :50% * 50,000 =
25,000
 Total Incremental EMI that individual can afford :
25,000 - 10,000 = 15,000
 Basis this EMI, total additional loan that may be
sactioned at an interest rate of 10% over 20 years
= 15,00,000

8. Documents Required
Documents Salaried Self
employed
professional
Self
employed
nonprofess
ional
Application form with photograph dual
signed
yes yes yes
Identity, residency and age proof yes yes yes
Last 6 months bank statements yes yes yes
last 3 months salary slips yes yes yes
processing fee cheque yes yes yes
form 16/income tax returns yes yes yes
Proof of business existence yes
Business Profile yes
Education qualification ceritificate and
proof of business existence
yes yes
Last 3 years income tax returns with
computation of income
yes yes

9. How to apply Home loan through letzbank
Login to Letzbank.
Click on home loan.
Check your eligibility and compare the rates with
our Valuable Lender banks across the country.
Enter your valid name, email id, mobile number
and submit your application.
Sales executive from the respective bank will call
you.
None of the applicants will be charged .

10. Contact Us
Letzbank,
Plot No. 4,, 1-98/8/9/A, Image Gardens Rd,
Madhapur,
500081 Hyderabad, Telangana,
India.
support@letzbank.com
040-48586878
For more details visit : https://WWW.letzbank.com/