BDS Group Lalru

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Home Loan Assistance

Get hassle-free home loan support with complete guidance from application to loan disbursal.

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How Home Loan Works

Understanding the complete home loan process from application to disbursal

Step 1

Fill the Application Form

The home loan process begins by filling the application form. Applicants provide personal information including name, address, phone number, occupation, income, education details, property information, estimated property cost, and down payment amount.

Step 2

Document Verification

The bank verifies all submitted documents to ensure accuracy and eligibility before moving to the next stage.

Step 3

Background Verification

The bank performs a background verification by checking residential details, employment information, employer credentials, office contact details, and other financial records.

Step 4

Processing Fee

After verifying repayment capacity, the bank collects the processing fee and starts processing the home loan application.

Step 5

Loan Approval

After successful verification, the bank approves the eligible loan amount, applicable interest rate, loan tenure, and issues the official sanction letter.

Step 6

Property Document Verification

Original property documents are submitted to the bank for legal verification. The bank also performs physical site inspections before and after sanctioning the loan.

Step 7

Loan Disbursal

The final stage includes signing the loan agreement, accepting terms & conditions, registration, and loan disbursement according to the sale agreement.

Home Loan Process Timeline

Visual representation of your home loan journey

Application
Verification
Approval
Disbursal

Eligibility & Document Checklist

Required documents based on your employment category

  • Passport Size Colour Photograph
  • PAN Card
  • Aadhaar Card
  • Current Address Proof
  • Last 3 Months Salary Slips
  • Last 2 Years Form-16 (Part A & Part B)
  • Last 6 Months Bank Statement
  • Existing Loan Statement (if applicable)
  • Property Documents

  • Passport Size Photograph
  • PAN Card
  • Serving Certificate with Photo
  • Aadhaar Card
  • Last 3 Months Salary Slips
  • Last 2 Years Form-16
  • Last 6 Months Bank Statement
  • Existing Loan Statement
  • Property Documents

  • Passport Size Photograph
  • PAN Card
  • Aadhaar Card
  • Current Address Proof
  • Last 3 Months Salary Slips
  • Last 2 Years Form-16
  • Increment Letter
  • CTC Letter
  • Last 6 Months Bank Statement
  • Existing Loan Statement
  • Property Documents

  • Passport Size Photograph
  • PAN Card
  • Aadhaar Card
  • Current Address Proof
  • Income Tax Returns (Last 3 Years)
  • Computation Report
  • Audit Report
  • Balance Sheet
  • Profit & Loss Statement
  • Form 26AS
  • GST Certificate
  • GST Returns (Last 1 Year)
  • Current & Savings Bank Statements
  • Company Profile
  • Office Photograph
  • Company PAN
  • Partnership Deed
  • Existing Loan Statement
  • Current Account Statement
  • CC Limit Statement (if applicable)

  • Passport Size Photograph
  • PAN Card
  • Aadhaar Card
  • Current Address Proof
  • Income Tax Returns (Last 3 Years)
  • Audit Report
  • Balance Sheet
  • Profit & Loss Statement
  • Form 26AS
  • GST Certificate
  • GST Returns
  • Current & Savings Bank Statements
  • Company Profile
  • Office Photograph

Why Choose Us

Benefits of getting your home loan through BDS Group Lalru

Fast Loan Processing

Quick and efficient loan processing with minimal turnaround time.

Lowest Interest Rate Assistance

We help you get the best interest rates from multiple banks.

Multiple Bank Options

Compare and choose from various leading banks and financial institutions.

Expert Financial Guidance

Professional advice from experienced financial consultants.

Minimal Documentation

Simplified documentation process with our expert assistance.

Quick Approval Support

End-to-end support for faster loan approval and disbursal.

Complete End-to-End Assistance

From application to disbursal, we guide you through every step of the home loan process.

Frequently Asked Questions

Common questions about home loans answered

The loan amount depends on your income, credit score, existing liabilities, and the property value. Generally, banks offer up to 80-90% of the property value as a home loan, subject to your repayment capacity.

The minimum salary requirement varies by bank and location. Generally, salaried individuals need a minimum monthly income of ₹25,000-₹30,000, while self-employed individuals need a stable income of at least ₹3-4 Lac per annum.

Mandatory documents include PAN Card, Aadhaar Card, address proof, income proof (salary slips, Form-16, ITR), bank statements, and property documents. Additional documents may be required based on your employment type.

Loan approval typically takes 7-15 working days, depending on the bank, document verification, and property checks. Pre-approved loans can be processed faster within 3-5 days.

Yes, you can apply for a home loan even with existing loans. Banks consider your debt-to-income ratio and overall repayment capacity. A good credit score and manageable existing EMIs improve your chances.

Yes, self-employed individuals, including business owners, doctors, professionals, and freelancers, can apply. They need to provide income tax returns, business registration documents, and bank statements for the last 2-3 years.

Processing fees typically range from 0.5% to 1% of the loan amount, plus applicable taxes. Some banks may offer waived or discounted processing fees as part of promotional offers.

Yes, most banks allow prepayment of home loans. As per RBI regulations, banks cannot charge prepayment or foreclosure fees on floating rate home loans for individual borrowers. However, fixed-rate loans may have prepayment charges.

Need Help Getting a Home Loan?

Our experts will help you compare banks, prepare documents, and secure the best home loan with a smooth approval process.

Apply Now Contact Expert

Get in Touch

Contact us for home loan assistance and expert guidance

Call Us

+91 62803 38937

WhatsApp

+91 62803 38937

Email Us

bdsgrouplalru@gmail.com

Visit Us

Shop No. 14, Near Shyam Indospin Limited, Ballopur, Lalru, Punjab - 140501

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