Customer should be more than 25 years of age and not more than 65 years at the time of loan maturity.
Should be residing in a city where UMMEED HOUSING FINANCE has an office.
Guarantor not mandatory.
All the owners of the financed property and all individuals whose income has been considered for the loan have to be the co-applicants to the loan.
Loans can be taken for the following end uses :
Balance transfer of existing Home Loan, Purchase of property, Plot purchase + Self-construction, Self-construction, Re-finance within 6 months of registration.