Details of Certificate of Registration:

Karina Fincap Limited is a registered Non Deposit Accepting Non Banking Financial Company registered under Section 45-IA of the RBI Act with Reserve Bank of India with Registration No.N-14.03250.

The Company is having valid Certification of Registration from Reserve Bank of India, However the RBI does not accept any responsibility or guarantee about the present financial soundness of the Company or for the correctness of any of the statements or representations made or opinions expressed by the Company and for the repayment of debts/discharge of liabilities by the company.

Home Loan

Loan acquired from a financial institution to purchase a home. Home loans consist of an adjustable or fixed interest rate and payment terms. Home loans may also be referred to as mortgage loans.

  • Do not sign the agreement unless you have read and understood the same.
  • We do not take any collateral in home loans unless its a loan against a collateral which shall be mentioned on the loan agreement.
Features and Benefits
  • Attractive interest rates
  • Convenient loan disbursement process
  • Simplified documentation
  • Quicker turnaround time
Salaried individual
  • Monthly or annual income
  • Source of income
  • Savings and credit history
  • Work experience
  • Age
  • Qualifications
  • Number of dependents
  • Probability of the individual continuing in the same occupation
Self employed
  • An audited balance sheet
  • Profit and Loss Account of last three years
Checklist of Documents for Home Loan
  • List of papers / documents applicable to all applicants:
  • Completed loan application
  • Photographs
  • Proof of identification: Electoral ID Card / Passport / Driving License / PAN card
  • Proof of residence: Electoral ID Card / Passport / Electricity Bill / Telephone Bill
  • Proof of business address, in case of non- salaried borrowers
  • Statement of bank account for the last six months
  • Signature identification from present bankers
  • Personal Assets and Liabilities Statements
For guarantor
  • Personal Assets and Liability Statement
  • 2 passport size photographs
  • Proof of identifications as above
  • Proof of residence as above
  • Proof of business address as above
  • Signature identification from his / her present bankers
Additional documents required for salaried persons
  • Original salary certificate for last month
  • TDS certificate- Form 16 or copy of I.T. Returns for the last two financial years, duly acknowledged by I.T. Deptt.*
  • For professional /self- employed / businessmen
  • Three years I.T.Returns duly acknowledged by I.T Deptt./ I.T. Assessment Orders for computation of income*
  • Copies of challans in respect of advance payment of income tax*
(* photocopies to be kept for our records after verification of the originals)
Property documents
  • Sale Deed, Agreement of Sale. Original Share Certificate(s) issued by the society
  •  Land and Building tax paid receipts, possession certificate, and location sketch of property certified by revenue authorities.
  •  Letter of allotment from Housing Board /Society/ Private builder
  •  Original receipts regarding advance payments towards purchase of flat
  •  Non encumbrance certificate for the last 12/30 years
  •  Original of land tax paid receipt and possession certificate issued by the revenue authorities
  •  Copy of permission from Appropriate Authority and approved building plan (and also key plan / floor plan incase of purchase of flats)
  •  Original NOC under ULC Act 1976
  •  Copy of the relative order in case of conversion of agricultural land
  •  Original No objection certificate from Housing Society / Builder
  •  Detailed estimate of cost of construction of House
  •  Letter from the Builder / Society /Housing Board intimating their account number and name of their bankers, for remittance of installments
Other documents
  • In case of loan granted for purchase of plot of land, declaration by the borrower agreeing to construct the house within the stipulated period
  •  Valuation report from empanelled valuer as per standard format

*Approval/ Disapproval of Loan is the sole discretion of Karina Fincap Management