Individual aged 21 years or above having regular income (Salaried persons having in regular & permanent service, Professionals, Self-employed), who is not a defaulter borrower of a Bank / Financial Institutions and is our account-holder (SB, Current, CC or OD A/c), is eligible for loan under the scheme. Loan is preferably given in joint names of two or more individuals, i.e. Co- owner(s) of property (must) / spouse/parents/son or daughter brother or sister. Professionals & Self- employed (P& SE) should have at least 3 years IT returns and not filed for past 3 years at one instance. Housing Loan can be availed by an account-holder (SB, Current, CC or OD A/c) and the proposed property is to be situated in West Bengal. The pre/post-sanction inspection shall be carried out by the financing branch, however, Regional Manager of financing Region in consultation with the Head Office and Regional Manager where the property is situated, may request the concerned Regional Manager where the property is situated to entrust any branch under his/her region nearer to the proposed property to inspect/verify the property before sanction and at regular intervals during
the currency of loan. A note and Office Order in respect where the property inspection at regular interval is entrusted to any branch nearer to the proposed property shall be kept in the loan file of the financing branch. The financing branch based on the inspection report submitted by the inspecting official shall extend the loan to his/her satisfaction. All Staff members willing to take Housing Loan at customer rate are also eligible to avail the Housing Loan for construction / purchase of House / Flat anywhere in India. In that case, inspection cost should be borne by the concern staff.