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Magma Housing Finance Eligibility

WHO IS ELIGIBLE?
  • Any Individual, Proprietor, Partner, Partnership Entity, or Corporate-entity are eligible for housing loans from Magma.
  • Developers making Residential projects / Townships
WHAT ARE THE ELIGIBILITY CRITERIA?
  • Valid KYC documents must be available in the name of all the borrowers
  • Continuity of income with requisite stability norms
  • Clear banking and loan repayment history
  • Legal & technical clearance of the property-collateral
  • Positive checks & references
WHICH SEGMENTS ARE ELIGIBLE?

Salaried Individuals and/or business-owners of the following segments :

  • Manufacturers
  • Service providers
  • Traders & Retailers
  • Self Employed Professionals
  • Entrepreneurs