The ICICI Home Finance launched “Apna Ghar Dreamz”, its new home loan scheme for skilled laborers like electricians, mechanics, painters, grocery store owners etc in the informal sector of Delhi.
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Features of the “Apna Ghar Dreamz” scheme
- The credit amount of this loan ranges from Rs 2 lakh to 50 lakhs.
- This scheme targets the people of the informal sector without all the documents which are required to get a loan from a formal financial institution.
- The customers can utilise the benefits of the Pradhan Mantri Awas Yojana (PMAY), a credit-linked subsidy scheme (CLSS) for Lower Income Groups/ Economically Weaker
Sections (EWS/LIG) and Middle Income Groups (MIG – I & II).
Documents Required & Eligibility:
- This scheme avails a special 20 year tenure loan which requires documents like, PAN, Aadhar and bank statement of past 6 month.
- Customers should have a minimum account balance of Rs.1,500 for loan upto Rs.5 lakh and Rs.3000 for loan above 5 lakh.