Mas Rural Housing and Mortgage Finance Limited

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Housing needs of a family evolves as the family grows. Now you have the opportunity to add more space to your existing home or renovate your home to be in sync with the current trends and to enhance your home in terms of convenience with Mas Home Extension and Renovation Loan.

home extension and renovation loan
  • Loans for extending or adding space in your current home and for renovating the exteriors or interiors of your current home
  • Individuals who are Salaried/Self Employed Professionals/Self Employed Non-Professionals/Agriculturist can apply for this loan
  • Loans ranging from Rs 50,000 to Rs 35 Lakhs
  • Loans for up to 90% of Market Value in extension or renovation as per Policy
  • Affordable interest rates
  • Flexible loan tenure from 60 months to 240 months as per Policy
  • Customized loan options
  • Doorstep Service
  • Salaried Individuals
    • Minimum age should be 18 or above at the time of application and maximum up to retirement age at the time of loan maturity.
    • Minimum income of Rs 10,000 per month
    • Total Work Experience should be 3 Years.
  • Self Employed Professionals/Self Employed Non Professionals/Agriculturist
    • Minimum age should be 18 or above at the time of application and maximum up to 65 age at the time of loan maturity.
    • Minimum income of Rs 10,000 per month
    • Minimum 3 years of business vintage
Documents Required for availing Home Extension and Renovation Loans
  • Duly filled Application Form with photographs
  • Identity, date of birth and residence proof
  • Latest 3 month's salary slips or salary certificate
  • Form 16
  • Last 6 month's bank statements
  • Processing fees cheque
  • Duly filled Application Form with photographs
  • Identity, date of birth and residence proof
  • Educational Qualification Certificate & Business existence proof
  • Last 3 years Income Tax Returns along with Profit / Loss statement & Balance Sheet and the Gap between 2 ITR should be minimum 6 months.
  • Last 1 year bank statements
  • Processing fees cheque
  • Duly filled Application Form with photographs
  • Identity, date of birth and residence proof
  • Business profile & Business Existence Proof
  • Last 3 years Income Tax Returns along with Profit / Loss statement & Balance Sheet and the Gap between 2 ITR should be minimum 6 months.
  • Last 1 year bank statements
  • Processing fees cheque
  • Duly filled Application Form with photographs
  • Identity, date of birth and residence proof
  • Government Land Revenue records i.e. 7/12 & 8-A abstract
  • Duly stamped & signed printed 1 year milk statement
  • Last 12 month's bank statements
  • Processing fees cheque
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