hi anshuman, dear all the banks have different loan processing norms for all the loan cases they receive and hence there is no such particular timeline for this.. firstly you should compare interest rates of different banks and then take look forward.. the following link will help you in the same..
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It's depend on your complete document if all required document is there then it will take max to max 10 days in TATA CAPITAL HOUSING FINANCE LTD. if u want more detail pl cont me on 9825064306 Himanshu shah.
– Different banks and HFCs have different processing time. Normally the processing time starts from the time all documents, as required by the bank, are submitted by the loan seeker. Typically a bank would take 2 – 4 weeks to process your loan, although the commitment is given for a lesser time. This time is taken to verify the documents submitted and to validate the credentials of the loan seekers. Banks that have de-centralized decision making are faster in loan processing compared to banks that have a centralized sanctioning authority.
It will take around 15 days for the processing of your application if your documents are in order. Make an application only if you are eligible for the loan since the HFC will not return the application-processing fee. It will take another week for the company to check out your property papers and make the disbursement.
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