Housing Loan: Corporation Bank Eligibility Resident individual either singly or jointly /NRI/PIO , between 18 to 65 years, with independent and regular source of income. In addition to spouse, maximum of one close relative [ Father, Mother, Spouse, Daughter, Son, Sister, Brother] may join as co-applicant to supplement repayment capacity. Where the property to be mortgaged is jointly owned by close relatives, all the joint owners shall join as co applicants, irrespective of their age and numbers. Project to cost Purchase price only. Registration Charges, Stamp Duty, Documentation Charges not to be included in the project cost. Where the cost/price of house/dwelling unit does not exceed Rs.10 lakh, Registration Charges, Stamp Duty, Documentation Charges will be included in the project cost. Purpose For construction of house/flat, purchase of ready built house/flat/flat under construction. Take over of housing loan from other banks/Institutions. Purchase of site and const...