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Home Loan Details
Home Loan In Bangalore
A home is probably the greatest speculation you will make in your life. What's more, more than that, it is a fantasy worked out for your family and you. We comprehend what this way to you and our home advances make it as simple and advantageous as workable for you to claim a home of your decision. With simple computerized forms, snappy payment, a huge number of pre-endorsed ventures and serious home advance financing costs, our lodging credits will make your home purchasing process a simple and hassle-free affair.
A Home loan is used to buy an under construction or completed houe or for the construction of property on a land. The house for which the loan is taken is kept as mortgage with the Bank as collateral.
Interest Rate Range: 6.75% to 10.5% (Annual rate of interest)
Minimum and maximum period for repayment Period): 5-30 Years
Processing Fee : 0.5%-1% of the loan amount
Documentation Fee : Rs 1200-2000
Representative Example:
For a loan amount of 30 lakh @ 11% interest rate, Total payment in 3 years will be Rs 39,13,640 out of which interest paid will be Rs 9,13,640
List of Documents:
1) ID Proof - Pan Card , Aadhar Card, Passport Copy
2) Minimum age - 21 years
3) Valid Bank Account
4) Last 3 months Income Proof
5) Valid Address Proof 6) Last 2 Years Form 16 / Last 2 Years ITR copy 7) Co-applications Docuemnts same as Applicant's - If applicable
2) Minimum age - 21 years
3) Valid Bank Account
4) Last 3 months Income Proof
5) Valid Address Proof 6) Last 2 Years Form 16 / Last 2 Years ITR copy 7) Co-applications Docuemnts same as Applicant's - If applicable