होम  »  बैंकिंग  »  Loans  »  Home Loan  »  Allahabad Bank Home Loan

Allahabad Bank Home Loan

Loan Name Interest Rate Processing Fee Loan Amount Tenure
AllBank Housing Loan 8.80% - 9.10% 0.40% of loan amount up to Rs 500 lakhs 30 years
Details
Documents Required

  • Duly filled in application form along with 3 recent passports sized photographs
  • Proof of Identification (Any One): Passport/ PAN/ Election ID Card/ Driver’s License
  • Identity Card of Employer
  • Proof of Income: Recent 3 months salary slip or Salary Certificate from the currently employed organization.
  • Proof of Residence or Address (Any One): Aadhar Card/ Driving License/ Utility Bills including water bill, electricity bill, LPG bill, telephone bill/ Passport
  • Copies of documents related to the property that has been finalized for purchase
  • For Business Owners/ Self-Employed Persons: IT Returns, Profit & Loss Account, Audited Balance Sheets, Assessment orders, advance tax challans (for both company as well as firm and personal account) for the previous three years.
Benefits

  • Lower Interest Rates
  • No Hidden Charges
  • Easy equated monthly instalments which are easy on the borrower's pockets
  • Tenure of loan is spread over a long period of 30 years
Eligibility

  • The applicant should be a resident Indian.
  • The minimum age of the applicant should be 21 years.
  • The maximum age of the applicant should not be more than 70 years at the time of repayment of the loan.
  • Home loan for Hindu Undivided Family will not be considered.
  • The applicant should have a regular source of income.
Other Details

  • The maximum amount of loan available under all bank housing loan is up to Rs 500 lakhs
  • The loan can be availed for the construction of a residential house on land which is already owned by the applicant.
  • The loan can also be availed for renovation/extension/repair of the existing residential house which is owned by the applicant.
  • One can even apply for the loan to acquire a second residential loan.
All Bank Home Plus MCLR + 1.25% per annum 0 up to Rs 75,00,000 up to 25 years
Details
Documents Required

  • Duly filled in application form along with 3 recent passports sized photographs
  • Proof of Identification (Any One): Passport/ PAN/ Election ID Card/ Driver’s License
  • Identity Card of Employer
  • Proof of Income: Recent 3 months salary slip or Salary Certificate from the currently employed organization.
  • Proof of Residence or Address (Any One): Aadhar Card/ Driving License/ Utility Bills including water bill, electricity bill, LPG bill, telephone bill/ Passport
  • Copies of documents related to the property that has been finalized for purchase
  • For Business Owners/ Self-Employed Persons: IT Returns, Profit & Loss Account, Audited Balance Sheets, Assessment orders, advance tax challans (for both company as well as firm and personal account) for the previous three years.
Benefits

  • Lower Interest Rates
  • Tenure of loan is spread over a long period of 25 years
  • No Hidden Charges
  • Easy equated monthly instalments which are easy on the borrower's pockets
Eligibility

  • The applicant should be an Indian citizen
  • The applicant should have housing availed loan from Allahabad Bank and should have paid at least 12 regular monthly instalments.
  • The minimum age of the applicant should be 21 years
  • The applicant should have a regular source of income to repay the loan
  • The applicant should repay the loan up to the attainment of 70 years of age or 25 years (starting from the disbursement of the loan) whichever is less
Other Details

  • This loan is available to those existing customers of Allahabad Bank who have already taken a loan and has paid at least 12 months of EMI on a regular basis.
  • The rate of interest stands at MCLR + 1.25% per annum
  • The maximum amount of loan availed is Rs 75,00,000
तुरंत पाएं न्यूज अपडेट
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X