Allahabad Bank Gurugram

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About Allahabad Bank

The beautiful city of Gurugram never disappoints those who are looking for any sort of financial help. Yes, you read that right! With the presence of Allahabad Bank, this wonderful city makes sure that the needs of all its customers can easily be fulfilled. Yes, this public sector bank was actually established in the year 1865 with a strong vision and mission to change the way people look at the Indian banking system. Keeping this thought in mind, the lender offers an exclusive range of financial products such as car loan, property loan, personal loan and education loan to choose from.

Moreover, the best thing about this reputed bank is the fact that since the day it was formed, there is no looking back for it. Yes, with its innovative approach, strong brand ethos and unique product range, this Government of India Undertaking makes sure to satisfy all in the least time frame. Not only this, with over 3,071 branches located at various locations, the only endeavor of the bank is to cater the multiple needs of the customers in a hassle-free manner, being available 24×7. Furthermore, if you want to know more about Allahabad Bank available in Gurugram, reading this page is worth for you.

Allahabad Bank Gurugram Branches

Branch NameAddressIFSC CodeMICRCustomer Care
Gurugram565, Railway Road Near Sector 4 - 7 Crossing, Gurugram Haryana, Pin: 122001ALLA02119381100100410124-2334590, 2336585,
ManesarShop No.2 Cp - 1, Sector - 8, Imt, Manesar, Dist Gurugram, HaryanaALLA02124621100100758800718643
Sona Road GurugramShop No. 26, 27, 28, Ninex Cit Mart, Sohna Road Gurugram- 122001ALLA02124781100100769968276286
DaultabadVillage Daulatabad, Near Govt Senior Secondary School. - GurugramALLA02125541100100911242468120
Sushant LokRnyc Tower, Shop No 2& 3, South City I, Gurugram - 122001ALLA02125271100100870124-2383591
SohnaBye Pass, Main Sohna Road, Sohna - 122 103. Dist GurugramALLA02125711100100959899567717,
Gurugram Sect 15391/1 Acharyapuri, Gurugram- 122001ALLA02125721100100969811213592
BajgheraNear Shiv Mandir, Najafgarh Road, Village- Bajghera, P.O. Palam Vihar, Tehsil & District- Gurugram, Haryana- 122017ALLA02126101100100979990845548
NuhCivil Lines Road, Main Civil Lines, Nuh Dist. Mewat, Haryana - 122107ALLA021262311001010201267- 274003
TauruWard No 4, Main Sohna Rewari Road, Opp. City Police Check Post, Tauru (Dist.Mewat) Haryana - 122105ALLA021262911001010101267-282047
PataudiNear Vishwas College Of EducationALLA02126301100101009818743619
Gurugram Sector 56Sco 60, Huda Market, Sector 56ALLA02126571100101059891369936
Gurugram Sector 9Sector 9 Basai Chowk Gurugram 122001ALLA02126861100101119953416711
Garhi HarsaruAllahabad Bank, Garhi Harsaru, Opposite Shiv Mandir, Near High School, Near Main Chowk, Distt. Gurugram, Haryana- 122505ALLA0212710
Farukh NagarAllahabad Bank, 386/7, Farukh Nagar, Near Canara Bank, Gurugram 122506, HaryanaALLA02127240124-2375004
Palam ViharPlot No 525 Saini Plaza Market Opp H Block, Ansal Palam Vihar, Gurugram - 122017ALLA02129271100101349999131842
Hero Honda Chowk Gurugram10 By 38 Rajiv Colony Nh8 Gurugram HaryanaALLA02130951100101429990845548
UllahawasVillage Ullawas Post Kadarpur, Tehsil Sohna, Dist Gurugram, Haryana, Pin 122101ALLA02130961100101449999989822
Sikanderpur BadhaMain Road Village Sikanderpur Badha Dist, Gurugram - Haryana -122004ALLA02134071100101579643000530

Products Offered by Allahabad Bank in Gurugram

Ranging from property loan, education loan, home loan, personal loan to car loan, this renowned lender ensures to offer all. This is the reason that people living in the beautiful city of Gurugram prefer to avail these products from this bank. However, to avail these products, you also need to know their eligibility criteria. And, this you can easily know after reading the below table. So, go through the page further and grab all the details of your favourite financial product offered by Allahabad Bank.

Basic Details of Allahabad Bank Loans

ProductEligibilityInterest Rate
(in p.a.)
Loan AmountTenureProcessing Fee
Home Loan The minimum age of the applicant at the time of availing the loan should be 21 years.
The maximum age of the applicant at the time of loan maturity should be 70 years.
An individual must have a regular source of income to liquidate the loans.
The housing loan to HUF will not be considered.
The employees who have availed housing loan from their own organizations may also avail housing loan from the bank.
8.40% - 9.00%Up to ₹500 Lakh(depends on combined income)30 Years0.40% of the loan amount, maximum ₹17,250
Personal Loan Pensioners:
Age of the pensioner should not exceed 73 years (Seventy three years) as on the date of disbursement of loan and loan should be fully repaid before attaining the age of 75.
Doctors:
Individual Doctors & Medical Practitioners. Maximum age: 65 years on date of sanction of loan.
8.45% - 12.95%₹25,000-Amount equivalent to annual income or ₹ 5.00 lacs, whichever is less48-60 MonthsNil-1.22% of loan Minimum ₹614
Car Loan Salaried Person :Minimum gross monthly income of ₹ 25,000/-

Agriculturist : Minimum 5 acres of irrigated land holding

Professional & Self-Employed / Businessmen : An IT assessee. With full collateral security, IT assessment order / IT return may be waived.

Retired individuals : Drawing monthly pension of ₹ 15,000/= and above.
Firm/ Companies: Net profit is sufficient to meet repayment of Car Loan
8.95%Maximum of 3 times of Net Annual Income / Net Annual Salary.

Income of spouse / father/ mother/ son/ unmarried daughter can also be clubbed, provided he/she/they become the co-borrower
For New Vehicle :
Individuals: Maximum 84 Months

For Firm/ Companies: Maximum 60 Months

For Pre-owned Vehicle : Maximum 60 months / Residual life of the vehicle, whichever is lower
0.50% of loan Maximum ₹5,750 (Allahabad Bank Employees- NIL)
Property LoanMinimum 21 years & maximum 70 years at the time of sanction of loan.
In case of Firms/ Companies/ Society/ Trust, it should be minimum five years old.

Individual: Income should be minimum ₹1.20 Lacs per annum.
Joint Borrower: While computing quantum of loan in case of joint borrowers, income of all borrowers will be clubbed.
In case of firm/ Company, Net Cash generation (after adding back depreciation) is considered as income for calculation of loan amount and considering repayment capacity.

However, the income will be taken as per audited balance sheet/ IT return of last financial year.
In case of firm, personal income of proprietor/ partners and in case of company personal income of Directors may be clubbed with the income of firm /Company if the source of income is different.
14.1%₹5.00 Lakh-200.00 Lakh108 Months Above ₹150 Lac: 0.31%, Min ₹92115
Education Loan Studies in India (Indicative list):
Approved courses recognized by UGC/ Govt. / AICTE/ AIBMS/ ICMR etc.
Studies abroad:
For job oriented professional/ technical courses offered by reputed universities.
8.95%-10.6% Study in India:
Up to ₹20 Lakh depending on the Institute.
Study abroad: ₹50 Lakh
Upto 15 Years For studies in India
For loan amount above ₹10.00 Lakh -- 0.15%, maximum of ₹3,000/-
For studies abroad
For loan amount above ₹20.00 Lac -- 0.10%, maximum of ₹5,000/-

Documents Required

ProductDocuments
Home Loan Duly Signed Application Form with Photograph
ID Proof
Residence Proof
Processing Fee Cheque
Latest Bank Statements
Property Related Documents-Allotment Copy, Property Agreement Copy, Registration Copy,etc.
Salaried Applicants:
Salary Slips of Last 3-4 Months and Form 16 of Last 2 Years
Last 3 Years ITR with Computation of Income
Last 3 Years CA Certificate/Audited Balance Sheet and Profit and Loss Account
Self-employed Applicants:
ITR of Last 2-3 Years
Profit and Loss Account and Audited Balance Sheet of Last 2-3 Years
Personal Loan Salaried:
Photo ID and age proof
Signed application form with photograph
Residence proof
Last 6 months bank statement
Last 3 months salary – slips
Form 16 or Income Tax Returns

Self-employed:
Photo ID and age proof
Signed application form with photograph
Residence proof
Last 6 months bank statement
Last 3 years Income Tax Returns with computation of Income
Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account
Car Loan Duly signed application form
Photographs
ID Proof
Age Proof
Income Proof
Residence Proof
RC Copy
Used Car-Valuation Copy
Business establishment proof for self-employed:Sales Tax Registration/ VAT Registration/ Service Tax Registration
Utility bills of shops and establishments, etc.
Property Loan Salaried Customers
Loan application form with passport size photographs
Proof of identity and residence proof
Current bank statement and latest salary slip
PAN Card / Form 60
Last 6 months bank transactions statement
Cheque for the processing fee

Self Employed Professionals
Complete loan application form with passport size photographs
Address proof and identity proof
Current bank statement and latest salary slip
Last 3 years income tax certificate for both business and self, last 3 years profit and loss statements and balance sheets
Last 6 months bank transactions statement
Cheque for the processing fee

Self Employed Businessman
Loan against property application form with passport size photographs
Proof of identity and proof of address
Current bank statement and latest salary slip
Profit and loss statements of last 3 years and balance sheet and last 3 years income tax returns (self and business)
Last 6 months bank transactions statement
Cheque for the processing fee
Education Loan Admission letter from the educational institution in which you have got admission giving details of year wise fee, boarding and lodging expense and letter confirming scholarship if you have been accorded any.
Attested copies of age proof, residence proof and birth date.
Self attested passport size photograph of applicant, co applicants and guarantor.
Copy of degree certificates and mark-sheet of previous qualified course
Income proof/latest tax return of co applicants, parents, guarantor (if any).
Details of collateral security along with government approved valuation certificate (if any).
Bank account statement of applicant, copy of passport and visa in case of abroad.

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