Allahabad Bank Home Loan in Bengaluru

Last Updated : Feb. 27, 2020, 11:19 a.m.

About Allahabad Bank Home Loan in Bengaluru

Established in the year 1865 with a vision and mission to offer the best banking services to one and all, there is no denying the fact that Allahabad Bank is here to fulfill all your wishes. Yes, this public sector bank with its enormous range of financial products and best services makes sure that all your financial needs can easily be fulfilled. With over, 3,071 branches located at various cities of the country, the main endeavor of this leading bank is to reach out all its valuable customers in the best possible way.

Allahabad Bank is an 151 years old financial entity, and since its inception has been known for delivering the quality services and thoughtfully designed products. Amongst its many financial offerings, the bank offers the home loan to suit the diverse needs of all, especially those who want to buy their dream home in the wonderful city of Bengaluru. Yes, the people living in this hi-tech city always prefer to avail the services offered by this bank as everything that it offers is undoubtedly the best in every aspect.

When it comes to a home loan being offered by this reputed bank, it comes to you at an attractive interest rate for a tenure of upto 30 years along with a one-time processing fee of 0.40% of the loan amount. Not only this, the lender offers you the loan amount of upto ₹500 Lakh so that no matter how much amount you need, the same can easily be availed by you. Moreover, Allahabad Bank with a rich history, years of dedicated services and in-depth knowledge is leaving no stone unturned to make everyone satisfied in Bengaluru. Well, in case you want to know more about the home loan of Allahabad Bank, you just need to read the page further.

Allahabad Bank Home Loan Bengaluru at a Glance

Eligibility Criteria

• 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.

Documents Required

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

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Address of Allahabad Bank Branches in Bengaluru