Allahabad Bank Home Loan in Bhubaneswar

Last Updated : March 7, 2017, 10:49 a.m.

About Allahabad Bank Home Loan in Bhubaneswar

Being a public sector bank of the country, there is no denying the fact that Allahabad Bank, a 151 years old financial entity is a name to reckon with. Yes, that’s right! This Government of India Undertaking was established in the year 1865 with a vision and mission to bring a drastic change in the Indian banking industry. However, the best thing about this lender is the fact that since its inception, it has been ensuring to live upto its promise and making that all its financial products can meet the diverse needs of one and all.

When it comes to offering the financial products, this bank has a long list in its kitty, but the home loan is one such credit facility offered by Allahabad Bank that has always in demand. Now, this financial product, can easily be availed by all individuals at attractive interest rates for a tenure of upto 30 years along with paying a one-time processing fee of 0.40% of the loan amount. Moreover, the best thing about this credit facility is the fact it comes with multiple unmatched features and remarkable benefits such as it is available to you with a simplified process, minimal documentation, quick disbursal, fastest approval and last but not the least flexible repayments periods.

This is the reason that people living in the beautiful city of Bhubaneswar prefer to avail the financial services and products being offered by this renowned lender. Furthermore, in this wonderful city there are various other reputed lenders are there, but when it comes to offering the best, no one is better than Allahabad Bank. Yes, that’s right. WIth its thoughtfully designed home loan product, this lender ensures to always enrich the experience of all its valuable customers nestled at different corners of the country. To know more about Allahabad Bank and its home loan product being available in the Bhubaneswar city, this page is worth reading below.

Allahabad Bank Home Loan Bhubaneswar 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

Know More About Home Loan Bhubaneswar

Address of Allahabad Bank Branches in Bhubaneswar