Allahabad Bank Home Loan in Chennai

Home Loan

Eligibility & Quotes from top PSU & Pvt. Banks | Lowest Interest Rates | Comfortable Tenure

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    About Allahabad Bank Home Loan in Chennai

    The beautiful city of Chennai is calling to those who are in urgent need of finances. Yes, if you are looking for any sort of financial help in the form of a home loan, Allahabad Bank is the answer of all your questions. The bank offers the best financial products and quality services to meet the varied needs of all its valuable customers around the globe. Created its niche in the Indian banking sector since the day it was formed in the year 1865, there is no denying the fact that this public sector lender has been striving hard day and night to deliver the best banking experience.

    Well, the bank offers plenty of unique and best financial products to choose from, but if we talk about home loan, it is in itself unique in many ways, hence has grabs the attention of many. Right from lowest interest rates, quick disbursal to minimal documentation and easy repayment, this credit facility comes to you without any hassle, hence gives you an opportunity to buy a dream in the gorgeous Chennai. This credit facility is available for all the individuals for a tenure of upto 30 years along with a processing fee of 0.40% of the loan amount. Apart from this, the maximum loan amount being offered by the bank is ₹500 Lakh so that no matter how much loan you need, the bank offers you the same easily.

    With over 3,071 branches around the country, the objective of the bank is to cater the needs of all its valuable customers and reach out them in the least time frame. Keeping this thing in mind, people of Chennai trust Allahabad Bank when they want to avail the home loan. If you are looking something more about this leading bank and the home loan it offers, kindly read the page below.

    Allahabad Bank Home Loan Chennai at a Glance

    Interest Rate (in p.a.)8.75% - 9.90%
    Loan AmountUp to ₹500 Lakh
    Tenure30 Years
    Processing Fee0.40% of the loan amount, maximum ₹17,250
    Pre- payment ChargesNil

    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 Chennai

    Address of Allahabad Bank Branches in Chennai

    Branch NameAddressIFSC CodeMICRCustomer Care
    Mount Road Branch, Chennai41, Anna Salai, Mount Road, Chennai - 2ALLA0210218600010002044-28516194/ 044-28585641/044-28549262
    George Town, Chennai49, Armenian Street, Oreintal Building, George Town, Pin - 600001ALLA0210407600010003044-25342366/ 044-25340149/044-25357356
    Jawaharnagar12, First Main Road, Jawaharnagar, Chennai - 600082ALLA0210724600010005044-26705566
    Salem104/A, Arunachalan Achari St., Salem - 636001 Tamil Nadu Tamilnadu Salem Tamilnadu 636001ALLA02108706360100020427-2267083
    Mylapore, Chennai69, Royapettah High Road, Mylapore, Pin - 600004ALLA0210910600010006044-24980671,
    Annanagar, ChennaiE - 4, 3Rd Main Road, Annanagar (West), Pin - 600102ALLA0211042600010004044-26263882
    AdyarNo. 19, Padmanabanagar, Ist Street, Adyar, Tamilnadu Tamilnadu, Pin: 600020ALLA0211103600010007044-24917036/ 044-24917046
    Chennai V P Colony40/41, Mount Road, Chennai - 600002ALLA0211291600010008044-26460575
    T.Nagar, Chennai20, Sir Thyagaraya Road, T.Nagar, Pin - 600017ALLA0211529600010009044-24346650/ 044-24311999
    Thousand Lights700, Mount Road Chennai Tamilnadu 600006ALLA0211821600010010044-28297093/ 044-28297083
    Chennai Tondiarpet144 Ga Road, Tondiarpet Chennai - 600081 Tondiarpet TamilnaduALLA0211881600010011044-25953803
    Ambattur VijayalakshmipuramVijayalakshmipuram, 4A Murugappa Ready St. Extn., Ambattur Venkatapuram, Tamilnadu 600053ALLA0211909600010012044-26570850
    International Branch41, Anna Salai, Chennai - Pin – 600002 .ALLA0211957600010013044-28546272/ 044-28547497
    Mogappair East1 - C, Ist Main Bazar Road, Mogappair - East Chennai Tamilnadu 600037ALLA0212083600010014044-26566633
    Chennai Purasawalkam11/1, (New No. 23) Vellala Street, Purasawalkam, Chennai Tamilnadu 600084ALLA0212118600010015044-26421188
    Srcm, ManapakkamBabuji Memorial Ashram, World Headquarters 39 Srcm Road Manapakkam Chennai Tamilnadu, Pin: 600016ALLA0212154600010016044-22522954
    Krishna GiriNo 224 - A Chennai Salai Near Round Tana Krishnagiri Chennai Pin - 635001ALLA021231663501000204343-232232
    PathamadaiPathamadai Cheranmadevi Block, Ambasamudram Taluk, TamilnaduALLA021232004634-261766
    Chennai Recovery BranchChennai Recovery Branch, 112, Sir Thyagaraya Road, T. Nagar, Vairam Complex Chennai Tamilnadu, Pin: 600017ALLA0211998044-28152417
    Jafferkhanpet, ChennaiJafferkhanpet, Chennai, Allahabad Bank, Jafferkhanpet Branch, Chennai, No. 98, Pillaiyar Koil Street, Jafferkhanpet, Pin: 600083ALLA0212412600010025
    K.K.Nagar, ChennaiK.K.Nagar, Chennai, Allahabad Bank, Kk Nagar Branch, Chennai, No. 1, Kalinga Colony, Pt Rajan Salai, Pin: 600078ALLA0212413600010022
    Service Branch ChennaiService Branch Chennai, Oriental Building, 47, Armenian Street Chennai - 600 001 Chennai Tamilnadu, Pin: 600001ALLA0211866044-25358642,
    Thiruvanmiyur, ChennaiThiruvanmiyur, Chennai, Allahabad Bank, Thiruvanmiyur Branch, Chennai, New No. 2, Old No.14 Sivasundar Avenue, Thiruvanmiyur, Pin: 600041ALLA0212414600010023
    MedipakkamMedipakkam, Allahabad Bank, Madipakkam Branch, Bama Complex, Plot No.3 Madipakkam Main Road, Pin: 600091ALLA0212415600010024
    TambaramTambaram, Allahabad Bank, Tambaram Branch, 19, Sivashanmugam Street, Tambaram (West), Pin: 600045ALLA0212398600010021
    PorurPorur, Allahabad Bank, Porur Branch, No. 3, Guruswamy Nagar Extension Mugalivakkam, Porur, Pin: 600116ALLA0212395600010019
    VelloreVellore, Plot No.83, Guruthoppe, Phase - 2 Sathuvachary Vellore 632009 Tamilnadu, Pin: 632009ALLA02121166320100020416-2258477,
    Chennai Sa Engg.CollegeS A Engg. College, Veeraraghavapuram, Tiruverkadu, Chennai - 600077ALLA02124906000100269381815931
    NanganallurPlot No. 18, Door No 6, Guru Anugraha Flats, 17Th Street, Nanganallur, Chennai 600061ALLA02130446000100279444954166
    OragadamNo 3 By 32, N S Kalaivanar Street, Chenakuppam, Oragadam 602105ALLA02130666000100289842889842
    PallavaramNo.3, Pammal Main Road, Pallavaram, Chennai 600043ALLA02130846000100299444895144
    NolamburPlot No 1, V G N Nagar, Phase I, Nolambur, Chennai 600037ALLA02132446000100309003158089

  • Home Loan Interest Rates February 2024
    Axis Bank8.75% - 9.15%
    Bank of Baroda8.50% - 10.60%
    Citibank8.75% - 9.15%
    HDFC8.50% - 9.40%
    ICICI Bank9.00% - 9.85%
    Indiabulls Housing Finance Limited8.65%
    Kotak Bank8.70%
    LIC Housing8.50% - 10.50%
    Piramal Capital & Housing Finance10.50%
    PNB Housing Finance8.50% - 10.95%
    Reliance Home Finance8.75% - 14.00%
    State Bank of India/SBI9.10% - 9.65%
    Tata Capital8.95% - 12.00%