Allahabad Bank Home Loan in Hyderabad

Last Updated : May 5, 2018, 10:33 a.m.

About Allahabad Bank Home Loan in Hyderabad

For all the Hyderabadis out there, here comes the good news. Are you excited to know the same? Well, of course! Let’s just break the suspense! Allahabad Bank with its long list of financial products and quality services leaves no stone unturned to deliver you the best banking experience. Yes, established in the year 1865 with a clear vision to transform the way people look at the Indian banking industry, it would not be wrong to say that this public sector bank has become the favourite of many. With plenty of product offerings, this renowned lender ensures to meet the diverse needs of one and all.

With its best of products such as home loan in demand, this reputed lender endeavors that all applicants can easily get the keys of their dream home. With competitive interest rates, lowest processing fee i.e. 0.40% of the loan amount, flexible tenures upto 30 years, there is no denying the fact that Allahabad Bank caters the needs of one and all. Moreover, with endless benefits, remarkable features and what not, this leading lender is here to deliver the best.

This Government of India Undertaking with its wide network of over 3,071 branches nestled at every nook and corner of the country, makes sure that it will always be in touch with the people of Hyderabad. No matter what you need and in which corner of the city, Allahabad City always ensures to satisfy you completely. Well, in case you want to know more about Allahabad Bank and its home loan, you just need to read the page further.

Allahabad Bank Home Loan Hyderabad 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 Hyderabad