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Allahabad Bank Home Loan in Jammu

Allahabad Bank Home Loan in Jammu

Last Updated : May 5, 2018, 10:35 a.m.

About Allahabad Bank Home Loan in Jammu

If you are in Jammu and are looking for any sort of financial help, especially in the form of the home loan, Allahabad Bank is ideal for you. Established in the year 1865 with a vision and mission to transform the way people look at the indian banking system, there is no denying the fact that this public sector bank with its widest range of financial offerings ensures to cater the diverse needs of one and all. Moreover, with over 3,071 branches can easily be found at many cities, this Government of India Undertaking makes sure that it will always be in touch with all its valuable customers.

However, amongst its many financial products, Allahabad Bank home loan has always been high in demand as it comes with a list of features and benefits to avail. Yes, that’s right! The home loan offered by this leading lender can easily be availed by an individual at competitive interest rates, lowest fee & charges, easy tenures and last but not the least with maximum loan amount. This is the reason that people of Jammu trust this lender when looking for financial help. The processing fee of 0.40% of the loan amount along with a tenure of upto 30 years and much more is being available with this credit facility.

Loaded with plenty of other remarkable features and benefits, this product has always been in demand, hence caters the need of one and all. Furthermore, the best thing about this bank is the fact that since the day it was formed it has been best known for meeting the financial needs of all. Hence, to know more about this reputed bank and the home loan it offers, you just need to read the page below.

Allahabad Bank Home Loan Jammu 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 Jammu

Address of Allahabad Bank Branches in Jammu

Branch NameAddressIFSC CodeMICRCustomer Care
Jammu67, Vir Marg, (Residency Road) Jammu Tawi Jammu & Kashmir Pin 180 001, Pin: 180001ALLA02104731800100010191-2573486
Jammu Bahu PlazaShop No. 16A & Show Room No.3 Ground Floor, South Block B - 2, Bahu Plaza, Rail Head Complex, Jammu - 180004ALLA02120621800100020991-2472493
SrinagarSrinagar, Stadium Road Opposite : Iqbal Park, Srinagar Jammu & Kashmir, Pin: 190001ALLA02106211900100020194-2455700
Katra VaishnadeviKatra Vaishnadevi, Hotel Mount View, Katra Jammu Road, Dist Udhampur Jammu & Kashmir, Pin: 0ALLA021209818201020101991-232778
Jammu - Transport NagarPlot No 8, Narwal Road, Transport Nagar, Jammu Pin - 180012ALLA021269518001000396975-01520
Talab TilloOpp- Royal Estate Banquet Hall, Jammu-Poonch Highway, Talab Tillo, Jammu-180002ALLA02133841800100049419140654
Gandhi NagarGurudwara Baba Fateh Singh, Gandhi Nagar, Jammu- 180002ALLA02133851800100059419104585
Bari BrahmanaAllahabad Bank Near Jk Oil Mill, Nh 1A Bari Brahmana Distt. Samba Jammu And Kashmir 181133ALLA02134491800100069419181825

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