Allahabad Bank Home Loan in Lucknow

Last Updated : May 5, 2018, 10:36 a.m.

About Allahabad Bank Home Loan in Lucknow

The City of Nawabs welcomes you with open arms, especially when you are looking for any sort of financial help. Yes, this beautiful city never leaves disappointed to those who are in urgent finances, and this is the reason that Lucknow is a hub of many leading lenders be it banks or NBFCs. And, Allahabad Bank is one such lender in the city that ensures to meet the diverse needs of all the residents. Being established in the year 1865, with an endeavor to deliver the best financial services and products to all its valuable customers, there is no denying the fact that this bank is still ensuring the same.

Yes, since its inception, it has been doing every possible bit to offer an enriching banking experience to the people around the globe. This is the reason that today this public sector lender has created its impact and has more than 3,071 branches located in many cities of the country. With the help of this geographical presence, there is no denying the fact that the only endeavor of the bank is to reach out all its customers in the best possible way. This geographical presence allows you to be in touch with the lender always so that when you are in need of the finances, you will get the same.

If we talk about the home loan offered by this leading bank, this credit facility comes to you at lowest interest rates, less processing fee and flexible tenures. Yes, you can avail this product at a fee of 0.40% of the loan amount for upto 30 years, hence can get closer to your dream home wish. So, if you are in Lucknow and want to know more about the home loan offered by Allahabad Bank, reading this page is helpful.

Allahabad Bank Home Loan Lucknow 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

Get More Info on Home Loan Lucknow

Address of Allahabad Bank Branches in Lucknow