Allahabad Bank Home Loan in Pune

Last Updated : March 16, 2017, 9:24 a.m.

About Allahabad Bank Home Loan in Pune

Commonly known as a hi-tech and coolest city of the country, it would not be wrong to say that Pune is an ideal in many ways. Yes, it is not only a hub for those who are looking for great career opportunities in the IT industry, but also suits those who need financial help. Yes, and to help those people out, Allahabad Bank with its legacy of more than 151 years is ensuring to deliver the best financial services and products to all its valuable customers. Established in the year 1865 with an endeavor to transform the way people look at the banking industry, there is no denying the fact that Allahabad Bank is a name to reckon with.

This public sector bank with its enormous range of thoughtfully designed products such as home loan, this lender caters the diverse needs of one and all. However, if we talk about this product, people can easily avail the same at competitive interest rates, a processing fee of 0.40% of the loan amount along with a tenure of up to 30 years. Not only this, the home loan offered by this renowned bank also comes with multiple benefits and features like simple documentation, fastest disbursal and quickest approval. Yes, that’s right! All this and much more can easily be availed by you that actually allows you to enjoy your loan journey in a hassle-free manner.

This Government of India Undertaking with more than 3,071 branches located at different cities, there is no denying the fact that Allahabad Bank is here to rule. This is the reason that this lender has created its own identity in the banking sector, fulfilling the needs of many. So, if you are someone who is looking for something more, this page is worth reading below.

Allahabad Bank Home Loan Pune 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 Pune

Address of Allahabad Bank Branches in Pune