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Corporation Bank Home Loan in Chandigarh

Corporation Bank Home Loan in Chandigarh

Last Updated : April 26, 2017, 5:57 p.m.

About Corporation Home Loan in Chandigarh

Chandigarh is not only popular for its beauty and Rock Garden but also for the cleanliness. Having said that, many people want to have a home of their own in Chandigarh. Corporation Bank has won the hearts of many people when it comes to providing affordable home loans. Since the interest rates on home loans at the bank are one of the lowest interest rates in the market. Below is the documents checklist, home loan interest rate, eligibility criteria and Chandigarh branch details of Corporation Bank.

Corporation Bank Home Loan Chandigarh at a Glance

Interest Rate8.60% - 11.20%
Loan amountFor Metro Cities - ₹ 500 lakh
Port Town(Other than Metro) and Urban Cities- ₹100 lakhs
Semi Urban Cities-₹50 lakh
Rural Cities -₹ 35 lakhs
Tenure30 years
Processing FeeCorp Home-0.50% of loan amount, maximum of ₹ 50,000

Corp Ghar Shobha-0.50% of loan amount subject to a minimum of ₹ 10,000/-
Prepayment ChargesNIL

Eligibility Criteria

The eligibility criteria to apply for a home loan or housing loan at Corporation Bank is as follows:

  • Age of the applicant must be between 18 to 65 years with an independent and regular source of income.

Documents Checklist

The list of documents that an applicant must have at the time of applying for a home loan at Corporation Bank is as follows:

  • Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card
  • Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID
  • Income Proof-Latest Salary Slips & Form 16 for Salaried
  • Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years
  • Bank Account Statement for the Last 6 Months
  • Track record of existing loans, if any
  • Details of property you look to buy & construct

For more information, read Home Loan Chandigarh

Corporation Bank Branches in Chandigarh

The branch address, IFSC Code, MICR Code and customer care details of Corporation Bank branches located in Chandigarh are mentioned in the table below:

Branch NameComplete AddressIFSCMICRContact Number
Chandigarh S.C.O No.137 - 138, Sector-8 C, Madhya Marg, P.B.NO.209, Chandigarh-160018CORP0000319 1600170010172-2544238, 2782746
Chandigarh-CPBB SCO.493 - 494, Chandigarh P.O. Sector 35C, Chandigarh-160022CORP0000646 1600170040172-2621790
Chandigarh- Mini CapsSCO 137 - 138, 1st Floor, Chandigarh CORP0000938 1600170010172-2770664
ManimajraSCF : 22, New Motor Market, New Bus Stand, Manimarja, Chandigarh- 160101CORP0001477 160017012NA
Chandigarh Sector 38, Sco 171 Sector 38C, Chandigarh-160036 CORP0003067 NON-MICR5009171
Ludhiana SME Loan Centre Sco 16, Second Floor, Sec 32A Chandigarh Road Ludhiana CORP0003026 NON-MICR5203070
Chandreshekharpur Plot No. 307 - C, District Centre, Chandrashekharpur, Bhubaneshwar- 751016CORP0001432 751017006NA
Cuttack Road NO 333, Bomikhal, Cuttack Main road, Thanalaxmisagar, Bhubaneshwar-751006 ORISSACORP0003095 NON-MICR0-9658966710
KIIT Square Bhubaneshwar Plot No. 306, 1815 Khata No. 474 103, Near Big Bazarm KIITS Square Patia, BhubaneshwarCORP0003417 NON-MICR7682820411

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