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Corporation Bank Home Loan in Chennai

Corporation Bank Home Loan in Chennai

Last Updated : May 5, 2018, 12:10 p.m.

About Corporation Home Loan in Chennai

When it comes to home loans, a borrower always looks for a lower rate and a higher loan amount. Having said that, the home loan at Corporation Bank offers one of the lowest interest rates on home loans and is hence very much in demand in Chennai. So, if you are also planning to apply for a home loan in Chennai, check eligibility now for Corporation Bank Home Loan along with the documents checklist required for this loan. Below is the loan amount, home loan interest rate, tenure, and Chennai branch details of Corporation Bank.

Corporation Bank Home Loan Chennai at a Glance

ParticularsDetails
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 Chennai

Corporation Bank Branches in Chennai

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

Branch NameComplete AddressIFSCMICRContact Number
George Town49, Armenian Street, p.B. No. 237, George Town, Chennai-600001CORP0000005600017002044- 25341636
MylaporeTemple Square 22, North Mada Street, Mylapore, Chennai-600004CORP0000049600017007044-24641933, 24642853
Whites Road38, 39 Whites Road, Chennai- 600014CORP0000122600017006044-28524258, 28525191
Kellys Corner12, Ormes Road, Kilpauk, Chennai-600010CORP0000123600017004044-26412272, 26427191
Indira Nagar37, First Avenue, Indira Nagar, Chennai-600020CORP0000124600017003044-24419083, 24413350
Mint Street378, Mint Street, Sowcarpet, Chennai-600079CORP0000149600017005044-25381299, 25362969
Tambaram SanatoriumNo.7, Railway Station Road, Tambaram Sanatorium, Chennai-600047CORP0000469600017008044-22412153, 22384164
Anna NagarBlock AA, 144 III Avenue, Anna Nagar, Chennai-600040CORP0000487600017009044-26269162, 26206639
T NagarVenkatanarayan Road, T Nagar, Madras-600017CORP0000491600017010044-24348635
PBB27 White RoadCORP0000504600017011044-28546803

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