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Corporation Bank Home Loan in Indore

Corporation Bank Home Loan in Indore

Last Updated : May 5, 2018, 12:11 p.m.

About Corporation Home Loan in Indore

Indore is one of the most popular cities in Madhya Pradesh and is also one of the 100 Indian cities to be under Smart Cities Mission and an urban development vision to integrate multiple information and communication technology. The population of high earning people is very high which directly increases the demand for home loans in Indore. Corporation Bank is one of the few banks in Indore that provides affordable home loans at one of the lowest interest rates. So, have a look at the home loan details and other related information to apply for a home loan at Corporation Bank and get instant approval.

Corporation Bank Home Loan Indore 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.

Documentation Required

The documents checklist 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 Indore

Corporation Bank Branches in Indore

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

Branch NameComplete AddressIFSCMICRContact Number
Indore Main63 M G Road, Singapore Market, Indore-452001CORP00002904520170020731-2513000, 2513001
New Palasia CPBB14/1, New Palasia, Kanika, Indore-452001CORP00006454520170030731-2548321
Indore Mini CAPSMini Campus, Regal Square, IndoreCORP00009314520170010731 2525222
KodariyaMain Road, Kodariya, IndoreCORP0001407453017001NA
DharampuriPlot No. 142, Opposite Petrol Pump, Village Dharampuri, Tehsil Sanwer, Indore- 453551CORP0001524453017501NA
KishanganjPlot No.1, Chinar Residency, Mewara Garden, A B road, VIllage Kishanganj, Indore-453446,CORP0001883NON-MICR9993069992
Bengali ChourahWide Road Goyal Nagar, Bengali Chourah Near Shakuntala Devi Nursing Home-452008CORP0003034NON-MICR7805021237
Annapurna RoadPlot No. 7, Usha Nagar Extension, Sudama Nagar Road, IndoreCORP00030444520170062485988
Sapna Sangeeta RoadProfessor Colony, Bhawarkuan Square A B Road, IndoreCORP0003051NON-MICR2461146
BairagarhShop No. 24 25 26, Sehore Naka, Bhopal Indore Road, Bairagarh, IndoreCORP0003052NON-MICR2644291
VijayanagarPlot No. 51, Vijayanaga, Near Satya SA A B Road, Indore-452010CORP0003085NON-MICR731-2578441
New Loha MandiPlot No. 75 A, New Loha Mandi Scheme No. 78 I Main RoadCORP0003386NON-MICR7024108778

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