Corporation Bank Home Loan in Jammu
Last Updated : May 5, 2018, 12:12 p.m.
About Corporation Home Loan in Jammu
When it comes to providing home loans in the budget, Corporation Bank is one of the top banks in India. In Jammu also, the bank has understood the needs of a home loan borrower on the basis of which it provides the service. The home loan interest rate at Corporation Bank is one of the lowest interest rates in the market along with the facility of a higher loan amount. With this unique combination, it is possible for the borrower to pay low EMI by choosing the tenure as per his comfort. So, to avail this home loan service in Jammu, apply now at your nearest Corporation Bank. In order to get quick approval for your loan, you must keep the documentation needed to apply for this loan so check eligibility now. Below are the Jammu branch details, eligibility criteria, home loan details of the bank.
Corporation Bank Home Loan Jammu at a Glance
Particulars | Details |
---|---|
Interest Rate | 8.60% - 11.20% |
Loan amount | For Metro Cities - ₹ 500 lakh Port Town(Other than Metro) and Urban Cities- ₹100 lakhs Semi Urban Cities-₹50 lakh Rural Cities -₹ 35 lakhs |
Tenure | 30 years |
Processing Fee | Corp 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 Charges | NIL |
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 Jammu
Corporation Bank Branches in Jammu
The branch address, IFSC Code, MICR Code and customer care details of Corporation Bank branches located in Jammu are mentioned in the table below:
Branch Name | Complete Address | IFSC | MICR | Contact Number |
---|---|---|---|---|
Jammu CPBB | Panama Chowk, Jammu-180006 | CORP0000644 | 180017002 | 0191-2473286 |
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