Corporation Bank Home Loan in Jammu

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

ParticularsDetails
Interest Rate8.50% - 9.30%
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 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 NameComplete AddressIFSCMICRContact Number
Jammu CPBB Panama Chowk, Jammu-180006CORP00006441800170020191-2473286

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