Corporation Bank Home Loan in Kochi
Last Updated : April 27, 2017, 11:56 a.m.
About Corporation Home Loan in Kochi
Kochi or Cochin is a city in India’s coastal Kerala state and is popular for mesmerizing natural beauty. Having said that, there is a good possibility that Kochi will be India’s next real estate hotspot. Kochi is also the first Tier-II city to propose metro rail and all of this all together has increased the demand for homes and hence home loans. Hence, if you are also planning to a have a home of your own in this paradise, Corporation Bank home loans have one of the lowest interest rates giving you the option to choose the tenure and hence pay low EMI. Check eligibility now and the documentation needed to apply for this loan and get instant approval. Below are the Kochi details so you can apply at your nearest branch.
Corporation Bank Home Loan Kochi 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.
Documents 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 Kochi
Corporation Bank Branches in Kochi
The branch address, IFSC Code, MICR Code and customer care details of Corporation Bank branches located in Kochi are mentioned in the table below:
Branch Name | Complete Address | IFSC | MICR | Contact Number |
---|---|---|---|---|
Kochi (Cochin) | I Floor, Star Junction, Mattancherry, Kochi | CORP0000028 | 682017004 | 0484-2227148 |
Ernakulam | Radhakrishan Bldg, Ernakulam - Cochin - 682031 | CORP0000077 | 682017002 | 0484-2351712, 2353648 |
Ernakulam - Ravipuram | Vettal Chambers, M G Road, Kochi - 682016 | CORP0000131 | 682017006 | 0484-2357403 |
Elamakkara | Raghvan Pillai Memorial Bldg, Pudukkalavattom Road, Elamakkara, Kochi - 682026 | CORP0000227 | 682017003 | 0484-2408949, 2538727 |
Kochi | I Floor, M.G. Road, Ernakulam, Kochi | CORP0000519 | 682017001 | 0484-2359186-87 |
Ernakulam Vyttila | Vyttila Dist: Ernakulam - 682019 | CORP0000672 | 682017007 | 0484-2305711, 2305677 |
Palarivattom | Vasudev Complex, Palarivattom, Kochi - 682025 | CORP0000699 | 682017008 | 0484-2333150, 2333151 |
Sannidhi Road | 39/4083 - B Krishnanjali Buildings, Ravipuram Temple Road, Ravipuram, Ernakulam, Kochi - 682016 | CORP0000893 | 682017013 | 0484-2359413 |
LIC of India - Thoppumpady | LIC of India, Edathil Building, Cc 16/990 - 3, Pt Jacob Road, Thoppumpady, Kochi - 682005 | CORP0002126 | 682017012 | 0484-2211912 |
Vallarpadom | 1st Floor, Rose Arcade, Panambukad Road, Vallarpadom, Ernakulam-682504 | CORP0001575 | 682017016 | 0484-2751801 |
Panampilly Nagar | 60 By 8, A Ground Floor, Opposite Mpeda Kizhavana Road, Panampilly Nagar, Kochi 682032, Kerala | CORP0001974 | NON-MICR | 9446536022 |
Panayikullam | Mandayapurath Building | CORP0003040 | NON-MICR | 2512254 |
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