Corporation Bank Home Loan Mumbai - Rates February 2024, Eligibility, IFSC, EMI

Corporation Bank Home Loan in Mumbai

About Corporation Home Loan in Mumbai

Mumbai- ‘The City of Dreams’ is an amazing place to settle down since there are immense opportunities for each segment of people. If you have plans to buy your dream home in Mumbai, Corporation Bank is here to help you. The interest rates offered by the bank are one of the lowest interest rates on this loan and there is also the option of a longer tenure which results in low EMI. You can apply now for a home loan at your nearest Corporation Bank branch in Mumbai and get instant approval. So, check eligibility now and the documentation needed to apply for this loan. Read below the home loan details, eligibility criteria and Mumbai branch details to start the procedure.

Corporation Bank Home Loan Mumbai 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.

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 Mumbai

Corporation Bank Branches in Mumbai

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

Branch NameComplete AddressIFSCMICRContact Number
Fort MumbaiVeena Chambers, 21, Dalal Street , Fort, Mumbai 400023CORP0000024400017008022-22651744
MandviKatha Bazar, Mandvi, Mumbai - 400009CORP0000038400017015022-23441417
ShivajiparkBarkha Cinema Bldg, Manmala Tank Road, Mahim, Mumbai - 400016CORP0000057400017018022-24318918, 24308510
KalbadeviNew Hanuman Galli, Kalbadevi, Mumbai - 400002CORP0000058400017011022-22063567
WadalaLaxmi Nivas, Katrak Raod, Wadala, Mumbai - 400031CORP0000106400017020022-24166792
VersovaJayaprakash Road, Andheri [West], Mumbai - 400053CORP0000114400017019400017019
Mumbai - Central24, Maratha Mandir Marg, Mumbai Central - 400008CORP0000115400017010022-23006970, 23087517
BandraBaitul Sharaf, 105, Hill Road, P.B. No 16658, Bandra West, Mumbai - 400050CORP0000120400017003022-26550182, 262597689
MulundP K Road, Mulund[West], Mumbai - 400080CORP0000140400017016022-25923555
AR Street48/50, Abdul Rehman Street, Mumbai - 400003CORP0000163400017002022-23439147, 23446710

  • Home Loan Interest Rates February 2024
    Axis Bank8.75% - 9.15%
    Bank of Baroda8.50% - 10.60%
    Citibank8.75% - 9.15%
    HDFC8.50% - 9.40%
    ICICI Bank9.00% - 9.85%
    Indiabulls Housing Finance Limited8.65%
    Kotak Bank8.70%
    LIC Housing8.50% - 10.50%
    Piramal Capital & Housing Finance10.50%
    PNB Housing Finance8.50% - 10.95%
    Reliance Home Finance8.75% - 14.00%
    State Bank of India/SBI9.10% - 9.65%
    Tata Capital8.95% - 12.00%