Dena Bank Home Loan in Kochi

Last Updated : March 27, 2017, 1:08 p.m.

About Dena Bank Home Loan Kochi

Dena Bank Home Loan Kochi invites individuals whether salaried employees, self-employed professionals or businessmen to accomplish their home loan dreams. The Kochi borrowers have a reason to rejoice as interest rates are flexible so as to accommodate their different kinds of needs. The loans are available at stipulated criteria which fall upto ₹ 200 lakhs for the purchase/construction of homes and upto ₹ 10 lakhs for renovation/upgradation purposes.

Dena Bank Home Loan Kochi at a glance

Eligibility Criteria

Individuals applying for Dena Bank Home Loan need to fulfill the following criteria:

• Borrowers need to be a major individual, resident or non-resident, having a regular source of income.
• The borrowers age at the time of loan maturity should be less than the retirement age in case of a salaried employee and below 65 years, in case of a businessman.
• The total deductions do not exceed 60% of your gross income which include the loan installment of the proposed loan.
• Spouses/Co-applicants income can also be considered for enhanced eligibility.

Documents Required

Borrowers whether salaried employees or self-employed professionals need to produce the following documents :

• 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 Professionals along with 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.

To know more details, visit Home Loan Kochi

Address of Dena Bank Branches in Kochi