About Federal Bank Home Loan in Noida
Federal bank offers a home loan to the people based in the city of Noida. Noida is one of the planned cities of India and is part of the NCR belt. In recent years, the property rates in the city have crashed all records and touched a new mark. To own a property in a city like Noida is like a dream come true. Federal bank acts as a safeguard for the dreams of many people who wish to buy a dream house. It has opened two branches in Noida to ensure smooth and a hassle free delivery of home loans.
Federal Bank Home loan in Noida at a glance
Important details about Federal Bank Home loan Noida have been given in the form of a table.
|10.49% - 17.99%
|Maximum of ₹1500 Lakhs
|Up to 30 years
|0.50% of the loan amount sanctioned along with service taxes
Minimum of ₹3,000
Maximum of ₹7,500
Eligibility norms have to be fulfilled by every applicant who wishes to avail a Federal bank home loan Noida. The different norms have been mentioned below. Have a look at them.
- Self-employed individuals, businessmen, and salaried individuals are eligible to apply for a home loan.
- The total employment/business stability should be at least two years.
- The applicant should be working in their current job/profession/business for a period of at least one year
- The applicant must be earning sufficient enough to repay the loan. He/she must earn a minimum net monthly income of ₹15,000 in order to avail a home loan
- The applicant must be over the age of 21 at the time of loan application. The maximum age has been kept at 55 years.
Documents required for a Federal Bank Home loan Noida
The list of all the essential documents needed for a smooth and hassle free disbursal of a home loan is right here. Have a proper look at them-
- Two photographs of passport size of the applicant and the co obliged
- Proof of Age- Birth Certificate/Passport/ SSLC or AISSE Certificate/Driving License
- Completely filled application form
- Proof of Residence- Voter ID Card/Aadhar Card/Passport/Lease agreement/Ration card/Telephone bill/Electricity bill
- Proof Of Identity- Aadhar card/PAN Card/Passport/Driving License/Voter ID Card
- Proof of Income-
- Salary slip of three months /Latest salary certificate,
- IT returns of the past two years or Form 16
- bank statement of the past six months.
- Bank account statements of the previous 12 months
- Income Tax returns of the previous two years along with Balance Sheet/ Profit & Loss account
- Proof of the existence of business and its profile
- IT returns of the past two years supported by tax calculation sheet
- Letter of Allotment
- Agreement for Sale & construction
- Certificate of possession
- Tripartite Agreement to be given before disbursal of home loan
- Detailed cost of construction and Land tax receipt
For more details, feel free to check Home Loan Noida.
Address of Federal Bank branches in Noida
The list of Federal Bank Noida branches has been given below with their complete addresses, IFSC and MICR details.
|Sector 22 Noida
|Federal Towers, H - 362, Shopping Complex, Sector 22, Noida, Gautam Buddha Nagar, Uttar Pradesh, 201301, Uttar Pradesh
|Ground Floor, Near Gate No.1 , Noida Botanical Garden , Metro Station , Gautam Budha Nagar, Uttar Pradesh,