Home Loan in Agra
Last Updated : Sept. 25, 2019, 3:11 p.m.
About Home Loan in Agra
Agra, one of the famous cities of Northern India which lies on the banks of river Yamuna is a major tourist destination. The city is known all over the world for its iconic heritage site Taj Mahal which is considered an epitome of love. The city is largely dependent on agriculture, with 40% of the people engaged in the same. A larger number of Banks and Non-Banking Financial Companies are fulfilling the housing loan requirements of the people with their lower interest rates and instant approval facility. For your reference, here are some of the top home loan banks that provide financial assistance.
Top Banks to Apply for Home Loan in Agra
| Banks | Main Branches | Home Loan Interest Rate |
|---|---|---|
| SBI | Rakabganj Road, Chhipitola, Rakabganj, Agra, Uttar Pradesh | 9.15% - 11.30% |
| ICICI Bank | Sanjay Place, No. 6,8- 13,Ground Floor, Shanta Tower, Agra, Uttar Pradesh 282002 | 9.00% - 10.05% |
| HDFC Ltd | 4180/2 & 4182/1, M.G Rd 2, Near Kothi Meena Bazaar, Andar Nagar Palika, Kothi Meena Bazaar, New Shahganj, Agra, Uttar Pradesh 282010 | 8.50% - 9.40% |
| Axis Bank | Shop No. A/G5,6,7,8 &AB 5,7,15. Block No. 41/4A Sanjay Place, Agra | 8.75% - 9.15% |
| Punjab National Bank Housing Finance Ltd | 1st Floor, Sumriddhi Complex, Suite No. 104- 105,Block No. 38/A4, Sanjay Place, Agra, Uttar Pradesh 282002 | 8.50% - 11.95% |
| Bank of Baroda | Agra Branch,13,mahatma Gandhi Road, Agra,282001 | 8.50% - 10.60% |
| Bank of India | Agra, 8/168, Jeoni Mandi BE, Post Bag No.2, Agra, 282004, Uttar Pradesh | 8.85% onwards |
| Canara Bank | Gwalior Road, Near Madhu Nagar Chauraha, Agra Cantt, Defence Estate, Agra, Uttar Pradesh 282001 | 8.85% - 11.25% |
| IDBI Bank | Plot No. 30/80-B, Upper GF, Mughal Apartment, Fatehabad Road, Tajganj, Agra, Uttar Pradesh 282001 | 8.80% - 12.25% |
| Central Bank of India | 37/2/4, 1st Floor, Wazirpura Road, Sanjay Palace, Sanjay Place, Civil Lines, Agra, Uttar Pradesh 282002 | 8.55% - 9.10% |
| DHFL | Office No. 7, 38/4A, 1st Floor, Sumriddhi Business Suits,, Sanjay Place, Civil Lines, Agra, Uttar Pradesh 282002 | 9.05% - 9.95% |
Home Loan Agra in a nutshell
| Particulars | Details |
|---|---|
| Interest Rate | 6.70% - 14.00% |
| Processing Fee | 0 to 1.25% of the loan amount along with service taxes if applicable |
| Pre-payment/Part-payment charges | NIL for floating |
| Tenure/Repayment | 1 to 30 years |
Eligibility criteria for Home Loans in Agra
| Particulars | Salaried Individuals | Self-employed individual | Partnership Firm | Private/Public Ltd. Company (in existence for at least 3 years) |
|---|---|---|---|---|
| Age | The applicant should be at least 21 years at the time of application and 58 years at the time the loan matures | Any proprietor, partner, professional or director above 21 years but below 65 years at the time of loan maturity | ||
| Income | Minimum income of at least Rs. 1,80,000 per annum | Minimum annual income of Rs. 1,80,000 | Minimum Profit after Tax (PAT) of at least Rs. 3 Lakhs | Minimum Profit after Tax (PAT) of at least Rs. 3 Lakhs |
| Job Stability | The total employment stability should be more than 2 years and current employment stability of minimum 1 year | Business stability should be more than three years | ||
Documentation required for Home Loans in Agra
- Proof of Identity- PAN Card/Driving license/ Voter ID/Passport/Aadhar Card.
- Proof of address- Passport/ Electricity bill/Aadhar card/Telephone bill
- Proof of Income- Latest salary slip/ ITR/Form-16
- Bank Statement- Last 3 months bank statement/ last 6 months bank passbook
- Property Documents- Agreement sale copy, Certificate of possession, Land tax receipt, Detailed cost of construction, Letter of allotment, Original NOC
About Home Loan
Home is where our heart is. We all plan to build a dream home of our home, but the lack of adequate funds prove to be a big hurdle towards fulfilling our wish. This is where a home loan proves to be significant. Most of the banks and NBFCs offer a home Loan to suitable applicants who wish to build a dream home of their own. The product can be availed for construction, repair, renovation, and extension of home as well. The interested applicants have to meet the eligibility criteria and submit the needed documents timely. They have to pay certain installments to the banks and NBFCs until the entire loan is repaid.
Home Loan Calculator by Top Banks
- SBI Home Loan EMI Calculator
- HDFC Bank Home Loan EMI Calculator
- Tata Capital Home Loan EMI Calculator
- LIC Home Loan EMI Calculator
- PNB Housing Finance Home Loan EMI Calculator
- ICICI Home Loan EMI Calculator
- Bank of Baroda Home Loan EMI Calculator
- Axis Bank Home Loan EMI Calculator
- Indiabulls Home Loan EMI Calculator
- Reliance Home Loan EMI Calculator
