Home Loan Ghaziabad

Home Loan Rates EMI 2017 259 views

About Ghaziabad

Ghaziabad is a city in Uttar Pradesh which falls under the National Capital Region (NCR) belt. It is known as the Gateway to the state of Uttar Pradesh due to its proximity to New Delhi. It has turned out to be a major industrial, commercial and educational hub of western Uttar Pradesh. The city is turning out to be a hub of real estate as many commercial and residential projects are being set up at an increasing level. As a result, new avenues of job creation have been opened. This has caught the attention of both banking and non-banking sectors who are ready to provide financial assistance to people in the city.

About Home Loan

Why take the tension of paying house rent every month when you can use the same amount to pay EMIs for your home loan. Home Loan is a major product which is provided by all the Banks and Non-Banking Financial Companies (NBFCs) to the applicants who want to build a home of their choice. The applicant has to meet all the eligibility criteria set by the banks and NBFCs and also complete the required documentation work on time. This product provides wings to the dreams of many people who wish to have a dream home. An applicant has the provision to avail a home loan for a tenure up to a maximum of 30 years. The minimum amount of home loan that can be availed is Rs. 5 Lakhs.

Home Loan Ghaziabad in a nutshell

ParticularsDetails
Interest Rate

8.35% - 13.95%

Processing Fee0 to 1.25% of the loan amount along with service taxes if applicable
Pre-payment/Part-payment chargesNIL in most cases
Tenure/Repayment1 to 30 years
Lowest EMI/LakhRs. 758-1180

Eligibility criteria required to get home loan in Ghaziabad

ParticularsSalaried IndividualsSelf-employed individualPartnership FirmPrivate/Public Ltd. Company (in existence for at least 3 years)
AgeThe applicant should be at least 21 years at the time of application and 58 years at the time the loan maturesAny proprietor, partner, professional or director above 21 years but below 65 years at the time of loan maturity
IncomeMinimum income of at least Rs. 1,80,000 per annumMinimum annual income of Rs. 1,80,000Minimum Profit after Tax (PAT) of at least Rs. 3 LakhsMinimum Profit after Tax (PAT) of at least Rs. 3 Lakhs
Job StabilityThe total employment stability should be more than 2 years and current employment stability of minimum 1 yearBusiness stability should be more than three years

Documentation required to get a home loan in Ghaziabad

  • Proof of Identity– PAN Card/Driving license/ Voter ID/Passport/Aadhar Card​
  • Proof of address– Passport/ Telephone bill/Aadhar card/Electricity 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

Top Banks offering Home Loan in Ghaziabad

BankMain Branch AddressInterest Rate
State Bank of IndiaShop No -23 ,Panchsheel Wellington, Crossing Republic, Ghaziabad, Uttar Pradesh 201009 8.35% - 8.80%
ICICI BankAshok Marg, Block 15, Sector 10, Raj Nagar, Ghaziabad, Uttar Pradesh 2010028.35% - 8.85%
HDFC BankD - 44 RDC Raj Nagar, Raj Nagar, Ganesh Puri, Ghaziabad, Uttar Pradesh 2010018.35% - 8.55%
Axis BankBG- 1, BF- 1, Plot No. 3, Vaibhav Khand, Aditya City Centre, Indirapuram, Ghaziabad, Uttar Pradesh 201012

8.35% - 8.75%

Punjab National BankNavyug Market, Old Munsfi Rd, Sihani Gate, Naya Ganj, Ghaziabad, Uttar Pradesh 2010018.50% - 8.70%
Bank Of Baroda4 Kiran Enclave G.T. Road, Ghaziabad- 201001, Uttar Pradesh8.35% - 8.85%
Bank Of India59 - 60, Grand Trunk Road, Ghaziabad, 201001, Uttar Pradesh8.55% - 8.60%
Canara BankMain Govindpuram Rd, Block I, D-Block, Govindpuram, Ghaziabad, Uttar Pradesh 201013

8.65% - 8.75%

IDBI BankDr Sushila Naiyar Marg, Vaibhav Khand, Indirapuram, Ghaziabad, Uttar Pradesh 2010108.30% - 11.30%
Central Bank of IndiaSite No. 1, Loha Mandi, Bulandshahar Road India Estate, Ghaziabad, Uttar Pradesh

8.40%

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