Home Loan in Gurugram
Last Updated : Jan. 19, 2017, 11:58 a.m.
About Home Loan in Gurugram
Gurgaon also known as Gurugram, is one of the prime cities of Haryana which falls in the National Capital Region (NCR) area. The city has the third highest per capita income in our country and is home to more than 250 fortune 500 companies. It has become a major industrial and financial hub with many Multinational Companies setting up their base here. This has appealed to various banks and NBFCs who are trying to build a customer base by taking care of the financial concerns of the people of Gurugram. Also known as the Millennium city of India, it has become one of the most prominent offshore centres of the world. If you are planning to buy a home in Gurugram, you must have a look at the top lenders providing lowest interest rates on home loans .
Top Banks with Branch Addresses in Gurugram offering Home Loan
| Bank | Main Branch Address | Home Loan Interest Rate |
|---|---|---|
| SBI | Plot 364, PhaseII, Udyog Vihar Dundahera, Gurugram, Haryana, Pin -122006 | 9.15% - 11.30% |
| ICICI Bank | CICI Bank Ltd, SCO 18 & 19, Huda Shopping Centre, Sector - 14, Market Complex, Gurugram, Haryana- 122001 | 9.00% - 10.05% |
| HDFC Ltd | Premises No. SCO-19, 2nd Floor, Sector-14, (Opp. Huda), Gurgaon. | 8.50% - 9.40% |
| Axis Bank | SCO - 29, Sector - 14, Near Huda Office, Old Delhi - Gurugram Road- 122001, Haryana | 8.75% - 9.15% |
| PNB HFL | SCO No. 391, Sector - 29, Urban Estate Near Iffco Chowk Metro Station, Gurugram - 122001, | 8.50% - 11.95% |
| Bank of Baroda | Ground Floor, Peach 3 Building, Sushant Lok, Phase-1, Block C, Sector 43, Gurugram, Haryana- 122009 | 8.50% - 10.60% |
| LIC HFL | LIC Housing Finance Limited The Plaza, S. F. 15, M.g. Road, Near Iffco Chowk, Gurgaon - 122001 Haryana | 8.50% - 10.75% |
| DHFL | Premises No. SCO-19, 2nd Floor, Sector-14, (Opp. Huda), Gurgaon | 9.05% - 9.95% |
| IDBI Bank | No. 6-7, Vipul Square, Sector Road, Block B, Sushant Lok Phase- 1, Gurugram, Haryana 122002 | 8.80% - 12.25% |
| Indiabulls HFL | Indiabulls House, 448-451, Udyog Vihar, Phase - V, Gurugram, Haryana - 122001. | 9.30% Onwards |
Home Loan in Gurugram Details
| 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 Required
| 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
- 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
About Home Loan
Having a home is one of the most cherished dreams a human being can have. We have so many plans regarding how we will decorate our home and make it the perfect place to live in. But many times, when you are unable to fulfill your dream of buying a home due to shortage of funds. Many leading banks and Non-Banking Financial Companies provide a home loan to eligible applicants who are in need of financial support and want to buy a house of their own. All they have to do is meet the given eligibility criteria and submit documents without any delay. The applicants can secure a home loan for a maximum tenure of thirty years. As a matter of fact, home loan interest rates are the lowest of all the products offered by banks and NBFCs.
Best Offers For You!
Home Loan Details
Home Loan by Top Banks
Home Loan Rates by Top Banks
- SBI Home Loan Interest Rates
- HDFC Bank Home Loan Interest Rates
- Tata Capital Home Loan Interest Rates
- LIC Home Loan Interest Rates
- PNB Housing Finance Home Loan Interest Rates
- ICICI Home Loan Interest Rates
- Bank of Baroda Home Loan Interest Rates
- Axis Bank Home Loan Interest Rates
- Indiabulls Home Loan Interest Rates
- Reliance Home Loan Interest Rates
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