Home Loan Jaipur

Home Loan Rates EMI 2017 205 views

About Jaipur

Jaipur, one of the prominent city of Rajasthan, is also famously known as “the Pink City”. It is famous for its forts and architecture. This is one of the famous tourist destination and a part of the economy is also dependent on it. The city has a lot of medium to small enterprises which are growing rapidly. The city is one of the main destination of many tourists due its heritage, culture, and architecture. The main part of the economy is based on the tourism sector, hotels, and the medium sector enterprises.The finances of the city is taken care by a number of banks opening several branches throughout the city which tries to build up the customer

About Home Loan

The home loan is offered by all most all the banks and NBFC to help you in construction/ buying/ renovation/ enlargement of property. The home loan has one of the least interest rates as compared to other loan products which makes it cheaper than other loans. So, the EMI is relatively lower and can be availed instead of paying the rent. Also, the repayment tenure is long, the maximum tenure of repayment is 30 years. it gives you the time to repay the loan amount. To avail the home loan the eligibility criteria should be met and the documents required should be valid and complete.

Home Loan in a nutshell

ParticularsDetails
Interest Rate

8.35% - 13.95%

Processing Fee0% to 1.25 % of the loan amount
Prepayment/ part payment chargesNil
Tenure/ Repayment1-30 years
Lowest EMI₹758- 1180 (per lakh)

Eligibility criteria required to get home loan in Jaipur

ParticularsSalaried Individuals Self-Employed IndividualPartnership FirmPrivate/Public Ltd. Company(in existence for at least 3 years)
AgeThe applicant should be above 21 years old at time of application, and less than 58 years of age at time of maturity of the loanAny proprietor, partner, professional or director above 21 years but below 65 years at the time of the loan maturity.
Income Gross annual income of at least ₹ 1,80,000 per annumGross annual income of at least ₹1,80,000lakhsFirm should have a minimum PAT (profit after tax) of ₹3 lakhsMinimum PAT (profit after tax) of ₹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 3 years

Documents required

  • Proof of Identity– PAN Card/Driving license/ Voter ID/Passport/Aadhar Card.
  • Proof of address- Passport/Utility bill/Aadhar card
  • 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, the Detailed cost of construction, Letter of allotment, Original NOC.

Top Banks Home Loan Interest Rate and Address

Banks NameMain Branch AddressRate Of Interest
State Bank Of IndiaSambhar lake, Jaipur, Rajasthan- 3036048.35% - 8.80%
HDFC BankD - 54, Siddhi Vinayak, , Ashok Marg, , C Scheme, , Jaipur - 302001, Rajasthan8.35% - 8.55%
ICICI BankC - 99, Shreeji Towers, Subhash Marg, Near Ahimsa Circle, C Scheme, Jaipur- 302001 8.35% - 8.85%
Axis BankO - 15, Green House Ashok Marg, C-Scheme- 302001

8.35% - 8.75%

Punjab National BankM C B, Jaipur MI Road, Jaipur, Rajasthan 8.50% - 8.70%
Bank of IndiaChowdhari Hotel Building, Mirza Ismail Road, Jaipur, Rajasthan- 302001, 8.55% - 8.60%
Bank of BarodaAdarsh Nagar Branch, 304/4, Raja Park Adarsh Nagar, Jaipur- Rajasthan-3020048.35% - 8.85%
Central Bank Of IndiaJohri Bazar, Purohit Ka Katla, Jaipur City, Jaipur

8.40%

Bank of MaharashtraBhagwati Bhawan, Mirza Ismail Road, Jaipur- 302001

8.70% - 10.25%

IDBI BankD-24, Durlabh Niwasprithviraj Road, C-Scheme, Jaipur 8.30% - 11.30%

 

 

 

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