Home Loan in Kochi

Last Updated : Sept. 25, 2019, 3:15 p.m.

About Home Loan in Kochi

Kochi is the commercial hub of Kerala and one of the fastest growing cities belonging to the tier-2 category. The city has seen tremendous growth due to the development of many industries. This has appealed to various banks and NBFCs who have opened up more branches keeping in mind the city’s continuous development. These banks offer affordable housing loans to meet the needs of the people. The details of some of the top banks offering home loans in Kochi are as follows:

Top Banks offering Home Loan in Kochi

Home Loan Kochi in a nutshell

Eligibility criteria required to get home loan in Kochi

Documentation required to get a home loan in Kochi

• 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

Whether you want to buy a new house or renovate your current one home loan is for everyone. One can use a home loan to even extend, construct or repair his/her home. Leading Banks and Non-Banking Financial Companies are willing to offer home loan to applicants if they fulfill the eligibility criteria and complete the documentation work. Applicants can avail a home loan from the lenders for a tenure ranging up to 30 years. The interest rates on a home loan are comparatively lower than other products offered by banks and NBFCs.