Home loan in Kolkata

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

About Home Loan in Kolkata

Kolkata is the city of joy and the capital of West Bengal. It is situated on the banks of Ganga and has the rich culture of music, literature, and history. It has one of the busy port and is also the home of major sectors including mining, minerals, steel, heavy engineering, jute, textile etc.The metropolitan city with an international airport is one of the main attraction of eastern India. Thus, the number of banks have opened the branches in the city to cater the demand of finance of people. Some of the best banks offer low-interest rates on a home loa n and instant approval facility to help people live their dream. So, have a look at the table below and choose the best bank for home loan in Kolkata.

Best Banks for Home Loans in Kolkata with Branch Addresses

Banks Name	Main Branch Address	Home Loan Rate Of Interest
SBI	Pankhoo, Tehsil: Didihat Pithoragarh, kolkata	9.15% - 11.30%
HDFC Ltd	Cooke & Kelvey Building, 1st Floor,, 20 Old Court House Street, Kolkata, West Bengal 700001	8.50% - 9.40%
ICICI Bank	22, R N Mukherjee Road, Kolkata, 700001	9.00% - 10.05%
Axis Bank	126A, Bidhan Sarani Shyam bazar, 700004	8.75% - 9.15%
PNB HFL	5th Floor South Block, Premises No. 7 KYD Street, Kolkata, West Bengal 700016	8.50% - 11.95%
Indiabulls HFL	11, Ground Floor, Constantia Complex, Dr. U. N. Brahmachari Street, Kolkata - 700017	9.30% Onwards
Bank of Baroda	Alipore Branch, 38/1/E, Gopal Nagar Road, Kolkata, 700027	8.50% - 10.60%
DHFL	Duck Back House, 1st Floor, 41 Shakespear Sarani, Kolkata, West Bengal 700017	9.05% - 9.95%
LIC HFL	LIC Housing Finance Limited, 1st Floor, 43b, Block 'c', New Alipur, (also Known As 59, Bankim Mukherjee Sarani), opposite Tara Tala Petrol Pump, Kolkata - 700053 West Bengal	8.50% - 10.75%
IDBI Bank	Siddha point, Ground Floor, 101, Park Street, Kolkata	8.80% - 12.25%

Home Loan Eligibility in Kolkata

Particulars	Salaried Individuals	Self-Employed Individual	Partnership Firm	Private/Public Ltd. Company(in existence for at least 3 years)
Age	The applicant should be above 21 years old at time of application, and less than 58 years of age at time of maturity of the loan	Any 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 annum	Gross annual income of at least ₹1,80,000lakhs	Firm should have a minimum PAT (profit after tax) of ₹3 lakhs	Minimum PAT (profit after tax) of ₹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 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.