Home Loan Rates 2018 1205 views
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About Home Loan in Pune
Pune is one of the fastest rising city of Maharashtra. It has become one of the main IT hubs of the country. The city is attracting the youth towards it as they have the potential to grow. The infrastructure of the city is rapidly growing and is one of the main destination of management studies. The banks are amplifying their presence in Pune to meet the financial needs of the city. The recent development of the infrastructure of the city makes it one of the favorite destination for the investors. Also, the properties here are in demand due to the migration of working class from various parts of India and people are in search of the place for themselves. If you are also planning to buy a beautiful home in this mesmerizing city, have a look at the lowest interest rates on home loans. You can apply for the best home loan in Pune.
Top Home Loan Providers in Pune with Branches
|Banks||Main Branch Address||Interest Rate (p.a.)|
|SBI||P.B-6, Collector office compound, Pune - 411001||8.45% - 9.00%|
|HDFC Ltd||Office No.2, Mezzanine Floor, Signet House, Vishrantwadi, Opp. Vishrantwadi Police Station, Yerwada, Pune - 411006||8.35% - 9.05%|
|ICICI Bank||A- Wing, Shangrila garden, Bund Garden Road, Pune- 411001||8.55% - 9.05%|
|Axis Bank||Indraprushti, opp. F.C. Road, 2, Law College, Pune- 411004||8.50% - 8.85%
|PNB HFL||PNB Housing Finance Limited |
307, Third Floor, Suratwala Mark Plazzo,
Pune - 411057 (Maharashtra)
|8.85% - 11.75%|
|Indiabulls HFL||Office No-103,1st Floor, Navkar Commerce Centre Link Road Chinchwad||8.50% - 10.80%|
|Bank of Baroda||Pune Camp, 2 Moledina Road, Pune- 411001||8.45% - 9.45%|
|DHFL||Unit No 11, 12, 37, Gr Floor, Jewel Of Pimpri, B wing, Opp PCMC, Pimpri Chinchwad - 411044.||9.05% - 9.95%|
|LIC HFL||LIC Housing Finance Limited|
Office No.17-20, 3rd Floor, B Wing,
Kamla Cross Road Building Opp. Pcmc Building, Pimpri, Pune - 411018, Maharashtra
|8.45% - 8.90%|
|IDBI Bank||Jai Raj Home, Near Navale Hospital, Main Road, Narhe, Pune- 411041||8.45% - 8.75%|
Home Loan Pune Details
|Interest Rate||8.35% - 17.00%|
|Processing Fee||0% to 1.25 % of the loan amount|
|Prepayment/ part payment charges||Nil|
|Tenure/ Repayment||1-30 years|
|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|
- 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.
About Home Loan
Home Loan is a product offered by almost every banks and NBFC, to make the dream of owning a home come true. It helps you to lessen your monetary burden at the time of purchasing a property or constructing a home. The home loan can be used to purchase, construct, enlarge or renovate the house or property. The maximum tenure of the repayment of the home loan is 30 years. The rate of interest incurred in the home loan is relatively less than that of other loan products.