Oriental Bank of Commerce Ghaziabad
Last Updated : Sept. 5, 2018, 5:11 p.m.
About Oriental Bank of Commerce
Oriental Bank of Commerce (OBC) is a government-owned bank with more than 1,000 branches across the country. But the history of the bank is an interesting read. From the time of inception to nationalization, the bank has seen ups and downs in its 74-year old journey that was started way back in 1943. It was Raja Bahadur Lala Sohan Lal who had established the bank in Lahore. Hardly he or any of his colleagues were aware of the impacts that the partition had on the bank. With the partition, the bank had to forcibly close down its registered office in Lahore and shift the same to Amritsar. However, it didn’t bring about the closure of business. The time moved along and so as the bank. But it faced numerous losses during the dreadful 1970-76 period. The employee co-operation led to the much-improved performance of the bank, which was nationalized in 1980. Within 2 decades it acquired Punjab co-operative Bank and Bari Doab Bank in 1997 to add to its presence in the country.
Ghaziabad, located in National Capital Region (NCR, is a prime business hub of Uttar Pradesh state. You can find about 15-20 branches of OBC in the city. So, choose one or more from the list given below.
Oriental Bank of Commerce Ghaziabad Branches
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Wright Ganj | Wright Ganj, Ghaziabad, Uttar Pradesh- 201001 | ORBC0100019 | 110022086 | |
| Sanjay Nagar | D-9, Sector- 23, Sanjay Nagar, Ghaziabad, Uttar Pradesh-201003 | ORBC0100075 | 110022096 | |
| Shastri Nagar | SI - 9, Shastri Nagar, Ghaziabad, Uttar Pradesh-201002 | ORBC0100076 | 110022081 | |
| Mohan Nagar | Karehra, P.O. Mohan Nagar, Ghaziabad, Uttar Pradesh-201007 | ORBC0100272 | 1100220 | |
| Ukhlarsi | Near Muradnagar Bus Stand, Ghaziabad, Uttar Pradesh-201206 | ORBC0100273 | 110022177 | 01232-261125 |
| Morta | Village & P.O. Morta, Merut Road, Ghaziabad, Uttar Pradesh-201001 | ORBC0100274 | 110022114 | |
| Mandaula | Delhi - Saharanpur Road, Mandaula, Ghaziabad, Uttar Pradesh-201102 | ORBC0100284 | 110022199 | 0120-2694208 |
| Nasirpur | III-D, 9, Nehru Nagar, Nasirpur, Ghaziabad, Uttar Pradesh-201002 | ORBC0100302 | 110022082 | |
| Lohia Nagar | B-193, Rahul Palace, Lohia Nagar, Ghaziabad, Uttar Pradesh-201001 | ORBC0100526 | 110022083 | |
| Sahibabad | 41/22 Site-4 Industrial Area Sahibabad, Ghaziabad, Uttar Pradesh-201010 | ORBC0100630 | 110022051 | |
| G T Road | 1st Floor, Muraripalace, G T Road, Ghaziabad, Uttar Pradesh-201001 | ORBC0100829 | 110022084 | |
| Raj Nagar | R/80, Raj Kunj, Raj Nagar, Ghaziabad, Uttar Pradesh-201002 | ORBC0100920 | 110022101 | |
| Indirapuram | Plot 512, Niti Khand-I, Indirapuram, Ghaziabad, Uttar Pradesh-201010 | ORBC0101207 | 110022170 | 0120-2690229, 2690230 |
| IMS Ghaziabad | Institute Of Management Studies, Lala Kuan, Ghaziabad, Uttar Pradesh-201009 | ORBC0105146 | 110022141 | |
| Vaishali | EC Aryan Public School, Sector-4, Vaishali, Ghaziabad, Uttar Pradesh-201010 | ORBC0105151 | 110022139 |
Products Offered by Oriental Bank of Commerce in Ghaziabad
Don’t know the products on offer at Oriental Bank of Commerce in Ghaziabad? Here’s the list of products that you can choose from. For personal needs, you can avail a personal loan. While a home loan and car loan can also be availed to buy your dream home and car. If you are willing to avail a loan against property, that’s also available with a mortgage loan on offer. Simply naming the loans and not detailing on those won’t serve your purpose. Below is a table that can provide you comprehensive information on the products so that it can be easy for you to pick one or more depending on your needs.
Basic Details of Oriental Bank of Commerce Loans in Ghaziabad
| Product | Eligibility | Loan Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| Home Loan | Individuals or co-borrowers having an assured and regular source of earning. Minimum age at the time of application-18 Years Maximum age at loan maturity-60-70 years | No maximum limit. It purely depends on your income and repayment capacity | 8.60%-9.10% p.a. | 0.50% of the loan amount plus service tax as applicable. Maximum-₹ 20,000 plus applicable service tax | Upto 30 years, including the 18-month moratorium period subject to the dwelling unit’s age |
| Personal Loan | Available to public and private sector employees, along with the pensioners. Both public and private sector employees must be confirmed with a minimum net monthly income of 10,000. Also, the net income must not be lower than 30% of the gross income after the deduction of the proposed EMI. Pensioners must not be over 75 years at the time of loan maturity. Also the net amount of pension must not be 50% of the gross pension (Including the proposed loan EMI) | ₹ 5-10 lakh | 10.85%-11.85% p.a. | 0.5% of the loan amount Minimum-₹ 500 | Upto 5 years |
| Vehicle Loan | Salaried individuals either confirmed or a 1 year of service, professionals, businessmen running their entities for atleast 2 years, agriculturist and few others are eligible. | 4-Wheeler- ₹ 1 Cr 2-Wheeler-₹ 10 Lakh | 8.60%-9.10% per annum for new vehicles 10.85%-11.60% per annum for second hand vehicles | 0.50% of the loan amount, subject to a minimum of ₹ 500 | Upto 7 years for new vehicles Upto 3-5 years for old vehicles |
| Business Loan | Proprietorship, partnership or companies involved in business activity for a minimum period of 1 year. Business should conform to the statutory requirements such as License Under Shops & Commercial Establishment Act, Registration Certificate of Sales Tax/Central Sales Tax | Upto ₹ 5 crores | 11.95% p.a. | 0.50% of the loan amount plus applicable service tax | Upto 7 years |
| Mortgage Loan Scheme | All individuals and joint borrowers who are income tax assessee for atleast 2 years in a row. Agriculturists Company/Proprietorship/Partnership firms are also eligible. Net income should not be lower than 30% of the gross income after the deduction of the EMIs | Upto ₹ 10 crores, with a minimum of ₹ 5 lakhs | 10.85% p.a. | As applicable | Upto 10 Years |
| Loan Against Gold Ornaments | Individuals and proprietors | Upto ₹ 10 lakh-50 lakh | 9.60%-10.60% p.a. | As applicable | The demand loan would be liquidated within a maximum 1-year period. Renewal and review of overdraft facility after every year. |
Documents Required to Access Oriental Bank of Commerce Loans in Ghaziabad
| Product | Salaried | Self-employed |
|---|---|---|
| Home Loan | Loan Application Form Identity Proof-PAN Card/Aadhaar Card/Driving License/Voter ID/Passport Residence Proof-Passport/Aadhaar Card/Utility Bill/Voter ID Income Proof-Last 3-6 Month Salary Slip, Last 6-month bank statement, Latest Form 16 & ITR Passport Size Photographs of applicants and co-applicants Property Documents-Buyer Agreement Copy/Allotment Letter, Receipt of Payment made to Property Developers | Loan Application Form Identity Proof-PAN Card/Aadhaar Card/Driving License/Voter ID/Passport Residence Proof-Passport/Aadhaar Card/Utility Bill/Voter ID Income Proof-Last 2-3 years Profit & Loss Account Statement and Audited Balance Sheet Passport Size Photographs of applicants and co-applicants Property Documents-Buyer Agreement Copy/Allotment Letter, Receipt of Payment made to Property Developer |
| Personal Loan | Loan Application Form Identity Proof-PAN Card/Aadhaar Card/Driving License/Voter ID/Passport Residence Proof-Passport/Aadhaar Card/Utility Bill/Voter ID Income Proof-Last 3-6 Month Salary Slip, Last 6-month bank statement, Latest Form 16 & ITR Passport Size Photographs of applicants and co-applicants | |
| Vehicle Loan | Loan Application Form Identity Proof-PAN Card/Aadhaar Card/Driving License/Voter ID/Passport Residence Proof-Passport/Aadhaar Card/Utility Bill/Voter ID Income Proof-Last 3-6 Month Salary Slip, Last 6-month bank statement, Latest Form 16 & ITR Passport Size Photographs of applicants and co-applicants | Loan Application Form Identity Proof-PAN Card/Aadhaar Card/Driving License/Voter ID/Passport Residence Proof-Passport/Aadhaar Card/Utility Bill/Voter ID Income Proof-Last 2-3 years Profit & Loss Account Statement and Audited Balance Sheet Passport Size Photographs of applicants and co-applicants |
| Business Loan | Proprietors- Shop and establishment certificate/ VAT/ Sales Tax Registration Certificate PAN Card Last 2 years financials with audit report Last 6 months Bank statement of all bank accounts Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any Proforma invoice of machinery, in case of Plant & Machinery Loans Partnership Firms- Registered partnership deed KYC of Partners PAN Card of Firm and Partners Shop and establishment / VAT/ Sales Tax Registration Certificate Last 2 year financials with audit report Last 6 months Bank statement Existing facility sanction letter/ Repayment Track Record of existing loans, if any Proforma invoice of machinery, in case of Plant & Machinery Loans Private & Public Sector Companies- Memorandum of Association(MOA) / Articles of Association(AOA) Latest shareholding pattern KYC of Directors PAN Card of the Company and Directors Last 2 years financials with audit report Last 6 months Bank statement of all bank accounts Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any Proforma invoice of machinery, in case of Plant & Machinery Loans Declaration that borrower, Company or any of its Directors are not debarred / black listed / penalized by any Stock Exchanges / SEBI/ RBI. A Declaration that the proposed borrowing is within the limits prescribed u/s 293(1)(d) of the Companies Act, 1956 | |
| Mortgage Loan Scheme | Loan Application Form Identity Proof-PAN Card/Aadhaar Card/Driving License/Voter ID/Passport Residence Proof-Passport/Aadhaar Card/Utility Bill/Voter ID Income Proof-Last 3-6 Month Salary Slip, Last 6-month bank statement, Latest Form 16 & ITR Passport Size Photographs of applicants and co-applicants Equitable Mortgage of the Property Financed | Loan Application Form Identity Proof-PAN Card/Aadhaar Card/Driving License/Voter ID/Passport Residence Proof-Passport/Aadhaar Card/Utility Bill/Voter ID Income Proof-Last 2-3 years Profit & Loss Account Statement and Audited Balance Sheet Passport Size Photographs of applicants and co-applicants Equitable Mortgage of the Property Financed |
| Loan Against Gold Ornaments | Loan Application Form Identity Proof-PAN Card/Aadhaar Card/Driving License/Voter ID/Passport Residence Proof-Passport/Aadhaar Card/Utility Bill/Voter ID Income Proof-Last 3-6 Month Salary Slip, Last 6-month bank statement, Latest Form 16 & ITR Passport Size Photographs of applicants and co-applicants | Loan Application Form Identity Proof-PAN Card/Aadhaar Card/Driving License/Voter ID/Passport Residence Proof-Passport/Aadhaar Card/Utility Bill/Voter ID Income Proof-Last 3-6 Month Salary Slip, Last 6-month bank statement, Latest Form 16 & ITR Passport Size Photographs of applicants and co-applicants |
