Oriental Bank of Commerce Ghaziabad

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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 NameComplete AddressIFSCMICRContact Detail
Wright GanjWright Ganj, Ghaziabad, Uttar Pradesh- 201001ORBC0100019110022086
Sanjay NagarD-9, Sector- 23, Sanjay Nagar, Ghaziabad, Uttar Pradesh-201003ORBC0100075110022096
Shastri NagarSI - 9, Shastri Nagar, Ghaziabad, Uttar Pradesh-201002ORBC0100076110022081
Mohan NagarKarehra, P.O. Mohan Nagar, Ghaziabad, Uttar Pradesh-201007ORBC01002721100220
UkhlarsiNear Muradnagar Bus Stand, Ghaziabad, Uttar Pradesh-201206ORBC010027311002217701232-261125
MortaVillage & P.O. Morta, Merut Road, Ghaziabad, Uttar Pradesh-201001ORBC0100274110022114
MandaulaDelhi - Saharanpur Road, Mandaula, Ghaziabad, Uttar Pradesh-201102ORBC01002841100221990120-2694208
NasirpurIII-D, 9, Nehru Nagar, Nasirpur, Ghaziabad, Uttar Pradesh-201002ORBC0100302110022082
Lohia NagarB-193, Rahul Palace, Lohia Nagar, Ghaziabad, Uttar Pradesh-201001ORBC0100526110022083
Sahibabad41/22 Site-4 Industrial Area Sahibabad, Ghaziabad, Uttar Pradesh-201010ORBC0100630110022051
G T Road1st Floor, Muraripalace, G T Road, Ghaziabad, Uttar Pradesh-201001ORBC0100829110022084
Raj NagarR/80, Raj Kunj, Raj Nagar, Ghaziabad, Uttar Pradesh-201002ORBC0100920110022101
IndirapuramPlot 512, Niti Khand-I, Indirapuram, Ghaziabad, Uttar Pradesh-201010ORBC01012071100221700120-2690229, 2690230
IMS GhaziabadInstitute Of Management Studies, Lala Kuan, Ghaziabad, Uttar Pradesh-201009ORBC0105146110022141
VaishaliEC Aryan Public School, Sector-4, Vaishali, Ghaziabad, Uttar Pradesh-201010ORBC0105151110022139

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 

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
Home LoanIndividuals 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 capacity8.60%-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 LoanAvailable 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 LoanSalaried 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 ₹ 500Upto 7 years for new vehicles

Upto 3-5 years for old vehicles
Business LoanProprietorship, 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 TaxUpto ₹ 5 crores11.95% p.a.0.50% of the loan amount plus applicable service taxUpto 7 years
Mortgage Loan SchemeAll 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 lakhs10.85% p.a.As applicableUpto 10 Years
Loan Against Gold OrnamentsIndividuals and proprietorsUpto ₹ 10 lakh-50 lakh9.60%-10.60% p.a.As applicableThe 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 

ProductSalariedSelf-employed
Home LoanLoan 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 LoanLoan 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 LoanLoan 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 LoanProprietors-

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 SchemeLoan 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 OrnamentsLoan 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

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