Oriental Bank of Commerce Home Loan Chandigarh - Rates February 2024, Eligibility, IFSC, EMI

Oriental Bank of Commerce Home Loan in Chandigarh

About Oriental Bank of Commerce Home Loan in Chandigarh

Chandigarh, one of the famous cities of India, houses a large section of government employees as the union territory is governed by three governments-Punjab, Haryana and Govt. of India. A wide range of small and medium scale enterprises also exist here, thereby contributing substantially to the country’s economy. All these set of people are in search of an attractive home loan to buy their dream possession. Well, all such search can end with Oriental Bank of Commerce Home Loan. The public lender offers the loan at affordable rates to find an easy place in the pocket of borrowers. So, come and explore Oriental Bank of Commerce Home Loan Chandigarh.

Oriental Bank of Commerce Home Loan Chandigarh at a Glance

Interest Rate8.60% - 9.95%
Loan AmountDepends upon your income, saving and repayment capability
Loan TenureUpto 30 years, including the 18-month moratorium period subject to the dwelling unit’s age
Processing Fee0.50% of the loan amount plus service tax as applicable.
Prepayment ChargesNIL

Oriental Bank of Commerce Home Loan Eligibility Criteria in Chandigarh

Want to apply for a home loan at OBC in Chandigarh? Check eligibility now from the below pointers that come your way as it will determine where you stand as far as approval for home loan is concerned.

  • Both salaried and self-employed can make their home loan application.
  • The minimum age a borrower has to attain at the time of filing in the application is 18 years.
  • When the proposed loan tenure is set to be over, the age of the borrower should not be more than 60-70 years.
  • Borrowers as well as co-borrowers are required to have a regular and assured flow of income.

Documents Needed to Avail Oriental Bank of Commerce Home Loan in Chandigarh

A key element to your dream home journey lies with the successful submission of the documents, which the bank seeks to approval the loan in Chandigarh.

  • 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 (For Salaried), Last 2-3 years Profit & Loss Account Statement and Audited Balance Sheet (For Self-employed)
  • Passport Size Photographs of applicants and co-applicants
  • Property Documents-Buyer Agreement Copy/Allotment Letter, Receipt of Payment made to Property Developers

For more, check out in Home Loan Chandigarh

Oriental Bank of Commerce Home Loan Chandigarh Branches

Branch NameComplete AddressIFSCMICRContact Detail
Sector- 17-B- ChandigarhBank Square, Sector - 17 B, Chandigarh (U.T.), 160017ORBC0100038160022000172-2722617
Mani MajraSCO - 810, Mani Majra, Chandigarh (U.T.), 160101ORBC01002441600220050172-2734268
Sector 19D ChandigarhSEF 21 - 22 Sector 19D, Chandigarh (U.T.), 160019ORBC01003651600220020172-2782116
Sector 34A - ChandigarhS.C.O. - 54 - 55, Sector - 34A, Chandigarh (U.T.), 160034ORBC01006141600220080172-2606304
Sector 26 ChandigarhSCO 48 Madhya Marg, Sector 26, Chandigarh (U.T.), 160019ORBC01006181600220060172-2791735
Hotelshivalik Sec17E ChandigarhHotel Shivalik View, Sector 17 E, Chandigarh (U.T.), 160017ORBC01007441600220090172-2721235
Sector - 37 D, ChandigarhSCO 385, Sector - 37 D, Chandigarh, Chandigarh (U.T.), 160036ORBC01008741600220110172-2686222
Sector - 8C, ChandigarhSCO - 47 - 48 Sector - 8C, Madhya Marg, Chandigarh (U.T.)ORBC01011151600220180172-2541099
Sector 47 C, ChandigarhSCO 54, Sector 47 C, Chandigarh, Chandigarh (U.T.), 160047ORBC01012331600220270172-5079447
Tender Heart School Sec - 33 - BTender Heart School , Sec - 33 - B, Chandigarh (U.T.), 160022ORBC01051101600220220172-2606854

  • Home Loan Interest Rates February 2024
    Axis Bank8.75% - 9.15%
    Bank of Baroda8.50% - 10.60%
    Citibank8.75% - 9.15%
    HDFC8.50% - 9.40%
    ICICI Bank9.00% - 9.85%
    Indiabulls Housing Finance Limited8.65%
    Kotak Bank8.70%
    LIC Housing8.50% - 10.50%
    Piramal Capital & Housing Finance10.50%
    PNB Housing Finance8.50% - 10.95%
    Reliance Home Finance8.75% - 14.00%
    State Bank of India/SBI9.10% - 9.65%
    Tata Capital8.95% - 12.00%