Oriental Bank of Commerce Home Loan in Chennai

Last Updated : May 5, 2018, 4:03 p.m.

About Oriental Bank of Commerce Home Loan in Chennai

Chennai is one of the places that an avid traveller be from India or elsewhere keep it in the tour itinerary. Full of seawater, the capital city of Tamil Nadu is a wonderful location to explore and soak in the magnanimous experience that results from the same. Talking about the rented residents here, a dream home is what they crave for. If you figure among those, just apply for a home loan at Oriental Bank of Commerce, which has a fairly higher number of branches in Chennai. Its home loans are offered at pocket-friendly interest rates and enable an experience of smooth repayment.

Oriental Bank of Commerce Home Loan Chennai at a Glance

Oriental Bank of Commerce Home Loan Eligibility Criteria in Chennai

Want to apply for a home loan at OBC in Chennai? 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 Chennai

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 Chennai.

• 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 Chennai

Oriental Bank of Commerce Home Loan Chennai Branches