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

Oriental Bank of Commerce Home Loan in Chennai

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

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 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

Branch NameComplete AddressIFSCMICRContact Detail
Mount Road769, Spencer Plaza, Ground Floor, Mount Road, Chennai, Tamil Nadu-600002ORBC0100165600022003044-28494252
Armenian StreetIspahani Begum Complex, 91, Armenian Street, Chennai, Tamil Nadu- 600001ORBC0100234600022002044-25228543
NandanamPadma Complex, 467, Anna, Salai, Nandanam, Chennai, Tamil Nadu-600035ORBC0100535600022004044-24321413
MoulivakkamD No 5/88A, Kunrathur, Main Road, Moulivakkam, Chennai, Tamil NaduORBC0100581600022005044-24826038
Annanagar T-94, 3rd Avenue, Annanagar East, Chennai, Tamil NaduORBC0100822600022007044-26289943
T NagarNo1 Dr Singaravelu St, Pondy Bazar T Nagar, Chennai, Tamil Nadu-600017ORBC0100928600022008044-24353614
Mogappair 4/PC.1 MMDA, Mogappair West, Chennai, Tamil NaduORBC0101012600022009044-26534252
KotturpuramNo.1, First Main Road, Kotturpuram, Chennai, Tamil Nadu-600085ORBC0101024600022010044-24474288
MylaporeDr Radhakrishna Salai, Mylapore, Chennai, Tamil Nadu-600004ORBC0101043600022015044-24998116
AdyarLattice Bridge Road, Adyar, Chennai, Tamil Nadu-600020ORBC0101063600022018044-24421459
Kilpauk824, Opposite KMC, Ponaml HG Road, Kilpauk, Chennai, Tamil Nadu- 600010ORBC0101065600022012044-26427097
Porur50/1, Old No.222, Trunk Road, Porur, Chennai, Tamil NaduORBC0101102600022014044-24826801
Selaiyur539-Velachery Road, Selaiyur, Chennai, Tamil Nadu-600073ORBC0101113600022016044-22394217
Mid Corporate Branch121, Kilpauk Garden, Road Kilpauk, Chennai, Tamil Nadu-600010ORBC0101213600022019044-26444437
PeramburNo. 90, Paper Mills Road, Perambur, Chennai, Tamil Nadu-600011ORBC0101676600022024044-28493344

  • 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%