Oriental Bank of Commerce Home Loan in Indore

Last Updated : May 5, 2018, 4:05 p.m.
About Oriental Bank of Commerce Home Loan in Indore
All eyes on buying a home in your city i.e. Indore? Not finding the home loan offers interesting enough? Why don’t you glance at Oriental Bank of Commerce Home Loan offer and give your long-standing home dream a fulfillment? With attractive interest rates, simple documentation and easy loan processing, the bank has become a game changer in the space. Before you grab the offer, let’s take a quick look at what bank has in store for home loan borrowers in Indore, one of the largest city in Madhya Pradesh.
Oriental Bank of Commerce Home Loan Indore at a Glance
Particulars | Details |
---|---|
Interest Rate | 8.60% - 9.95% |
Loan Amount | Depends upon your income, saving and repayment capability |
Loan Tenure | Upto 30 years, including the 18-month moratorium period subject to the dwelling unit’s age |
Processing Fee | 0.50% of the loan amount plus service tax as applicable. |
Prepayment Charges | NIL |
Oriental Bank of Commerce Home Loan Eligibility Criteria in Indore
Want to apply for a home loan at OBC in Indore? Check eligibility now from the below pointers that come your way as it will determine where you stand as far as approval for a 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 Checklist to Avail Oriental Bank of Commerce Home Loan in Indore
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 Indore.
- 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 Indore
Oriental Bank of Commerce Home Loan Indore Branches
Branch Name | Complete Address | IFSC | MICR | Contact Detail |
---|---|---|---|---|
RNT Marg | 12/2 RNT Marg Chetak Centre, Indore, Madhya Pradesh-452001 | ORBC0100183 | 452022002 | 0731-2527698 |
Sneh Nagar | 95-A, Scheme No. 47, Sneh Nagar, Madhya Pradesh-452001 | ORBC0100623 | 452022003 | 0731-4090928 |
Scheme No-54 | B-34, Scheme No-54, Indore, Madhya Pradesh-452010 | ORBC0100788 | 452022004 | 0731-4009675 |
Sudama Nagar | 83-A, Sudama Nagar, Madhya Pradesh | ORBC0100884 | 452022005 | 0731-2480771 |
Y N Road | Y N Road, Madhya Pradesh-452003 | ORBC0100911 | 452022006 | 0731-2541034 |
A B Road | Nikita Apartment, Plot No.3, R K Puram Colony, Adjoining Amaltas Hotel, A B Road, Indore-452008 | ORBC0101305 | 452022008 | 9425343720 |
Sarv Suvidha Nagar | Simran Regency, 108, Sarv Suvidha Nagar, Indore | ORBC0101631 | 452022009 | |
Khatiwala Tank | R-202, Khatiwala Tank, Indore | ORBC0101651 | 452022010 | |
Sanwer Road | Oriental University Campus, Sanwer Road, District, Indore | ORBC0101697 | 452022011 | 0755-2553517 |
Jamniya Khurd | Village Jamniya Khurd, P.O. Sanawdia, District-Indore, Madhya Pradesh-452016 | ORBC0102113 | 9425609936 | |
Scheme 134 | 20/RC, Scheme 134, District Indore, Madhya Pradesh-452010 | ORBC0102180 | 9303613669 | |
Venkatesh Nagar | 325, Venkatesh Nagar, New 60 FT. Road, Indore, Madhya Pradesh-452005 | ORBC0102181 | 8718864999 |
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