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

Oriental Bank of Commerce Home Loan in Jammu

About Oriental Bank of Commerce Home Loan in Jammu

Oriental Bank of Commerce (OBC), set up in 1943, has gradually made it big in India’s banking space consisting of various players looking to stay ahead of each other. Over the years, the bank has developed a wide range of products to suite the tastes of the customers. Among the products available, a home loan is also there. The product appeals to the masses owing to the affordable interest rates offered by the bank on the same. Its home loans can be availed by people all over India. And it also includes Jammu, located in the state of Jammu & Kashmir.

Oriental Bank of Commerce Home Loan Jammu 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 Jammu

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

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 Jammu.

  • 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 Jammu

Oriental Bank of Commerce Home Loan Jammu Branches

Branch NameComplete AddressIFSCMICRContact Detail
Raghunath BazarRaghunath Bazar, Jammu, Jammu & Kashmir-180001ORBC01000990191-2573810
Trikuta Nagar12-P Sector-4, Trikuta Nagar, Jammu, Jammu & Kashmir-180012ORBC01006811800220030191-2472173
Rehari ChungiB.C. Road, Rehari Chungi, Jammu, Jammu & Kashmir-180005ORBC01007290191-2545905
Gandhi Nagar10 B/B Extension, Gandhi Nagar, Jammu, Jammu & Kashmir-180004ORBC01010171800220040191-2436404
Channi Himmat Housing ColonyChanni Himmat Housing Colony, Jammu, Jammu & Kashmir-180001ORBC01011491800220050191-2460258
VijaypurMain Chowk, Vijaypur, Jammu, Jammu & KashmirORBC0101194
NarwalTransport Nagar, Plot No 6, Narwal, Jammu, Jammu & KashmirORBC01011950191-2490401
Akhnoor Akhnoor Exchange Road, Near Kameshwar Filling Station Akhnoor, District Jammu, Jammu & KashmirORBC01019959697047022
Pata BohriPlot No.973, Pata Bohri, P.O. Talab Tillo, Jammu, Jammu & KashmirORBC01021071800220119622039999

  • 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%