About Oriental Bank of Commerce Home Loan in Mumbai
The city of Mumbai, also called as Aamchi Mumbai in the local Maharashtrian language, is a dream place to be in with top capitalists ruling the roost with their game changing decisions. With the existence of so many companies, the city employs a large chunk of the country’s population, many of whom have come from other states and the cities. Even after spending many years in the financial capital, there are still plenty of people not able to sleep in their own home due to the surging property prices here. To fill this void, Oriental Bank of Commerce (OBC) has stepped up the efforts with an affordable home loan offering. So, come and grab one best offer at OBC, which houses a greater number of branches in Mumbai.
Oriental Bank of Commerce Home Loan Mumbai at a Glance
|Interest Rate||6.75% - 7.80%|
|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.|
Oriental Bank of Commerce Home Loan Eligibility Criteria in Mumbai
Want to apply for a home loan at OBC in Mumbai? First check eligibility now from the below pointers that come your way before applying for the loan, as it has to be met for getting a loan from the public lender.
- 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 for Applying for Oriental Bank of Commerce Home Loan in Mumbai
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 Mumbai.
- 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 Mumbai
Oriental Bank of Commerce Home Loan Mumbai Branches
|Branch Name||Complete Address||IFSC||MICR|
|Fort||Jash Chambers, Sir P M Road, Fort, Mumbai, Maharashtra-400001||ORBC0100023||400022005|
|Kalbadevi||17/19, Bomanji Masterrd, New Silk Bazar Kalbadevi, Mumbai, Maharashtra-400002||ORBC0100055||400022006|
|Lamington Road||393, Sir Mangaldas House, Lamington Road, Mumbai, Maharashtra-400004||ORBC0100105||400022007|
|Andheri (West)||Manubharti, 212, SV Road, Andheri (West), Mumbai, Maharashtra-400058||ORBC0100142||400022002|
|Mandvi||379/382 Narshi Natha, Street, Mandvi, Mumbai, Maharashtra-400009||ORBC0100187||400022009|
|Neapean Sea Road||39, B/1, Matru Ashish, Neapean Sea Road, Mumbai, Maharashtra-400036||ORBC0100201||400022010|
|Santacruz(West)||Ground Floor, Ajay Apartments, S.V. Road, Santacruz(West), Mumbai, Maharashtra-400054||ORBC0100232||400022011|
|Dadar||ALF Gokhale Road (South), Dadar (West), Mumbai, Maharashtra-400028||ORBC0100235||400022004|
|Kalyan||Onkar Apartments, New Station Road, Kalyan, Mumbai, Maharashtra-421301||ORBC0100295||400022015|
|Malad(West)||Vikas Chambers, Marve, Link Road, Malad(West), Mumbai, Maharashtra-400069||ORBC0100405||400022008|
|Ghatkopar||Narsingh Mehta Marg, Ghatkopar, Mumbai, Maharashtra-40086||ORBC0100456||400022014|
|Kandivali (East)||Gokul Monarch Cooperative Housing Society, Kandivali (East), Mumbai, Maharashtra-400101||ORBC0100560||400022021|
|Powai||B1, LGL-34 Galleria, Hiranandani Grd Powai, Mumbai, Maharashtra-400076||ORBC0100632||400022025|
|Dombivli (East)||48, Shivleela, Tilak Road, Dombivli (East), Mumbai, Maharashtra-421201||ORBC0100745||400022027|