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

Oriental Bank of Commerce Home Loan in New Delhi

About Oriental Bank of Commerce Home Loan in New Delhi

New Delhi, the capital of India, has many government and corporate offices, employing various people for different tasks. A home in New Delhi is always a great possession to have as it allows you to live the experience of eating foods at best restaurants, watching cinemas in spectacular theatres, etc. To let the Delhites buy a home, Oriental Bank of Commerce (OBC) provides a home loan at attractive interest rates, backed up with easy loan processing and simple documentation. All the information related to Oriental Bank of Commerce Home Loan New Delhi are explained here.

Oriental Bank of Commerce Home Loan New Delhi 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 New Delhi

Want to apply for a home loan at OBC in New Delhi? 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 New Delhi

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 New Delhi.

  • 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 New Delhi

Oriental Bank of Commerce Home Loan New Delhi Branches

Branch NameComplete AddressIFSCMICRContact Detail
E Block Connaught PlaceE Block, Harsha Bhavan, Connaught Place, New Delhi-110001ORBC0100007110022005011-23417254
A Block Connaught PlaceA 30-33, Connaught Place, New Delhi-110001ORBC0100179110022006011-23321991
Karol Bagh8/1 Ground Floor, Abdul Aziz Road, Karol Bagh, New Delhi-110005ORBC0100012110022012011-28756884
DaryaganjNetaji Subhash Marg, Daryaganj, Delhi-110002ORBC0100013110022007011-23272897
East Patel Nagar26/33, East Patel Nagar, New Delhi-110008ORBC0100016110022024011-25852893
Kirti NagarN-104, Kirti Nagar, New Delhi-110015ORBC0100022110022015011-25152844
MahipalpurK-59, Vasant Kunj Road, VPO-Mahipalpur, New Delhi-110037ORBC0100029110022016011-26785514
Munirka92 E/1 Rk Market, Po-Jawahar Lal Nehru University, Munirka, New Delhi-110067ORBC0100101110022017011-26164615
Old Rajinder Nagar104, Old Rajinder Nagar Market, New Delhi-110060ORBC0100139110022026011-25861508
South Extension, Part-1G-11, South Extension, Part-1, New Delhi-110095ORBC0100144110022031011-24694310
Panchsheel Park16, Shopping Centre, Panchsheel Park, New Delhi-110017ORBC0100212110022023011-26490368
Nehru PlaceHemkunt Chambers, 89 Nehru Place, New Delhi-110019ORBC0100217110022020011-26211462
Naraina44, Community Centre, Phase-I, Naraina, Delhi-110028ORBC0100222110022018011-25797419
Paharganj1649, Main Bazar, Paharganj, New Delhi-110055ORBC0100282110022022011-23562653
Dhichaon KalanVillage & P.O. Dhichaon Kalan Block Najafgarh, Delhi-110043ORBC0100323110022008011-28016328
SaketSaket Cultural Club, Opp Anupam Cinema, Saket, New Delhi-110017ORBC0100356110022029011-26510781

  • 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%