SBI Home Loan in Kochi

Last Updated : Feb. 27, 2020, 3:13 p.m.

About SBI Home Loan in Kochi

SBI home loans are one of the most demanding home loans in India with one of the lowest interest rates on loans. There is easy documentation involved in the process and you can get instant approval for your loan. To apply at Kochi branch, check eligibility now and other important details.

It is also important to note that SBI has recently merged with its five associate banks namely State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH) and State Bank of Patiala (SBP) on 1st April 2017.

Apply SBI Home Loan @ 9.15%* Rate

SBI Home Loan Kochi at a Glance

Eligibility Criteria

The eligibility criteria for State Bank of India (SBI) home loan is as follows:

• Minimum age of the applicant should be 18 years
• Maximum age of the applicant should be 70 years at the time of repayment

Documents Required

The documents checklist for a home loan and get instant approval at SBI is as follows:

For Applicants:

• Completed loan application
• 3 Passport size photographs
• Proof of identity (photocopies of Voters ID card/ Passport/ Driving license/ IT PAN card)
• Proof of residence (photocopies of recent Telephone Bills/ Electricity Bill/
• Property tax receipt/ Passport/ Voters ID card)
• Proof of business address for non-salaried individuals
• Statement of Bank Account/ Pass Book for last six months
• Signature identification from present bankers
• Personal Assets and Liabilities statement

For Guarantor:

• Personal Assets and Liabilities Statement
• 2 passport size photographs
• Proof of identification as above
• Proof of residence as above
• Proof of business address as above
• Signature identification from his/her present bankers

Additional Documents for Salaried:

• Original Salary Certificate from employer
• TDS certificate on Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt.

Additional Documents for Professionals/ Self- Employed/ Other IT assesses:

• Acknowledged copies of three years I.T. returns/ Assessment Orders
• Photocopies of challans evidencing payment of Advance Income Tax

For more information, read Home Loan Kochi

Address of SBI Branches in Kochi

The branch address, IFSC Code, MICR Code and customer care details of State Bank of India branches located in Kochi are mentioned in the table below: