United Bank of India Home Loan in Chandigarh

Last Updated : March 13, 2020, 2:55 p.m.

About United Bank of India Home Loan Chandigarh

Who wouldn’t want to live in Chandigarh? After all, it is one of the planned cities in India. The city is known for its cleanliness, good roads and nightlife. Many people in India wish to settle in the city. It is a dream come true when you are able to buy your own house in Chandigarh. You can now do so by availing a home loan offered by United Bank of India. The bank has set up four branches in the city so as offer the product to every eligible customer. The product can be used to meet any kind of housing needs of the interested applicant.

United Bank of India Home Loan Chandigarh at a glance

The essential details about the product offered by United Bank of India have been given below.

Eligibility criteria for United Bank of India Home Loan Chandigarh

Any applicant who can fulfill the norms given below will be eligible for a home loan offered by United Bank of India. Check them out.

• The applicants should be over the age of 21 and must have a regular source of income.
• The applicant, can be a salaried employee or a self-employed person or even a professional.
• The applicant should not exceed the age of 70 whenever the loan tenure matures. This means the loan has to be fully repaid by the age of 70 years.
• The Salaried employee needs to be in permanent and regular service.
• Professional and self-employed individuals should be employed in their current trade or profession for a minimum period of two years.
• Self-employed and businesses need to have at Income Tax returns of at least two year

Documents required for United Bank of India Home Loan Chandigarh

The list of the all the important documents required for a home loan offered by United Bank of India has been given below. Check them out.

For Salaried employees

• Photographs of passport size of the applicant
• Completely filled application form
• Proof Of Identity- Aadhar card/Passport/PAN Card/Voter ID Card/Driving License
• Proof of Residence-Aadhar Card/Passport/Voter ID Card/Lease agreement/Telephone bill/Ration card/Electricity bill
• Proof of Age- Birth Certificate/ SSLC or AISSE Certificate/Passport/Driving License
• Proof of Income- Salary slip of three months /Latest salary certificate, IT returns of the past two years or Form 16
• Bank statement of the past six months.

For Self-employed people

• Photographs of passport size of the applicant
• Completely filled application form
• Proof Of Identity- Aadhar card/Passport/PAN Card/Voter ID Card/Driving License
• Proof of Residence-Aadhar Card/Passport/Voter ID Card/Lease agreement/Telephone bill/Ration card/Electricity bill
• Proof of Age- Birth Certificate/ SSLC or AISSE Certificate/Passport/Driving License
• Proof of Income- Income Tax returns of the previous two years along with Balance Sheet/ Profit & Loss account
• Bank account statements of the past 12 months
• Proof of existence of business and its profile

Important Property documents –

• Agreement for Sale & construction,
• Letter of Allotment,
• Tripartite Agreement which has to be given before disbursal of loan, Certificate of possession,
• Detailed cost of construction and Land tax receipt.

Have a look at Home Loan Chandigarh for more information.

Address of United Bank of India branches in Chandigarh

The complete list of United Bank of India branches in the city has been given below with their address, IFSC & MICR codes and contact details.