United Bank of India Home Loan in Kochi

Last Updated : May 5, 2018, 5:10 p.m.

About United Bank of India Home Loan Kochi

United Bank of India offers a home loan to the people living in Kochi. The product can be availed by any eligible self-employed person or salaried employee based in the city. United Bank of India has opened up two branches in the city to have a smooth delivery of products and services. A home loan product is the best way to arrange required finance for the purchase of a house. In addition to this, one can repair, extend or improve his/her house with the help of the home loan product. United Bank of India provides the product at attractive interest rates and lower processing fees.

United Bank of India Home Loan Kochi 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 Kochi

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 Kochi

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.

For more information, please refer to Home Loan Kochi

Address of United Bank of India branches in Kochi

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.