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Tags:EMI

Corporation Bank offers a moratorium of up to 18 months on home loans towards under construction houses. Moratorium loans differ from regular home loans, which have an EMI that begins immediately after disbursement.

Corporation Bank offers a Home Loan EMI calculator for applicants looking to apply for an home loan. 

Income proof and ID proof are the two primary documents required to get a home loan with Corporation Bank. Then there are documents relating to the house you are purchasing which will be scrutinized by the legal team to ensure the genuineness of the sale. 

For a home loan of Rs.50 lakh, with an interest rate of 7.5% and a repayment tenure of 20 years will cost you a monthly EMI of Rs. 40,280. 

A Rs.30 lakh home loan, with an interest rate of 6.5% and a repayment tenure of 20 years will cost you a monthly EMI of Rs. 22,367. 

A Rs.20 lakh home loan, with an interest rate of 6.5% and a repayment tenure of 20 years will cost you a monthly EMI of Rs. 14,911. 

An Rs.10 lakh home loan, with an interest rate of 7.5% and a repayment tenure of 20 years, will cost you an EMI of Rs.8056 per month. 

Any loan is a long-term commitment. It requires disciplined debt management to repay the loan on time so that you don’t end up with huge interest charges. 

Tags:Loans

Corporation Bank offers different kinds of retail and corporate loans to eligible individuals. Applicants can apply both online and at the branch to avail these credit facilities. 

Corporation Bank home loan interest rates are majorly based on your credit score; the higher the credit score, the lower the interest rate. 

Aditya Birla home loan borrowers can make loan repayment by making instalment payments through NACH (National Automated Clearing House). The lender allows easy online EMI payments to offer maximum convenience to borrowers.

Here are the details of the loan amount that can be availed from Aditya Birla Housing Finance on home loans

To apply for a home loan from Aditya Birla Finance, an applicant can use one of these processes

Aditya Birla Housing Finance Ltd offers home loans at a maximum of 90% of the property value. Here are the details of various home loan schemes offered by this lender

The different types of home loans offered by ABHFL or Aditya Birla Housing Finance Ltd are

Aditya Birla's home loans are better than other offers since the lender charges a floating interest rate starting from 9.00% p.a. on home loans. These loans can be availed by salaried and self-employed individuals for purchasing, constructing, improving, and refurbishment of their homes.

The current eligibility criteria for RBL home loans are as given in the table below

The effective home loan interest rates offered by RBL bank on floating rate home loans can range between 8.50% - 11.00% p.a. The maximum home loan amount and tenure offered by the bank depends on eligibility criteria.

RBL bank offers concessional home loan interest rates for women borrowers through various schemes launched at regular intervals. 

RBL bank offers a revision of home loan interest rates to existing customers depending on ongoing interest rates in the market and the bank’s decision criteria.

As of Q3’21 interest rate announcements, RBL Bank has reduced its home loan interest rates by 0.7%. The earlier interest rate was 10.20% which has now come down to 9.50%. RBL bank offers one of the best home loan interest rates in the Indian market.

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