Home Loan Sbi-aurangabad

Features of SBI Home Loans:-

Package of exclusive benefits.
Low interest rates.
Low processing charges.
No hidden costs or administrative charges.
No prepayment penalties. Reduce your interest burden and optimally utilize your surplus funds by prepaying the loan.
Over 13,700 branches nationwide, you can get your Home Loan account parked at a branch nearest to your present or proposed residence.

Eligibility:

Minimum age: 18 years as on the date of sanction
Maximum age: 70 years. i.e. the age by which the loan should be fully repaid, subject to availability of sufficient, regular and continuous source of income for servicing the loan repayment.

Banks	HDFC Bank	AXIS Bank	State Bank Of India (SBI)	ICICI Bank
Rate of Interest	8.50% - 9.40%	8.60% - 9.05%	8.60% - 9.65%	9.00% - 9.10%
Processing Fee	3000 + Tax (Salaried), 5000 + Tax (S. Employed)	Up to 1% of the Loan amount subject to minimum of Rs.10,000/-	Nil till 31.04.2023	2999+GST for CIBIL Score above 710, .50% + GST for Score below 710.50% + GST for Score below 700
Prepayment Charges	3000 + Tax (Salaried), 5000 + Tax (S. Employed)	Up to 1% of the Loan amount subject to minimum of Rs.10,000/-	No Prepayment or foreclosure Charges	3000 + Tax

Eligibility Criteria

Eligibility Criteria for Home Loan in Sbi-aurangabad

The borrower's eligibility of getting a housing loan depend upon his/her repayment capacity & the banks establish this repayment capacity by considering various factors such income, spouse's income, age, number of dependants qualifications , assets, liabilities, stability and continuity of occupation and savings history. Calculate your Eligibility for Home loan
Your Home Loan eligibility is determined by your repayment capacity, taking into consideration, factors such as: Your:
• Income
• Qualifications
• Age
• Spouse's income
• No. of dependants
• Stability and continuity of occupation
• Assets/LiabilitiesM.
• Savings history.
The most important concern of banks in determining your loan eligibility is that whether or not you are contentedly able to pay off the amount you borrow.

List of Home Loans Banks

State Bank of India(SBI)

HDFC Ltd

LIC Housing Finance

ICICI Bank

Axis Bank

State Bank of India(SBI)	HDFC Ltd	LIC Housing Finance	ICICI Bank	Axis Bank
Fedbank	PNB Housing	ING Vysya	Kotak Bank	DHFL
Bank of Baroda	Bank of India	Union Bank of India	United Bank of India	Punjab National Bank
Standard Chartered	IndusInd Bank	IDBI Housing Finance	Andhra Bank	Citibank
Canara Bank	Indian Bank	Vijaya Bank	Corporation Bank	IDBI Bank

Documents required
for Home Loan

Documents required for Home
Loan in Sbi-aurangabad

Generally the documents required to processing your loan application are almost similar across all the banks; however they may differ with various banks

Generally the documents required to processing your loan application are almost similar across all the banks; however they may differ with various banks depending upon specific requirement etc. Following documents are required by financial institutions to process the loan application:
· Age Proof
· Address Proof
· Income Proof of the applicant & co-applicant
· Last 6 months bank A/C statement
· Passport size photograph of the applicant & co-applicant

Salaried	Self Employed
· Employment certificate from the employer, · Copies of pay slips for last few months and TDS certificate · Latest Form 16 issued by employer Bank statements	· Copy of audited financial statements for the last 2 years · Copy of partnership deed if it is a partnership firm or copy of memorandum of association and articles of association if it is a company · Profit and loss account for the last few years · Income tax assessment order

Eligibility Criteria

Eligibility Criteria for Home Loan in Sbi-aurangabad

Calculate your Eligibility & EMI with Home loan calculator – Click here to calculate

List of papers/ documents applicable to all applicants:

Completed loan application
3 Passport size photographs
Proof of identify (photo copies of Voters ID card/ Passport/ Driving licence/ IT PAN card)
Proof of residence (photo copies 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 (wherever applicable):

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 required for salaried persons :

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 required 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.

About Aurangabad

Aurangabad is a city in the Aurangabad district of Maharashtra state in India. Aurangabad is named after the Mughal emperor Aurangzeb. The city is a tourism hub, surrounded by many historical monuments, including the Ajanta Caves and Ellora Caves, which are UNESCO World Heritage Sites, as well as Bibi Ka Maqbara.[2] The administrative headquarters of the Aurangabad Division or Marathwada region, Aurangabad is titled "The City of Gates" and the strong presence of these can be felt as one drives through the city. Aurangabad is Tourism Capital of Maharashtra.

State bank of India branches in Aurangabad

Address: Plot No 79, Udyog Bhavan-5, Industrial Area, Cidco, Aurangabad, Maharashtra 431003
Address: Survey No.23, Gut No.24, Vivekananad Nagar, Near Pundlik Nagar Water Tank, Sector N 4, Cidco, Aurangabad, Maharashtra 431003
Address: Sindhi Colony, Aurangabad, Maharashtra 431001
Address: Plot No 79, N-5, C I D C O, Aurangabad, Maharashtra 431003
Address: Mondha, Aurangabad, Maharashtra 431001
Address: 64, Dashmesh Nagar, Usmanpura, Aurangabad, Maharashtra 431005
Address: Plot Number 1, Punyai, Garkheda Road, Garkheda, Aurangabad, Maharashtra 431005
Address: Jalna Road, Beside Amarpreet Hotel, Mondha, Aurangabad, Maharashtra 431001

Compare Banks Home Loan Interest Rates in Aurangabad

SBI Home Loan in Aurangabad	HDFC Ltd Home Loan in Aurangabad	Bank of Baroda Home Loan in Aurangabad
ICICI Home Loan in Aurangabad	Union Bank Home Loan in Aurangabad	PNB Housing Finance in Aurangabad
Standard Chartered Bank Home Loan in Aurangabad	LIC Home Loan in Aurangabad	Bajaj Finserv Home Loan in Aurangabad

Source: SBI Website

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Top Home Loan Banks

Home Loan Rates 2024

IDBI	8.75% - 12.25%
AXIS Bank	8.60% - 9.05%
LIC Housing	8.50% - 10.50%
HDFC Bank	8.50% - 9.40%
ICICI Bank	9.00% - 9.10%
Bank of India	8.65% - 10.75%
Bank of Baroda	9.15% - 10.50%
Canara Bank	8.90%- 11.25%
HSBC Bank	8.75% - 8.85%
State Bank Of India (SBI)	8.60% - 9.65%
Indian Bank	NA
GIC Housing Finance	8.45%