Home Loan In Karaikkal: Interest Rates, Documents Apply online
Best home loans in Karaikkal with low interest rates & higher eligibility. Apply for loans with low EMI, Processing Fees & Charges. Calculate emi & eligibility for loans.
Are you looking for home loans in Karaikkal at lowest interest rates so compare all major banks at
Home Loan applications received for rupees ₹ 419,027 crores till 22 December 2024
Current Home Loan interest Rates in Karaikkal
| SBI Home Loan | 8.55 – 9.55% |
| HDFC Ltd | 8.60 – 9.60% |
| ICICI Bank | 8.60 – 9.60% |
| LIC Housing Finance | 8.00 – 9.25% |
| PNB Housing | 8.50 – 11.20% |
| Kotak Bank | 8.49 – 9.10% |
| Bank of Baroda | 8.45 – 9.80% |
| Canara Bank | 8.60 – 10.80% |
| Aadhar Home loan | N.A |
Home Loan Criteria by various banks in Karaikkal:
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. Eligibility calculator Home loan & Home loan emi calculator
Documents Required for Housing loans in Karaikkal
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 statement. |
• 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 |
About Karaikkal:
Karaikal is a major port city of east coast of India and a municipality in Karaikal district in the Union Territory of Puducherry, India. Several explanations are offered for the word ‘Karaikal’. The imperial Gazetteer gives it the meaning ‘fish pass’. According to Julien Vinson the town is said to have known as Karaigiri in Sanskrit. However, the name Karaikal is no doubt a combination of two words ‘Karai’ and ‘Kal’. Both the words ‘Karai and ‘Kal’ have several meanings, of which the more acceptable ones are ‘lime mix’ and ‘canal’ respectively. Hence it has been suggested that the name may mean a canal built of lime mix. However, no trace of such a canal is evident now.
