Apply for Home Loan in Ludhiana online at lowest interest rates 2024. Check Home Loan in Ludhiana eligibility criteria, list of documents and bank branches only at Deal4loans.
Highlights on Home Loans in Ludhiana
| Interest Rates |
8.65% – 9.00% |
| Processing Fees |
0 to 2.00% of the loan amount + GST |
| Pre Payment Charges |
NIL for floating, Fixed Rates check with Bank |
| Repayment Period |
3 to 30 years |
| Part Payment Facility |
Yes, all bank |
Compare Home Loan Rates in Ludhiana 2024
Home Loan Tools in Ludhiana
Eligibility Criteria for Home Loans in Ludhiana
| Age |
21 – 58 years |
| Income |
1.80 lakh annually for salaried, 3 Lakh ITR for Self Employed |
| Job Stability |
Minimum 2 Years for salaried, 3 years for self employed |
| Eligible for Joint Home Loan |
Brother, Mother, Father, Spouse |
| Loan amount |
2 lakh to 50 crore |
Home Loan EMI Calculator Ludhiana
Checklist of Documents for Home Loan in Ludhiana
- List of papers / documents applicable to all applicants:
- Completed Home loan application
- 3 passport size photographs (including those affixed in loan application)
- Proof of identification: Electoral ID Card / Passport / Driving License / PAN card.
- Proof of residence: Electoral ID Card / Passport / Electricity Bill / Telephone Bill.
- Proof business address, in case of non- salaried borrowers
- Statement of bank account for the last six months
- Signature identification from present bankers
- Personal Assets and Liabilities Statements in Bank’s standard format.
- Brief write up of securities charged in respect of other loans availed from our Bank/other
- Banks/ Auto & Housing Loan Companies /other sources.
About Ludhiana:
The city of Ludhiana with the population of more than 35 Lacs, is the District Headquarters of Ludhiana. Ludhiana is located on the latitude 30.55° North and longitude 75.54° East in the state of Punjab in northern India. The city stands on the Grand Trunk Road from Delhi to Amritsar. Ludhiana is now Punjab’s most populated and very rapidly growing metropolitan city. It is on the south bank of the Sutlej river. The city was the sight of a great battle during the first Sikh wars. It was also an important center during the struggle for freedom, and is associated with names like Lala Lajpat Rai, Sardar Kartar Singh, Baba Santa Singh and Maulana Habibur Rehman. An important industrial town, Ludhiana in Punjab, is Textile and light engineering centre of India. Woollen garment machine tools, dyes, cycle parts, mopeds, sewing machines and motor parts produced here are exported all over the world. Ludhiana accounts for 90% of the country’s woollen hosiery industry.
