SBI Home Loan Chandigarh – Interest Rates 2024, Eligibility, Apply Online
Apply for SBI Home Loans in Chandigarh: ✔ Low EMI ✔ Interest Rates ✔ Eligibility, Documents, Loan amount. Check and Compare Home Loan Eligibility for sbi home loan interest rates in Chandigarh.
Highlight’s on SBI Home Loan Chandigarh
| Interest Rates | 8.50% – 10.15% |
| Processing Fee | sbi home loan fees |
| Repayment | Upto 30 Years |
| Loan Amount | Upto 80% of Property |
| Foreclosure Charges | Nil |
| Monthly Income | Rs.12000 minimum |
| Lowest EMI per 1 Lakh | Rs.769 |
Major Home Loan Tools available in Chandigarh
अधिक जानकारी – एसबीआई होम लोन की ब्याज दरें & SBI Home Loan.
Eligibility required for State bank housing loan in Chandigarh
✓ Minimum age: 18 years as on the date of sanction
✓ Maximum age: 70 years. i.e. the age by which the loan housing should be fully repaid, subject to availability of sufficient, regular and continuous source of income for servicing the loan repayment.
✓ Minimum Income Should be Rs.10000 Per Month.
Loan Amount & factors:
Actual loan amount will be determined taking into consideration such factors as applicant’s income and repaying capacity, age, assets and liabilities, cost of the proposed house/flat etc. To enhance loan eligibility you have option to add:
✓ Income of your spouse/ your son/ daughter living with you, provided they have a steady income and his/ her salary account is maintained with SBI.
✓ Expected rent accruals (less taxes, cess, etc.) if the house/ flat being purchased is proposed to be rented out.
✓ Depreciation, subject to some conditions.
✓ Regular income from all sources.
How Much Loan amount you can get from the bank against the total value of Property:
| Individual Home Loan Amount | Margin (Min) | LTV Ratio (%) |
| Upto Rs. 20 Lacs | 10% | 90% |
| Above Rs. 20 Lacs. and upto Rs. 75 lacs | 20% | 80% |
| Above Rs. 75 lacs | 25% | 75% |
Repayment period: Maximum 30 years (or) Up to the age of 70 years (the age by which the loan should be fully repaid) of the borrower, whichever is early.
Moratorium period (Repayment holiday): The moratorium period is included within the maximum repayment period.
Documents Required for SBI Home loans in Chandigarh:
| Salaried | Self Employed | |
|
Documentation |
1) Application form with photograph 2) Identity & residence proof 3) Last 3 months salary slip 4) Form 16 5) Last 6 months bank salaried credit statements 6) Processing fee cheque |
1) Application form with photograph 2) Identity & residence proof 3) Education qualifications certificate & proof of business existence 4) Business profile, 5) Last 3 years profit/loss & balance sheet 6) Last 6 months bank statements 7) Processing fee cheque |
State Bank of India Home Loan Branches in Chandigarh:
| Branch | Branch Code | Address | Contact |
|---|---|---|---|
| MAMOON CANTTT PATHANKOT | 009839 | HQ 29 MTW DIV BUNGAL, GURDASPUR, CHANDIGARH, PUNJAB
City: PATHANKOT |
0186-2247038 0186-2249551 IP-404506 |
| BHAGU ROAD | 008476 | PUNJAB, BHATINDA, PIN.151001.
City: BATHINDA |
0164-2212838 IP-407456 |
| SERVICE BRANCH CHANDIGARH | 009850 | 105108 SEC17BCHD
City: CHANDIGARH |
0172-2714088, 2703772, 2714270, IP:400392, 400391 |
| ATTAWA, CHANDIGARH | 003936 | ATTAWA SECTOR 42 C CHANDIGARH CHANDIGARH , PIN – 160036
City: CHANDIGARH |
0172-2602013 IP: 400451 |
| HCS CHANDIGARH | 006831 | SECTOR 1, CHANDIGARH, HARYANA , PIN – 160001
City: CHANDIGARH |
0172-2749200 5080062, 2741281 IP:400476 |
| INDUSTRIAL ESTATE, CHANDIGARH | 001508 | M W MARKETIND AREA PHASE I CHANDIGARH HARYANA 160002
City: CHANDIGARH |
01722650602 IP – 400426 |
