SBI Home Loan Kakinada – Interest Rates 2024, Documents, Branch
Apply for SBI Home Loans in Kakinada ✔ Low EMI ✔ Interest Rates ✔ Instant apply ✔ Eligibility for loan amount. Check and Compare Home Loan Eligibility for sbi home loan interest rates in Kakinada.
Important Details about SBI Home Loan Kakinada
| 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 |
अधिक जानकारी – एसबीआई होम लोन की ब्याज दरें & SBI Home Loan.
State Bank of India Housing Loan Branches in Kakinada:
Calculate Your Monthly EMI with – Home Loan EMI Calculator
Why to Choose or Go with SBI Home loan in Kakinada:
- Package of exclusive benefits
- Low interest rates. Further, we charge interest on a daily reducing balance!!
- 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.
Want to know more about how much EMI amount you have to pay for Home loan – Check Here
Eligibility required for State bank housing loan:
- Minimum age: 18 years as on the date of sanction
- Maximum age: 70 years. i.e. the age by which the home loan should be fully repaid, subject to availability of sufficient, regular and continuous source of income for servicing the loan repayment.
- Eligibility Calculator: You can calculate your eligibility for home loan by using Calculator
Eligibility Loan Amount and 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.
Documents Required for SBI Home loans in Kakinada:
| Salaried | Self Employed |
| 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 |
For more information Toll Free: 1800112211 (Tollfree from BSNL/MTNL)
