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Old 17th September 2012, 03:32 PM
ravi mishra.e
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Default Union Bank of India Home Loan Details

I want to take home loan from Union Bank of India so I need the detail of loan so give me the procedure to apply for the loan and also tell me that what the document are needed for the home loan?
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  #2  
Old 20th September 2012, 10:05 PM
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Join Date: May 2012
Default Re: Union Bank of India Home Loan Details

As you want to take home loan from Union Bank of India here I am providing you some needful details about the home loan from Union Bank .
ELIGIBILITY
Indian citizen above 21 year .
Applicant should have regular source of income which not be less 48,000/ year
GUARANTEE
A guarantee of sufficient is required.
MORATORIUM PERIOD
Moratorium period of up to 18 months**
Home Loan Interest Rate
Floating Interest rate – 10.50%
Processing Fee - 0.50% of the loan amount subject to maximum of Rs. 15,000
Documents
• 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.

There is very easy process to apply for home loan, you just have to visit to your nearest branch of Union bank of India and contact the concern person .
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