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Re: Indian Overseas Bank Home Loan Rates
As you asked that you want to take a home loan from Indian overseas bank. So here are the interest rates For Rs 30 lakhs – Up to 5 years rate is 11% Up to 5-10 years rate is 11.25% Up to 10-20 years rate is 11.50% Documents required:- An application form Salary certificate as a proof of income (for employed individuals) Proof of income Agreement for sale of house/flat Proof of membership Proof for experience in the line of activity Estimates for Construction/Valuation Report for Acquisition/Legal opinion on the Property from Bank approved Engineer/Lawyer Eligibility:- Age should be above 23 years and must no exceed 58 years.Must earn an income of at least 1.25 lakh rupees per annum should be an Indian If you want more information than go to nearest Indian overseas bank branch or visit the official website of bank |
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