Loan Amount Up to Rs. 25 Crores Interest Rate 8.45% – 9.45% Tenure Maximum 30 Years Processing Charges 0.50% of Loan Amount or Minimum Rs. 10,000 plus tax. Pre-closure Charges Nil Allahabad Bank offers customized home loan products to meet varied needs & requirements of every borrower. Along with relaxed eligibility criteria, maximum loan amount up to Rs. 5 Crores, repayment period of 30 years in EMIs, Allahabad Bank is easily the number one choice for all home loan borrowers. …
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Home loan is a secured type of loan, offered only for purchasing a new/old property or construction of the house on a self-owned property. On approval, an eligible applicant receives from 75% to the maximum upto 90% of the home loan amount as per the total loan amount he/she has applied for earlier. Moreover, unlike personal loan, home loan comes with repayment holiday where borrower doesn’t need to make EMIs until the construction of the house have started. Interest Rates …