Union Bank of India

Overview
Home loan is given for the purpose of purchase of independent house/flat, construction of independent house/flat, repair/improvement/extension of house/flat.
Loan Feature
Loan Amount | Depending on repayment capacity |
Interest Rate | 10.25% to 13.25% |
Tenure | Maximum 30 years |
Pre Payment Charges | There is no prepayment penalty if loanis prepaid from own verifiable sources. |
Service Charges |
No processing charges for loans upto Rs. 75 lakh (offer valid till 31/03/2014)
Processing charges @ 0.25% of the loan amount subject to maximum of Rs. 7,500 for loans above Rs. 75 lakh (offer valid till 31/03/2014)
Valuation / Legal / Stamp Duty / CERSAI / Memorandum registration charges as per actuals.
No processing charges for loans upto Rs. 75 lakh (offer valid till 31/03/2014) Processing charges @ 0.25% of the loan amount subject to maximum of Rs. 7,500 for loans above Rs. 75 lakh (offer valid till 31/03/2014) Valuation / Legal / Stamp Duty / CERSAI / Memorandum registration charges as per actuals. |
Eligibility Criteria : Home Loan
Salaried | Self | |
---|---|---|
Age | Minimum 21 years | Minimum 21 years |
Income | Information not available | Information not available |
Job Experience | Information not available | Information not available |
Residence Proof | Valid Residence proof | Valid Residence proof |
Docs Required : Home Loan
Salaried | Self | |
---|---|---|
ID Proof | PAN card/Voters ID/Passport/Driving License/Any other valid proof | PAN card/Voters ID/Passport/Driving License/Any other valid proof |
Address Proof | Recent telephone bill/Electricity bill/Passport/Voters ID/Driving License/Any other valid address proof | Recent telephone bill/Electricity bill/Passport/Voters ID/Driving License/Any other valid address proof |
DOB Proof | Information not available | Information Not Available |
Financial Docs | • Statements (latest 3 months bank statement / 6 months bank passbook) • Last one year ITR |
• Last 3 years ITR |
Other Charges : Home Loan
0.50% of loan amount subject to a maximum of Rs.15000/- plus service tax as applicable
PREPAYMENT PENALTY
Floating rate loans:
Fixed rate loans:
SECURITY: