PUBLIC SECTOR BANKS HOME LOAN ELIGIBILTY.
INTEREST RATES,ELIGIBLE LOAN AMOUNT AND SCHEME DETAILS.
MAJOR PUBLIC SECTOR BANKS AND PRIVATE BANKS IN INDIA.
HOME LOAN ELIGIBILITY AND LOAN AMOUNT

Eligibility and interest rates subject to change and differs from bank to bank .
Confirm from the respective bankers before taking decisions.

Bank Interest Max Loan Period Maximum Loan Amount Scheme Details
Bank of Baroda 9.65% 30 years "Monthly income upto 20000:36 times monthly income"
Monthly income upto 1.00 lakh:48 times monthly income
Monthly income above 1.00 lakh:54 times monthly income
Click for Scheme Details
Bank of India 9.70% 30 years 72 times of gross monthly salary
or 6 times of gross annual income based on I-T Returns.
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Canara Bank 9.55% 30 years 4 years of gross salary to salaried individuals. Click for Scheme Details
Corporation Bank 9.65 % 30 years Fixed in such a way that EMI/Notional interest
of existing and proposed loan together shall not exceed
50% to 70% of net income of the borrowers.
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Indian Bank 9.55% 20 Years 36 times of Gross Monthly Income or
60 times of Net Monthly Income whichever is higher
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Indian Overseas Bank 9.70% 30 years 75% to 90% of the cost of the house/flat
excluding Registration and Documentation charges.
The amount depends on your age and repayment capacity.
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Punjab National Bank 9.45% 30 Years Need based loan depending upon the project
cost and repaying capacity.
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Syndicate Bank 10.25% 30 Years 72 months Gross Salary in case of Salaried Class.
Total deductions should not exceed 60% of Gross Salary
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UCO Bank 9.70% 30 Years
For Gross Monthly Income (GMI) upto Rs.50,000/- - EMI not to exceed 60% of GMI
For GMI above Rs.50,000/- and upto Rs.1,00,000/- -EMI not to exceed 70% of GMI
For GMI above Rs.1,00,000/- - EMI not to exceed75% of GMI
Click for Scheme Details
Union Bank 9.55% 30 Years Depending on repayment capacity of the borrower
and value of property
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United Bank of India 9.60% 30 Years Depending on repayment capacity of the borrower
and value of property
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Vijaya Bank 9.65% 30 Years Upto 75 months’ average gross income of the applicant subject to
take home income and minimum margin requirements
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State Bank of India 9.40% 30 Years determined taking into consideration such factors as
applicant's income and repaying capacity, age, assets
and liabilities, cost of the proposed house/flat etc.
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HDFC Bank 9.45% 30 Years Based on income, age, qualifications, number of dependants,
spouse's income, assets, liabilities, stability and
continuity of occupation, and savings history.
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ICICI Bank 9.40% 30 Years various factors including monthly income, fixed monthly
obligation, current age, retirement age etc
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Axis Bank 9.45% for loan upto 28 lakhs
9.50% for loan above 28 lakhs
30 Years determined by various factors such as income, employment status,
tenure and so on.
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Standard Chartered Bank Refer Bank 25 Years depending on your repayment capacity, and the city where the loan is disbursed. Click for Scheme Details
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Loan EMI Calculator.
Home Loan Eligibility Calculator
Eligibility and Interest Rates subject to change .
There are no uniform policy for loan eligibilty among banks.Cofirm details from respective banks .