Andhra bank housing loans helps to perceive your dreams of owning your own house. Indian citizens and Non residential Indians are eligible to apply for this loan.
Home Loan Interest Rates:
Calculate Mortgage Interest
The interest rates for Andhra bank home loans are:
Floating rate of 11% for a time period of 15 to 20 years. Floating rate of 11% for a time period of 10 to 15 years. Floating rate of 10.75% for a time period of 5 to 10 years. Floating rate of 10.5% for a time period of 1 to 10 years. The minimum loan amount for the above rates is Rs 1,00,000 and the maximum amount is Rs 1,00,00,000. You have to pay a loan processing fee of 0.5% for the loan amount. In case if you want to prepay the home loan, then you have to pay 2% of the superior amount as a prepayment amount.
Eligibility Requirements:
The minimum age of the applicant should be 21 years and the maximum age should be 65 years. The maximum time taken for refund should be 20 years. The loan amount that could be taken as loan would be either 75% of the total construction cost complicated or 85% of the registration value of the property. In case if you are buying an independent house, then the age of the house should not be more than 25 years. If you are buying an independent flat, then the age of the flat should not be more than 20 years. In case of salaried persons, he should furnish the wages certificates of the last 3 months and should furnish the details of the revenue tax returns paid for the past 3 years.
Andhra Bank Home Loans Interest Rates and Application Requirements Calculate Mortgage Interest
No comments:
Post a Comment