Home Loan Cochin – Interest Rates 2019, Branch Address
Are you looking for instant apply for home loans in Cochin? Get lowest rates from SBI, HDFC Ltd, ICICI Bank, Axis Bank, Bank of Baroda, Canara Bank, DHFL, PNB, Bajaj Finance with lowest processing Fees & minimum per month EMI.
Get Instant information on Home Loans in Cochin, Interest Rates, Documents, Eligibility,Per Month Loan EMI, Processing Fees, Prepayment Charges etc.
How to Apply for home loans in Cochin?
- Compare all major banks – Rates, Processing Fees, Approval time
- Choose the best deal
- Click on Apply
- Choose the best or top 5 banks for yourself on the basis of offers avail to you.
Home Loan Cochin – Quick, Easy & Instant Online Approval
Home Loan Details
| Banks | Interest Rate |
| SBI Home Loan | 8.70% - 9.15% |
| HDFC Ltd Home Loan | 8.80% - 9.50% |
| ICICI Bank Home Loan | 9.10% - 9.30% |
| Axis Bank Home Loan | 8.90% - 9.10% |
| LIC Housing Finance | 8.80% - 9.20% |
| Bank of Baroda | 8.65% - 9.65% |
| IDBI | 8.85% - 10.00% |
| Bank of India | 8.65% - 8.70% |
| Indian Bank | 8.75% - 8.85% |
| Union Bank | 8.80% - 8.95% |
| Dena Bank | 8.85% - 9.95% |
| Canara Bank | 8.75% - 8.95% |
| United Bank | 8.65% |
| DHFL | 9.75% |
| PNBHFL | 9.10% - 12.50% |
| Bajaj Finserv | 9.05% - 10.30% |
Various Banks Branch Locations for home Loans in Cochin
| Indian Overseas Bank | No:VI-1147, M Mahalu Rd, New Road, Mattancherry, Kochi, Kerala 682002 |
| Allahabad Bank | Kappalandimukku, Mattancherry, Kochi, Kerala 682002 |
| Bank of India | C.C.VI/961(A), Bazaar Rd, New Road, Mattancherry, Kochi, Kerala 682002 |
| Bank of Baroda | Palace Rd, Kappalandimukku, Mattancherry, Kochi, Kerala 682002 |
| Canara Bank | 1/1124, TM Muhammad Rd, Kunnumupuram, Fort Kochi, Kochi, Kerala 682001 |
| Central Bank of India | 1st floor,Kallelil Building. Kadavanthra Junction, Sahodaran Ayyappan Road, Elamkulam, Kochi, Kerala 682020 |
| Oriental Bank of Commerce | Panampilly Nagar Ave, MIG Housing Society, Panampilly Nagar, Kochi, Kerala 682036 |
| Punjab National Bank | Kassin Building, Sebastian Rd, Kaloor, Kochi, Kerala 682017 |
| Syndicate Bank | Mahatma Gandhi Rd, Atlantis, Ravipuram, Perumanoor, Kochi, Kerala 682016 |
| UCO Bank | P.B.N 281, Moulana Azad Rd, Jew Town, Kappalandimukku, Mattancherry, Kochi, Kerala 682002 |
| Union Bank of India | Mahatma Gandhi Rd, Thevara, Kochi, Kerala 682015 |
| SBI | Cochin Shipyard, Mahatma Gandhi Rd, Perumanoor, Ernakulam, Kerala 682015 |
| ICICI Bank | B M Nanus Complex, Salem – Kochi Highway, Edappally Toll, Koonamthai, Edappally, Kochi, Kerala 682024 |
| Axis Bank | Kasmisons Estate, Janatha Junction, Vytilla, Kochi, Kerala 682019 |
| Kotak Mahindra Bank | 34/2289 D, M K K Nair Road, Mathewsons Centre Point, Thadikkaran Centre, Mamangalam, Palarivattom, Kochi, Kerala 682025 |
Key Highlight of Home Loans
| Lowest Interest Rates for Women |
8.70% onwards |
| Interest Rates |
8.75% onwards |
| Maximum Loan Amount |
Upto 90% of property value or 72 times of monthly Income |
| Minimum Loan Amount |
Rs.2 Lakh |
| Minimum Repayment period |
2 Years in Fixed Rate Option / 5 Years in Floating Rates option |
| Minimum Per Month Income Required |
Rs.9000 |
| Processing Fees |
Upto 1% of loan amount |
| Fore Closure Charges / Pre Payment Charges |
NIL |
| Part Payment Charges |
NIL |
| Security |
Papers of Property / Flat / House |
| Loan Margin |
75 – 90% of property value |
| Maximum Repayment Period |
30 Years |
| Minimum Per Month EMI Per Lakh |
Rs.783 for Women / Rs.787 for Others |
| Disbursal Time |
Minimum 8-16 Days |
| Online Apply Service |
Yes – Click Here |
The following documents are required along with your loan application:
| Purpose | Salaried | Self Employed |
| Proof of Identity and Address | Passport or Voter's ID card or Driving License or Job Card issued by NREGA or Adhaar Card or PAN card (PAN Card only as identity proof) or any other document as acceptable to the Bank | |
| Proof of income | Latest 3 Months salary slip showing all deductions and Form 16 | IT returns for the last 2 years and computation of income for the last 2 years certified by a CA |
| Bank statement or Pass Book where salary or income is credited | Last 6 months | Last 6 months |
| Guarantor form | Optional | Optional |
You will be eligible to claim both the interest and principal components of your repayment during the year.
Interest can be claimed as a deduction under Section 24. You can claim up to Rs. 200,000 (Rs. 150000/- up to A.Y. 2014-15) or the actual interest repaid whichever is lower. (You can claim this interest only when you are in possession of the house)
Principal can be claimed up to the maximum of Rs. 150,000 (Rs. 100000/- up to A.Y. 2014-15) under Section 80C. This is subject to the maximum level of Rs 150,000 (Rs. 100000/- up to A.Y. 2014-15) across all 80C investments.
You will need to show the statement provided by the lender showing the repayment for the year as well as the interest & principal components of the same.
Interest can be claimed as a deduction under Section 24. You can claim up to Rs. 200,000 (Rs. 150000/- up to A.Y. 2014-15) or the actual interest repaid whichever is lower. (You can claim this interest only when you are in possession of the house)
Principal can be claimed up to the maximum of Rs. 150,000 (Rs. 100000/- up to A.Y. 2014-15) under Section 80C. This is subject to the maximum level of Rs 150,000 (Rs. 100000/- up to A.Y. 2014-15) across all 80C investments.
You will need to show the statement provided by the lender showing the repayment for the year as well as the interest & principal components of the same.
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