Union Bank of India offers home loan scheme for purchase of new house/ flat / plot or to construction of house or to Repairs/ improvements/ extension of the existing residential property.

UBI Home Loan :
Eligibility

Nationality :
Indian citizen

Age :
Above 21 years

NRIs are also eligible for the home loan.

Quantum of Loan

Depending on repayment capacity of the borrower and value of property

Maximum Rs. 30 Lakhs for Repairs.

Moratorium Period

Moratorium period :
Up to 18 months.

Repayment
Repayment period :
Up to 30 years

10 years in case of repairs

Processing charges :
0.50% of loan amount subject to a maximum of Rs.15,000/- plus service tax as applicable

Documents Required :
Proof of identity
Proof of address
Proof of income
Property papers
3 photographs
Proof of out-goes

Contact Detail :
Union Bank of India
All-India Toll Free number
1800 22 22 44
1800 208 2244