#1
January 24th, 2018, 09:42 AM
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Home Loan By Union Bank Of India
I need some information about Home Loan service offer to customers by Union Bank of India, so that I can also apply?
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#2
January 24th, 2018, 09:43 AM
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Re: Home Loan By Union Bank Of India
Feel free I will let you know more about Union Bank of India, Home Loan facility so that you can go through the details. Eligibility Indian citizen above 21 years Individual, either singly or jointly with other family members viz. father, mother, son and/or spouse, who have regular sources of income as co-applicants. Siblings, i.e. brother-sister, brother- brother, sister-sister can be permitted as a applicants/co-applicants subject to the property must be in the joint names of the siblings. NRIs are also eligible for the home loan. Contact our nearest branch for further details. Quantum Of Loan Depending on repayment capacity of the borrower and value of property Maximum Rs. 30 Lakhs for Repairs. Margin, i.e. your share 20% of the total cost of the purchase/ construction of house/ flat for loans upto Rs. 75 Lakhs 25% of the total cost of the purchase/ construction of house/ flat for loans Above Rs. 75 lakhs to Rs. 2 Crores 35% of the total cost of the purchase/ construction of house/ flat for loans Above Rs. 2 Crores 20% of total cost of the repairs Repayment Repayment period of up to 30 years 10 years in case of repairs Flexible methods of repayment Security Equitable mortgage (E.M.) of the residential property If the house/ flat proposed to be purchased is yet to be constructed or is under construction, interim security may be required (till the period of its completion) Address:- Union Bank of India Union Bank Bhavan, 239, Vidhan Bhavan Marg, Nariman Point, Mumbai - 400 021, Maharashtra, India Phone:- 022-22892000 |
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