City Union Bank Home Loan Apply, Interest Rate 2024

Hi dear readers, hope you are doing well, today we will know about How to get City Union Bank Home Loan, Eligibility, Interest Rate, EMI Calculator, Minimum Salary, Civil Score and more details that we read in this article please read till the last.

Like other banks and financial institutions, City Union Bank also provides home loan facility to its customers. home loan comes under the category of secured loan. To apply for a home loan, the customer has to provide a guarantor/collateral.

Any person to fulfill his dream of home Home Loan can take You can apply for City Union Bank Home Loan both online or offline.

In this article, we will know in detail what is City Union Bank Home Loan, what is the interest rate, documents, eligibility of this loan and how can we apply for this home loan etc., so you can complete this article. Read till the end

How To Get City Union Bank Home loan

Anyone can take a home loan to build a house, buy a house or renovate a house. The credit history of the customer is kept in mind before giving a home loan by the lender. People with higher income and better CIBIL score, higher loan amount and attractive interest rate can take home loan from City Union Bank.

City Union Bank Home Loan Name is CUB Swayam Griha home loan. from bank Prime Minister’s Awas Yojana(PMAY) Under this, you can take advantage of subsidy on home loan.

Under City Union Bank home loan, you can take a maximum loan amount of Rs 1 crore. Margin is 25 %. City Union Bank Home Loan interest rate starts from 10.25% p.a. The maximum loan tenure of this home loan is 15 years. The processing charge on the loan is up to 1% of the loan amount (minimum Rs.250 ).

Key Features of City Union Bank Home Loan

• Loan Name: City Union Bank Home Loan 2024
• Lender Name: City Union Bank
• Loan Amount: Maximum Rs.1 crore
• Interest Rate: Starting from 10.25% p.a.
• Processing Fee: Minimum Rs. 250 up to 1% of the loan amount
• Loan tenure: Maximum 15 years
• Official Website: https://www.cityunionbank.com/

Interest Rate of City Union Bank Home Loan 2024

The interest rate of CUB Housing Loan starts from 10.25% per annum. The home loan interest rate depends on factors such as the applicant’s income, CIBIL score, age, place of residence, employment status, repayment capacity, etc. People with high income and very good CIBIL score can take advantage of the attractive interest rates of the bank. Just as personal loan before we take Personal Loan Interest Rate Similarly, before taking a home loan, we need to know about Home Loan Interest Rate It is necessary to have information about

City Union Bank Home Loan Benefits & Features

• Any individual can avail CUB Housing Loan for purchase of ready-made house/flat, for repair/renovation/transformation/expansion of existing house.
• Maximum loan amount you can take is up to Rs 1 crore.
• The interest rate of this home loan starts from 10.25% per annum.
• The processing charge for the loan is up to 1% of the loan amount (minimum Rs.250 ).
• City Union Bank home loan for a maximum loan tenure of 15 years.
• You can easily get this home loan for the purchase of an under construction flat.
• To acquire existing housing loans from other banks.
• Margin : 25%.

CUB Housing Loan Eligibility

• Both salaried and self employed individuals can apply for this home loan.
• Salaried Employees: 60 Months Net Take Home Pay.
• Professional/Business/Self-employed: 5 times of income declared in latest ITR.
• The minimum age of the applicant should be 25 years.
• Maximum age should be 60 years.
• For Salaried Person – Monthly salary should be at least Rs.30,000.
• For self-employed/business/professional/farmer – annual income should be at least 3 lakh rupees.

City Union Bank Home Loan Documents Required

Before applying for a home loan, you should keep all your documents together so that whenever the bank asks you for documents, you can show them all the documents immediately. To apply for City Union Bank Home Loan, you need to have the following documents:

ID Proof:

• Aadhar Card
• Passport
• PAN card
• voter id card
• driving license
• Ration card
• Identity Card/Confirmation from Employer/Other Bank (Subject to the satisfaction of Branch).
• ID card issued by recognized educational institutions ID issued by postal authorities.
• Letter from a recognized public authority or public servant (not below the rank of Tehsildar) confirming the identity and residence of the customer to the satisfaction of the Bank.
• Job Card issued by NREGA duly signed by an official of the State Government.
• Letter issued by Unique Identification Authority of India containing details of name, address and Aadhaar number.

Address proof:

• Aadhar Card
• Passport
• voter id card
• driving license
• should be at least before 6 months).
• Bank Account Details |
• Letter from a recognized public authority or public servant (not below the rank of Tehsildar) confirming the identity and residence of the customer to the satisfaction of the Bank.
• Electricity Bill (Latest) Ration Card |
• Letter from the employer (subject to the satisfaction of the bank) ID issued by the postal authorities.
• Job Card issued by NREGA duly signed by an official of the State Government.
• Letter issued by Unique Identification Authority of India containing details of name, address and Aadhaar number.
• Consumer pass book issued by gas agency.
• A rent agreement showing the address of the customer duly registered with the State Government or similar registering authority.

How to apply for City Union Bank Home Loan ?

If you fulfill all the conditions of this home loan then you can apply for this loan both online and offline. The procedure to apply is given below:

City Union Bank Home Loan Apply Online 2023

• To apply online, first you need to visit the official website of City Union Bank cityunionbank.com But have to come
• On the home page of the website in Personal > Loans CUB SWAYAM GRAHA Click on this option will appear.

• On the next page, all the information related to home loan will come in front of you.
• To apply, you have to visit this page Apply Now Click on this option will appear.
• Application form will open in front of you.
• Enter the requested information in it and submit the form.
• After this the bank employees will contact you and the loan process will be issued further.

How to apply offline ?

• To apply offline, you have to first go to your nearest City Union Bank branch.
• You have to contact the bank employee by going to the bank branch.
• The bank employee will provide you all the information related to the home loan.
• After that your documents will be verified.
• Then you have to fill the loan application form and attach the documents with it and submit it to the bank.
• If your loan is approved then the loan amount will be transferred to your bank account.

City Union Bank Home Loan EMI Calculator

Before applying for a home loan, you should calculate the EMI (Equated Monthly Installment) of your loan so that you can get an idea of how much installment you will have to pay at the time of repayment of the loan. You can go to the official website of the bank Home Loan EMI Calculator With the help of this you can calculate the EMI of your loan. Home loan EMI depends on the loan amount, interest rate and loan tenure. If you apply for a loan without calculating the EMI of the loan, then you may face difficulties at the time of home loan repayment.

City Union Bank Customer Care Number

For other information about this home loan, you can contact City Union Bank Customer Care Number or by visiting your nearest branch.

• Customer Care Number: 044-71225000
• E-mail: [email protected]

Conclusion

In this article, we have told you How to Get City Union Bank home loan Provided complete information about If you need a home loan, then you can join City Union Bank ‘s home loan.

Hope friends you have found this article informative. If you liked this article then please share it with your friends.

FAQs on City Union Bank Home Loan