Own your dream house by taking a home loan from Corporation bank. The bank offers loan for construction / purchase of house/ flat, repair/renovation/ improvement of existing house/flat. Bank gives loan for site i.e. loan for purchase of site & construction of house thereon. There is also an option of take over a loan – to repay loan availed from other banks/institutions/employer, second loan for enhancement – during the pre EMI or post EMI period, etc.
Changing Fixed to Floating rate of interest Charges
2 %
Changing Floating to Fixed rate of interest Charges
1 %
Eligibility Criteria
Eligibility Criteria
Salaried
Salaried:
Annual Income
Rs 120000
Age
Min.: 24 Yrs. Max.: 55 Yrs.
Documents Required:
ID Proof
Yes
Residence Proof
Yes
Income Proof
Yes
Telephone
Yes
Photograph
Yes
Bank Statement
Yes
Signature Proof
Yes
Security
Security
Mortgage of house/flat purchased out of bank finance. Age of the property shall not exceed 30 years.
Third party guarantee is not mandatory. Co application of spouse is mandatory.
In case of Divorcees/unmarried, co application of parents is required.