Aryavart Bank Home Loan 2025
Aryavart Bank home loans offer affordable financing with interest rates starting at 8.75% and loan amounts up to ₹15 lakh. With 306 branches and flexible repayment terms of up to 15 years, the bank makes it easier for rural and semi-urban residents to own a home.
Aryavart Bank Home Loan
Are you looking for a modest home in rural or semi-urban India? Aryavart Bank home loans have exciting interest rates starting from 8.75%, with a ceiling on the borrowing limit at ₹15 lakh. The bank was established in 2006 from the amalgamation of Avadh Gramin Bank, Barabanki Gramin Bank, and Farrukhabad Gramin Bank, and today, it holds a mighty network of 306 branches.
Flexible EMI options allow you to repay the loan comfortably over 15 years, which smoothens the pathway to achieving your dream home. Plus, the bank offers structured repayment plans – 9.25% for 5-10 years and 9.50% for all loans starting from 10 years. This piece covers everything you need to know about Aryavart Gramin Bank’s home loans, from rates to eligibility requirements.
Key Features of Aryavart Bank Home Loan
Aryavart Bank home loan comes with many features that match different housing needs. A good understanding of these features will help you decide about your financial plans when buying your dream home.
The Aryavart Gramin Bank home loan lets you borrow up to ₹1 crore. This makes it a great choice for buying properties in rural and semi-urban areas. The bank asks for a 20% margin, which means you only need to put up one-fifth of the property’s value while they finance the rest.
Aryavart Bank home loans stand out because of their low charges. You only pay a processing fee of 0.25% of the loan amount (minimum ₹2,500 and maximum ₹20,000). The bank doesn’t charge any documentation fees, and you can prepay both fixed and floating rate loans without extra cost.
The bank gives you six home loan options:
- Home Purchase Loan – To buy ready properties
- Home Construction Loan – To build your own house
- Land Purchase/Plot Loans – To acquire land
- Home Extension Loan – To expand existing properties
- Home Improvement Loan – To renovate and repair
- Residential Plot Loan – To purchase land in urban areas
Your CIBIL score and job status determine your Aryavart Bank home loan interest rates. Borrowers with top credit scores (CIBIL >800) get rates starting at 8.15%, whether they’re salaried or self-employed. Those with scores between 750-799 can get loans at 8.25%, and scores between 700-749 come with an 8.35% rate.
The bank’s customer-first approach means quick approvals and payouts along with personal attention from experienced staff. Current home loan customers can also get a top-up loan at just 1% above their existing home loan rate.
The Aryavart Bank home loan EMI calculator helps you work out your monthly payments based on your loan amount, interest rate, and repayment period of up to 15 years.
Aryavart Bank Home Loan Interest Rates
Your credit profile and job status play a key role in determining Aryavart Bank home loan rates. Learning about these rates will help you plan your finances better before you make this big investment.
Aryavart Bank home loan interest rates work on a tier system based on your CIBIL score. Borrowers with credit scores above 800 get the bank’s best rates starting at 8.15% – this applies to both salaried and self-employed people. So, keeping a good credit history affects how much you’ll pay for your loan.
Here’s what the current interest rates look like based on CIBIL scores:
| CIBIL Personal Score | Government Employees | Other Borrowers |
| 825 and above | 8.30% | 8.30% |
| 800 to 824 | 8.40% | 8.40% |
| 760 to 799 | 8.55% | 8.60% |
| 725 to 759 | 8.70% | 8.75% |
| 675 to 724 | 8.75% | 8.85% |
| Below 675 (Women) | 10.55% | 10.70% |
| Below 675 (Others) | 10.60% | 10.75% |
| CIBIL -1 and 0 | 8.55% | 8.90% |
The Aryavart Bank home loan EMI calculator on their website helps you work out your monthly payments. You can figure out exactly what you’ll need to pay based on how much you borrow and for how long.
Want the best rates possible? Make sure your credit score stays above 800, and take time to compare offers for both government and regular employment categories before you apply.
Eligibility Criteria and Documentation Process
Getting your Aryavart Bank home loan approved smoothly requires you to understand the eligibility criteria and documentation process. Your application will move forward without delays when you meet all the bank’s requirements.
| Eligibility Criteria | Details |
| Age | 21 to 65 years |
| Employment Type | Salaried or self-employed |
| Minimum Income | Varies based on loan amount and applicant’s profile |
| Credit Score | Preferably 700 and above |
| Work Experience | At least 2 years for salaried individuals; 3 years for self-employed |
| Property Location | Within the bank’s operational area |
| Loan-to-Value Ratio | Up to 80% of the property’s market value |
You’ll need several important documents to complete the process. Start by filling out and signing the application form with your photo attached. You can prove your identity with any of these documents: Aadhaar Card, PAN Card, Passport, Driving License, or Voter ID.
If you have a salaried job, submit these documents:
- Latest 3-6 months salary slips
- Bank statements for the past 3-6 months
- Form 16 or Income Tax Returns for the previous 2 years
Self-employed applicants need to provide:
- Last 3 years Profit & Loss statements and Balance Sheets
- ITR copies for the past three years
- CA-certified financial statements
- Business continuity proof (documents at least 5 years old)
Both groups must submit property documents that include title papers and approved plans. Construction or renovation loans need an architect’s cost estimate. You’ll pay a processing fee when applying, and women borrowers might get special interest rate concessions.
The Aryavart Bank home loan EMI calculator will help you estimate your monthly payments once you confirm your eligibility.
Conclusion
Aryavart Bank home loans are a smart choice to finance property in rural and semi-urban India. The bank offers competitive interest rates from 8.75%, making home ownership available to many more borrowers. The bank provides six different loan options to meet various needs – whether you want to buy, build, or renovate your dream home.
Your credit history matters. The bank uses a CIBIL score-based interest rate structure that rewards borrowers with good credit scores. Low processing fees, free prepayment choices, and flexible repayment terms up to 15 years make it easier to manage your home loan.
The path to owning your home begins with understanding these features and getting your documents ready. Aryavart Bank’s simple eligibility criteria and complete loan options can help both salaried professionals and self-employed individuals turn their housing dreams into reality. Stop by your nearest Aryavart Bank branch to take a closer look at these home loan options and begin your home ownership experience.
