Choosing the best choice to align with the interest of the clients might be a difficult task. Here is some information on home loans in Coimbatore for a quick perusal.
Click to Apply Home LoanLender | Home Loan Interest Rates In Coimbatore | Processing Fees & Charges | Maximum Loan Amount | Maximum Loan Tenure |
---|---|---|---|---|
Aavas Financier Limited Home Loan | 8% | 2% | - | 30 Years |
Aditya Birla Capital Home Loan | 9% - 12.50% | 1% | 10 Crores | 30 Years |
Andhra Bank Home Loan | 8.15% - 9.20% | 0.50% or ₹15000 + GST (whichever is lower) | - | 30 Years |
Axis Bank Home Loan | 8.75% - 14% | 1% | 10 Crores | 30 Years |
Bank of Baroda Home Loan | 8.50% - 10.60% | 0.25%- 0.50% | 10 Crores | 30 Years |
Bank of India Home Loan | 7.80% - 9.65% | - | 7.50 Crores | 30 Years |
Bank of Maharashtra Home Loan | 8.40% | 0.25% or 25,000 (whichever is lower) | 1 Crore | 30 Years |
Canara Bank Home Loan | 8.85%- 11.25% | ₹1,500 - ₹10,000 | 3 Crores | 30 Years |
Central Bank of India Home Loan | 8.45% - 9.20% | 0.50% or ₹20,000 + GST (whichever of lower) | 75 Lakhs | 30 Years |
DBS Home Loan | 8.25% - 9.75% | - | 5 Crores | 25 Years |
Dena Bank Home Loan | 8.25% - 8.35% | 0.50% | 1.5 Crores | 30 Years |
Dhanalakshmi Bank Home Loan | 7.2% | 1% or ₹10,00 + GST (whichever is higher) | 1 Crore | 30 Years |
DHFL Home Loan | 8.75% | - | 5 Crore | 30 Years |
Federal Bank Home Loan | 10.15% - 10.30% | - | 15 Crores | 30 Years |
HDFC Ltd. Home Loan | 8.50% - 9.60% | 0.50% or ₹3000 (whichever is higher) | 10 Crores | 30 Years |
IDBI Bank Home Loan | 8.75% - 11.45% | - | 10 Crore | 30 Years |
IDFC First Bank Home Loan | 8% - 14% | 3% | 10 Crores | 30 Years |
Indiabulls Home Loan | 8.75% | 1% | 2 Crores | 30 Years |
Indian Overseas Bank Home Loan | 9.55% | - | - | 30 Years |
India Shelter Finance Corporation Home Loan | 13% - 20% | 2% - 3% + GST | 50 Lakhs | 20 Years |
Jammu and Kashmir Bank Home Loan | 8% | 0.25% + GST | 50 Lakhs | 30 Years |
Karnataka Bank Home Loan | 9.08% - 10.38% | 0.50% - 2% | 5 Crores | 30 Years |
Karur Vysya Bank Home Loan | 9.23% - 12.13% | ₹2500 - ₹7500 + GST | - | 25 Years |
Kotak Mahindra Bank Home Loan | 8.85% - 9.40% | 0.50% | 10 Crores | 20 Years |
LIC HFL Home Loan | 8.70% | 0.30% onwards | 10 Crores | 30 Years |
PNB Housing Home Loan | 8.50% - 10.85% | - | 2 Crores | 30 Years |
Reliance Home Finance Limited Home Loan | 9.35% - 13% | 0.50% - 1.50% | - | 20 Years |
South Indian Bank Home Loan | 7.95% - 9.60% | 0.50% + GST | 15 Crores | 30 Years |
State Bank of India Home Loan | 9.55% | ₹2000 - ₹10000 + GST | 5 Crores | 30 Years |
Sundaram Home Finance Ltd Home Loan | 6.95% - 8.30% | 0.50% | 4 Crores | 25 Years |
Tamilnad Mercantile Bank Home Loan | 9.10% - 9.60% | 0.50% | 5 Crores | 30 Years |
Tata Capital Limited Home Loan | 8.95% | 2% | 5 Crores | 30 Years |
Union Bank Home Loan | 8.75% | 0.50% or ₹15000 + GST (whichever is lower) | - | 30 Years |
Yes Bank Home Loan | 9.15% - 11.25% | 1.5% - ₹10000 (whichever is higher) | 10 crores | 35 Years |
To be eligible considered for a home loan in Coimbatore, respective clients will be expected to meet the following criteria:
Clients will be expected to gather the following documents to apply for a home loan in Coimbatore:
DOCUMENT TYPE | DOCUMENT |
---|---|
KYC Documents | Aadhaar card, PAN card, passport, and voter ID card |
Proof of Income | Salary slips, income tax returns, Form 16, and bank statements |
Property-related Documents | Property registration papers, property tax receipts, and NOC from the builder or society |
Proof of Employment | Offer letter, appointment letter, and employment contract |
Others | Passport-size photographs, loan application form, and declaration of assets and liabilities |
The exact documents that must be required for the application of a home loan is subject to change depending on the lender.
Home loans offer several tax benefits to the respective clients. Here are some of the key tax benefits of home loans provided in Coimbatore:
NOTE:Tax benefits mentioned above may adhere to changes in tax laws and regulations. Potential clients are advised to consult a tax expert for detailed information on the tax benefits of home loans.
Listed below are some of the top preferred residential locations in Coimbatore available for purchase provided along with a short description.
RS Puram : RS Puram is a prime residential area located in the heart of Coimbatore. It is known for its well-developed infrastructure, proximity to commercial areas, and availability of essential amenities. The area is popular among professionals, families,and retirees.
Peelamedu : Peelamedu is another popular residential area in Coimbatore. It is located close to major IT parks and educational institutions, making it an ideal location for professionals and students. The area is known for its good connectivity to the rest of the city, availability of essential amenities, and peaceful environment.
Vadavalli : Vadavalli is a residential area located in the western part of Coimbatore. It is a peaceful locality with good connectivity to other parts of the city. The area is popular among families and retirees due to its serene environment, availability of essential amenities, and good infrastructure.
Race Course : Race Course is a prime residential area located in the heart of Coimbatore. It is known for its well-developed infrastructure, proximity to commercial areas, and availability of essential amenities. The area is popular among professionals, families, and retirees.
Saibaba Colony : Saibaba Colony is a popular residential area located in the western part of Coimbatore. It is known for its well-developed infrastructure, availability of essential amenities, and good connectivity. The area is popular among families and professionals due to its peaceful environment and proximity to commercial areas