Allahabad Bank Home Loan – Check lowest Interest Rates 2016, Low EMI, Documents Required details on EMI & Calculate Eligibility Instantly at Deal4loans.
Allahabad Bank home loan details:
9.60% – 9.85%
Pre payment Charges
1 to 30 years
Prepayments Charges, Documentation Charges, Mortgage Charges & Inspection & Supervision Charges all are NIL
Allahabad Bank Home Loan EMI Calculator
use this simple tool to find out how much EMI you will have to pay for your home Loan.
Maximum loan Amount for buy home
Maximum Amount: Up to Rs 5 crores are available.
Processing fess of Allahabad Bank home loan:
0.61% of the loan amount, Maximum Rs.12175 for up to 30 lac
0.46% of the loan amount, Maximum Rs.24350 for above 30 lac up to 75 lac
0.36% of the loan amount, Maximum Rs.60876 for above 75 lac up to 3 crore
0.26% of the loan amount, Maximum Rs.71022 for above 3 crore
For Example if borrower taken a loan amount of 16 lakh at 9.60% rate of interest for 20 years than home loan EMI would be close to ₹ 15018.74, In 20 years borrower have to pay Total Interest of ₹ 2004497.6 to the bank. Total payment made ₹ 3604497.6.
How much amount you have to paid by yourself for home loan:
For loans up to Rs. 20.00 Lacs – 10% of Project cost.
For loans above Rs. 20.00 Lacs to 75 lacs – 20% of Project cost.
Above Rs 75.00 lacs – 25% of the project cost
Project cost consists of :
Purchase price of land/house/flat.
Cost of construction/renovation/extension (if applicable)
Stamp duty and registrations charges as applicable.
Accrued interest amount of moratorium period, if proposed to be capitalized
Premium of Loan Insurance
Salaried Persons : Length of remaining service, Maximum 25 years
Others : Remaining period in attaining the age of 70, Maximum 20 years
Repayment period will be exclusive of moratorium period.
Here’s Past Trend of Allahabad Bank 5 Years on Base Rates Changes for Customer or Borrowers Prospective:
Disclaimer: Information is sourced from respective Banks websites. We don't provide Loans on our own but ensures your information is sent to bank/agent which you have opted for and we do not charge any fee from our customers. We don't do short term loans. Deal4loans has no sales team on its own and we just help you to compare loans .All loans are on discretion of the associated Banks/Agents.Read More