Allahabad Bank Home Loan – Interest Rates 2023, Calculator
Allahabad Bank Home Loan – Check lowest Interest Rates, Low EMI, Documents Required details on EMI & Calculate Eligibility Instantly at Deal4loans.
Allahabad Bank home loan details
|Interest Rates||8.50% – 9.65%|
|Processing Fees||1.00% on the Loan amount|
|Pre payment Charges||Nil|
|Min. Income||Rs.10000/- p.m|
|Loan Repayment||1 to 30 years|
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Allahabad Bank home loan Interest Rates 2023
Find what are the latest and updated interest rates on housing loans of Allahabad bank for the month:
|Product Name||Interest Rate Range|
|IB Home Loan to Elite Customers (Rs.15 lakhs & above)||8.6% to 8.85%|
|IB Home Loan to Elite Customers (Rs.15 lakhs & above) – Takeover||8.5% to 8.75%|
|IB Home Loan (CRE) to Elite Customers (Rs.15 lakhs & above)||9.1% to 9.35%|
|IB Home Loan to General Customers||8.95% to 9.15%|
|IB Home Loan CRE to General Customers||9.45% to 9.65%|
|Home Loan Premium|
|IB Home Loan Premium||8.75% to 8.95%|
|Home Loan to Corporate Entity|
|Home Loan to Corporate Entity||8.2% to 9.7%|
|IB Home Advantage to Elite Customers (Rs.15 lakhs & above) – Term Loan||8.6% to 8.85%|
|IB Home Advantage to Elite Customers (Rs.15 lakhs & above) – Overdraft||9.6% to 9.85%|
|IB Home Advantage to General Customers – Term Loan||8.95% to 9.15%|
|IB Home Advantage to General Customers – Overdraft||9.95% to 10.15%|
|Plot Loan to Elite Customers (Rs.15 lakhs & above)||9.6% to 9.85%|
|Plot Loan to General Customers||9.95% to 10.15%|
|IB Home Improve|
|IB Home Improve to Elite Customers (Rs.15 lakhs & above)||9.1% to 9.35%|
|IB Home Improve to General Customers||9.45% to 9.65%|
|IB Home Enrich|
|IB Home Enrich||9.15% to 9.7%|
|Home Loan Plus|
|IB Home Loan Plus to Elite Customers (Rs.15 lakhs & above)||9.1% to 9.6%|
|IB Home Loan Plus to General Customers||9.45% to 9.9%|
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.
For Example if borrower taken a loan amount of 16 lakh at 8.55% rate of interest for 20 years than home loan EMI would be close to ₹ 13935.85, In 20 years borrower have to pay Total Interest of ₹ 1744604 to the bank. Total payment made ₹ 3344604.
|Loan amount||Interest Rate||EMI||Tenure|
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
- Repayment Period:
- 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.
Other Retails Products of Allahabad Bank
- Allahabad Bank Personal Loan
- Allahabad Bank Car Loan
- Allahabad Bank Credit Card
- Allahabad Bank FD Interest Rates
- Allahabad Bank Education Loan
- Allahabad Bank Gold Loan
- Allahabad Bank Debit Card
- Source: Allahabad Bank Website