Home Loan In Katni: Interest Rates, Documents Apply online

Best home loans in Katni with low interest rates & higher eligibility. Apply for loans with low EMI, Processing Fees & Charges. Calculate emi & eligibility for loans.
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Home Loan applications received for rupees ₹ 419,027 crores till 19 April 2024

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Loan Amount
Occupation
Annual Income
City
120,17,256 loan quotes taken till now.
Home loan Interest rates starts from 6.90% for women, 6.95% for Others.

Current Home Loan interest Rates in Katni

SBI Home Loan 7.55 – 8.45%
HDFC Ltd 7.55 – 8.55%
ICICI Bank 7.60 – 8.30%
LIC Housing Finance 7.50 – 8.00%
PNB Housing 6.75 – 8.90%
Axis Bank 7.60 – 8.00%
Bank of Baroda 7.45 – 8.80%
Canara Bank 7.30 – 9.25%
Aadhar Home loan N.A

Home Loan Criteria by various banks in Katni:

The borrower’s eligibility of getting a housing loan depend upon his/her repayment capacity & the banks establish this repayment capacity by considering various factors such income, spouse’s income, age, number of dependants qualifications , assets, liabilities, stability and continuity of occupation and savings history. Eligibility calculator Home loan & Home loan emi calculator

Documents Required for Housing loans in Katni

Following documents are required by financial institutions to process the loan application:

• Age Proof
• Address Proof
•Income Proof of the applicant & co-applicant
• Last 6 months bank A/C statement
• Passport size photograph of the applicant & co-applicant

Salaried Self Employed
• Employment certificate from the employer,
• Copies of pay slips for last few months and TDS certificate
• Latest Form 16 issued by employer Bank statement.
• Copy of audited financial statements for the last 2 years
• Copy of partnership deed if it is a partnership firm or copy of memorandum of association and articles of association if it is a company
• Profit and loss account for the last few years
• Income tax assessment order

About Katni:
Katni or Mudwara is a town on the banks of the Katni River in Madhya Pradesh, India. It is the administrative headquarters of Katni District. It is located in the Mahakoshal Region of Central India. The city is 90 km (56 mi) away from the Divisional Headquarters of the region, Jabalpur. It is one of largest railway junctions in India and has the largest railyard and biggest diesel locomotive shed in India.

The city has an abundance of lime and bauxite. It also has Ordnance Factory Katni of the Ordnance Factories Board which maufactures products for the Indian Armed Forces.

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Top Banks for Home Loans in India
Banks Interest Rates
SBI 8.60% - 9.65%
HDFC Bank 8.50% - 9.40%
ICICI Bank 9.00% - 9.10%
LIC Housing Finance8.50% - 10.50%
PNB Housing 8.50% - 11.95%
Axis Bank 8.75% - 9.15%
Bank of Baroda 9.15% - 10.50%
Canara Bank 8.90 %- 11.25%
Aadhar Home loan N.A