Home Loan In Korba: Interest Rates, Documents Apply online
Best home loans in Korba with low interest rates & higher eligibility. Apply for loans with low EMI, Processing Fees & Charges. Calculate emi & eligibility for loans.
Are you looking for home loans in Korba at lowest interest rates so compare all major banks at
Home Loan applications received for rupees ₹ 419,027 crores till 23 April 2024
Current Home Loan interest Rates in Korba
| 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 Korba:
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 Korba
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 Korba:
Korba district was accorded the status of a full fledged revenue district with effect from 25 May 1998. The district headquarters is Korba city, which is situated on the banks of the confluence of rivers Hasdeo and Ahiran.
Korba (Hindi: कोरबा) is a city and an industrial area in Korba District in the Indian state of Chhattisgarh. Korba is the power capital of the newly formed state Chhattisgarh.
The SECL, a profit making coal company under the Coal India Limited has many of its important mines, part of Korba Coalfield, in Korba district. BALCO (Bharat Aluminium Company) an aluminium major is based in the district.
