A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • Bangalore Home Loan

    Bangalore Home Loan
     4.0 / 5.0   by 733 users
    Used this product? Write a review >>

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Bangalore also known as Bengaluru, is the capital of the Indian state of Karnataka. It is India's third-largest city.In recent years, Bangalore propelled to be the forefront of the high-tech industry boom in India, and it currently ranks as India's most developed city and one of the world's fastest growing urban areas.

    Home loans, also known as mortgages, use the borrower's home for collateral. This home can be a single-family house up to a four-unit property, as well as a cooperative unit. Lenders fund home loans, but both the lenders themselves and brokers who act on behalf of the lenders originate, or process, them.


    You’re probably eligible for an Bangalore Home Loan if you are

    01
    02
    03
    04
    Bangalore Home Loan Minimum Age

    At least 21 years old

     Bangalore Home Loan Maximum Age

    Less than 65 years old

    Bangalore Home Loan Eligible Employment Type

    Salaried / Self-employed
    with regular income

    Bangalore Home Loan Minimum Income

    Earn more than the minimum
    income required


    Your Bangalore Home Loan amount eligibility is based on these factors

    01
    02
    03
    Bangalore Home Loan Minimum Salary

    EMI limited to about 50%
    of monthly income

    Bangalore Home Loan Maximum Loan to property value

    Loan capped @ 75% - 85% on property value

    Bangalore Home Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Bangalore Home Loan amount by these steps

    01
    02
    03
    Bangalore Home Loan Add Spouse as Co-applicant

    Make your spouse a co-applicant,
    and her income will add
    to your eligibility

    Bangalore Home Loan Maximum Tenure

    Choose longer tenure loan up to 20 - 30 years

    Bangalore Home Loan Add parents as Co-applicant

    Alternatively add your parents


    Documentation needed to apply for an Bangalore Home Loan

    • 1. Photo ID and age proof
    • 2. Signed application form with photograph
    • 3. Processing fee cheque
    • 4. Last 6 months bank statement
    • 5. Documentation for salaried applicants:
      • Last 3 months salary – slips
      • Form 16 or Income Tax Returns
    • 6. Documentation for self-employed applicants:

      • Last 3 years Income Tax Returns with computation of Income
      • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

    Bangalore Home Loan Interest RatesUpdated on 28 Aug 2015

    Bangalore Home Loan Details
    Interest Rate (Monthly reducing balance) 10% - 10.5%
    Processing Fees 0.50% of Loan
    Loan Tenure 1 year to 20 - 30 years
    Partial pre-payment Charges Nil
    Pre-closure Charges Nil

    Home Loans from Top Banks
    Home Loan Tools
    Home Loans in Top Cities
    Home Loan by Bank
    Home Loan by City

    Bangalore Home Loan Reviews

  • Page 1 of 50 1 2 3 4 5
    • Bank Bazaar Customer Support
      "Instant "
      AXIS BANK
      0.5 4.0/5 "Great!"
      Bankbazaar is very instant, they call up immediately even when I am just browsing the website for any information. The service team was regularly following up with me for my application which is appreciated. But it would be great if the number of calls made to the customers can be reduced.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 27, 2015
    • Home Loan
      "Good interest rate"
      AXIS BANK
      0.5 4.0/5 "Great!"
      Home Loan offer from Axis Bank was good. Interest rate was competitive. The property that I had selected had some document issues so I canceled the loan application. The experience during the application processing was good. The sales team was following up on regular basis. I recommend Axis Bank for Home Loan.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 27, 2015
    • Bank Bazaar Customer Support
      "Check eligibility"
      AXIS BANK
      0.5 5.0/5 "Blown Away!"
      I came to know about Bankbazaar.com though Google.com. Though Bankbazaar I could come to know how much loan I can get after checking my eligibility. The online tools like EMI calculator that is available is really good. The website is really simple to browse. The customer service team is also prompt in responding.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 26, 2015
    • Home Loan
      "Good response"
      AXIS BANK
      0.5 4.0/5 "Great!"
      I applied for home loan to Axis Bank online. They contacted me the very next day after I sent my application. The response was pretty good , I was even happy with the offer that Bank had given me but unfortunate the the application was closed as the property that I was planning to purchase; had some legal issues. I would reapply to Axis Bank for my future requirement.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 26, 2015
    • Home Loan
      "A relationship officer should attend the query of customers"
      STATE BANK OF INDIA
      0.5 3.0/5 "Satisfactory"
      There was no proper response from the SBI bank when i took a home loan. They made us visit the branch many times by not guiding properly with the required documents which made very uncomfortable. But the charges are very low comparing with other banks. I would suggest that they should have an Exclusive relationship officer to help the customer for their queries.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 25, 2015
    • Home Loan
      "Quick transfer"
      PNB HOUSING FINANCE LIMITED
      0.5 5.0/5 "Blown Away!"
      I recently transferred my existing Home Loan to PNB Housing Finance Ltd. Interest rate offered to me was much lesser than my existing loan. The entire process was completed within a week as the search report my my property was already available with the team. Documentation was also simple.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 25, 2015
    • Bank Bazaar Customer Support
      "Good services"
      AXIS BANK
      0.5 5.0/5 "Blown Away!"
      Bankbazaar.com is a good website. The interest rates of all the banks can be seen at a glance in the website which is very good. The service team immediately contacts us and helps in processing the basic steps of the application. Online promotions of Banknbazaar brought me to the website.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 25, 2015
    • Home Loan
      "Should be flexible"
      AXIS BANK
      0.5 5.0/5 "Blown Away!"
      I got a very good option from Axis Bank online to have my Home Loan transfered. My application was sent and the concerned team called me for further processing. The executive later communicated that B katha properties are not funded by Axis Bank. Its my suggestion to Axis Bank that they should be little flexible in these scenarios to have better business.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 25, 2015
    • Home Loan
      "Very good"
      STATE BANK OF HYDERABAD
      0.5 5.0/5 "Blown Away!"
      I took a home loan from State bank of Hyderabad the process went to very smooth as the building owner already have the loan with the same bank.Interest rate offered was around 10.25% and the processing fee was Rs.16,000.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 25, 2015
    • Home Loan
      "Its fine"
      LIC HOUSING FINANCE
      0.5 3.0/5 "Satisfactory"
      LIC Housing finance was fine , it has been closed as well. Interest rate offered by them was on the higher side and its a fixed one for the first 3 years and later its variable. I have got all the property related documents on time and I have got the deeds of the property and everything was smooth,.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 25, 2015
    • Home Loan
      "Reliable and easy"
      IDBI BANK
      0.5 4.0/5 "Great!"
      It was a much better process for my Home loan with IDBI Bank when compared to Tata capital. Though there were hiccups in between but it was better process. The rate of interest was pleasing. They also offered a reasonable processing fee.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 24, 2015
    • Bank Bazaar Customer Support
      "Good!!!"
      ICICI BANK
      0.5 3.0/5 "Satisfactory"
      I found BankBazaar through the website while browsing. When I posted my query online I got a call immediately. customer support served well. Their response was also good. I have no suggestion as such over all it was good with BankBazaar....
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 24, 2015
    • Home Loan
      "Hassle free processing"
      ICICI BANK
      0.5 4.0/5 "Great!"
      I had good experience with Icici bank. I have already taken a home loan initially with them. Hence I found their service was good. Interest rate what they offered for my home loan taken few month back was reasonable one. Processing fee was also a reasonable one. So within 2 weeks my loan got disbursed. Icici bank it is good , hassle free and easy processing.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 24, 2015
    • Bank Bazaar Customer Support
      "Second home loan search"
      INDIABULLS
      0.5 4.5/5 "Excellent!"
      I didn't expect I can get my second home loan. Bank bazaar helped lot to find the right one. Now I have submitted the application with in half an hour. This triggered me to download the application in my phone. Interest rate and processing fee comparison was some thing more from the expected
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 23, 2015
    • Bank Bazaar Customer Support
      "Very Good!!!"
      HDFC LIMITED
      0.5 4.5/5 "Excellent!"
      BankBazaar, you guys really did it well. To be frank from the beginning till the disbursal you guys were there with me. The follow up was remarkable. Website is user friendly. I found few ridges in the website like, When I entered in the website and I was able to select only few banks , Email id, it takes only company email id etc.. Hence it would be better if you make it more user friendly. Open to all the bank and not the just the few banks. Otherwise their service was good no issues with BankBazaar.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 22, 2015
    • Home Loan
      "Very Good!!!"
      HDFC LIMITED
      0.5 4.5/5 "Excellent!"
      It was really good with Hdfc Ltd. At the time when I applied, the process was quick. I had applied with other banks also but Hdfc is the one got back very fast. Interest rate was quite competitive as the other banks. Precessing fee what they charged is quite high comparatively. I suggest that Hdfc has to reduced the charges. Other wise Hdfc is good.
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 22, 2015
    • Bank Bazaar Customer Support
      "Good!!!"
      AXIS BANK
      0.5 4.0/5 "Great!"
      BankBazaar in fact it was good. Service and their response was good with BankBazaar. I came to know BankBazaar through Google search. When I placed a request I got a call on the same day. This is the first time I am applying they are good and I have no suggestion as of now.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 22, 2015
    • Home Loan
      "Good!!!"
      AXIS BANK
      0.5 4.0/5 "Great!"
      It was good with Axis while processing my home loan with Axis bank. The service they rendered was good. Interest rate and processing fee was reasonable one. So within a week my home loan got disbursed. Paper work was good. Over all it was good I have no comments as of now.
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 22, 2015
    • Bank Bazaar Customer Support
      "One Place Search!!!"
      FEDERAL BANK
      0.5 5.0/5 "Blown Away!"
      BankBazaar is a good website. The moment when I placed a request online, the executives called me and gave me many options to choose. An executive her name is Pathmavathi responded me very well, she followed me up and gave me all the required details. I have subscribed the BankBazaar website. It was quite useful, was able to understand about the comparison of interest rate,loan amount etc. It was very good with BankBazaar.
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 21, 2015
    • Home Loan
      "Better!!!"
      FEDERAL BANK
      0.5 4.0/5 "Great!"
      It was nice with Fedral bank. Had a better experience. I am happy with their serivces. The provided me around 9.95% interest rate find it is bit higher but it is okay for me. The processinf fee was on higher side compare to the other banks still it can be reduce the extra charges. Other it was good with Fedral Bank.
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 21, 2015
    loading
    Page 1 of 50 1 2 3 4 5
    Thank you for the feedback.
    Make a suggestion or report a bug
    • Like us? Spread the word
    • Broadcast your feedback via Facebook Twitter
    • or Cancel
    • View our privacy policy

    Contact Us on Mail
    Facebook
    reTH65gcmBgCJ7k - pingdom check string.
    This Page is BLOCKED as it is using Iframes.