Bangalore Home Loan

Bangalore Home Loan
 3.5 / 5.0   by 568 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 31 Oct 2014

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 Loans in Top Cities
Home Loan by Bank
Home Loan by City

News about Bangalore Home Loan


Bangalore Home Loan Reviews

78 % of our customers would recommend this bank. (441 out of 568) Write Review
Customer Reviews
Page 1 of 29 1 2 3 4 5
  • Good
    https://cdn1.bankbazaar.com/images/customer_review/default-unknown-person.png
    SADASHIVA VEERAPPA HATTI, bangalore
    Recommend Recommended by user
    Validated User
    (0)

    My experience with HDFC was normal as I did not interact much with them. Initially when I applied for the loan I was eligible for 30lacs loan amount but later they approved only 19 lacs for me. This stopped in proceeding with the loan.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Promised Interest Rate
    Fees & Charges
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Good
    https://cdn1.bankbazaar.com/images/customer_review/default-unknown-person.png
    SUDEEPA PUTTANNAREDDY NANDANAHOSUR, bangalore
    Recommend Recommended by user
    Validated User
    (0)

    Regarding my home loan application with HDFC limited I never had much interaction. Their interest rate is very high which is 11% and disappointing thing is that they were not ready to reduce the rate of interest & I had to arrange money from other source

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Promised Interest Rate
    Fees & Charges
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    I don’t have much experience with HDFC LTD, I did apply for a home loan with them, initially I had interest to take the loan but later we were in another plan so I dropped. Customer relationship officer were really good. The time what they took for proces

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    I had applied for home loan with HDFC limited and its in processing stage. I had already submitted the documents and its quite minimal documents given.Processing fees is around 13000 where 2000 for confirmation of the rate as per the market value. They could have negotiated in that part, however not made. I did spoke with the relationship manager where he is so interactive and he is giving up all the information. It would be fine if the relationship officer calls up instantly and intimate the offers so that could avail loan at the best rate.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (1)

    I did applied Home loan with ICICI, processing time is very fast, They did very good job to me, Compare to other norms ICICI providing very less, I did approached for Rs.32 lack they did the same amount what I approached , It better they could reduce interest rate

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from ICICI BANK on BankBazaar.com Reviewed on
  • Validated User
    (0)

    Response was normal, I applied home loan with HDFC limited , Interest rate is very high to compare other bank , At the same time I got best offer from other bank so I dropped my loan approach with HDFC limited, I never got any call back about my loan procedures. it could better if they provide proper follow up for the customer.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    I approached home loan with HDFC limited, Instantly their customer relationship officer contacted me regarding my property location. Unfortunately I was unable to take this loan as I had some personal issues. Otherwise I felt their rate of interest and processing fees is little high.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    Whenever I had issues, the relationship officers responded well and they explained all details transparently without hiding. HDFC Limited is giving good rate which is equal to government banks. My salary account is with different bank so I felt convenient there so I stopped my home loan application with HDFC Limited. In overall I am happy with services.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    With HDFC limited, I did apply home loan for 32 lakhs, however they stated I could get only 29 lakhs. The response was much slower and not much satisfied. Interest rate is quite comparable. However, if the loan amount can be more higher, it would be helpful as well the rate of interest can be bit less.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    SBI is offering 10.10% of interest for womens and 10.15% for mens, this is very unique and they are innovative. I just applied for Home loan with SBI and I was informed that post submission of all documents they would process the loan amount within 2 to 3 weeks. Hence, I yet experience their service because process is in progress. Anyways it would be great if SBI speed up the home loan process.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from STATE BANK OF INDIA on BankBazaar.com Reviewed on
  • Validated User
    (0)

    I applied for home loan with HDFC LTD, the executive was very good, he was having good customer relationship. He explained everything like interest rate and charges their was no hidden information. Interest rate was same as market price, It would be nice if they offer the loan at best rate of interest.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (1)

    I have availed Home loan with IDBI bank recently and they did not ask much documents for the process. I have submitted less documents to the executive and especially there is no processing fee at all. The representatives are very much aggressive and the home loan process with them was hassle free. Actually there was some delay of two days from my end but IDBI bank has taken only 5 days to process the loan. My suggestion for IDBI bank is that they could improve on their customer service. To say in concise the process was faster and combustion free.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from IDBI BANK on BankBazaar.com Reviewed on
  • Validated User
    (0)

    Axis bank was prompt in processing and they were pretty good in customer service. In fact I got best deal with some other bank with respect to interest rate thus I closed the Home loan application with Axis bank. 10.2% was the rate of interest but coming to charges, it is high while comparing with other banks. Therefore they could reduce the charges like other banks.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Validated User
    (0)

    Through one of my family friend, I did approach Sundaram finance for home loan. The entire process went smooth. Interest rate is 10.25% with no pre closure charges. Even the customer service representative did guide me a lot and overall I felt excellent.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from SUNDARAM FINANCE Reviewed on
  • Validated User
    (0)

    Basically my experience of availing a home loan from HDFC LTD was not that good. It took lot of time almost 2 months for processing & disbursing my loan. There was no proper communication and the person who was handling my case was not that much helpful. I think the processing fee & charges are quite competitive and they offered me an interest rate of 10.15%.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    Axis bank customer service is good and they given better response. According to me the rate of interest is moderate. The property which I was looking for did not work thus I was supposed to close the application. The rate of interest for home loan is fixed for tenor of two years so it would be convenient if they prolong it for 3 to 4 years.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from AXIS BANK on BankBazaar.com Reviewed on
  • (0)

    My home loan application is accepted by Punjab National bank. The process was a bit tricky, but finally got that. The processing time was average. They were actually including the insurance amount along with the processing fee. . They offered me an interest rate of 9.35%.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from PUNJAB NATIONAL BANK Reviewed on
  • Validated User
    (0)

    I am highly satisfied with ICICI bank services because comparing to other bank the rate of interest 10.15% is less. Also the executive was responsible and they followed better. In fact I asked them to process the home loan in the duration of 10 days but they disbursed in 7 days, which is highly satisfactory. They offered processing fee as .5% but they waived off in to 10,000 which is very less. I am getting proper updates and alerts as well.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from ICICI BANK on BankBazaar.com Reviewed on
  • Validated User
    (0)

    I am not much satisfied with Axis bank when I approached them for Home loan. Since the time I applied and I got approval , I informed them to process the Home loan in 20 days and they too accepted for it. Initially they said fine for all my requirements and even I submitted all necessary documents but later I never got any updates from the executive. I tried calling the executive and also contacted the manager of Axis bank but no response thus they could improve on it.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Validated User
    (1)

    I did approach to Canara Bank for home loan. There should be a proper mode of channel of communication or else approach so that process would be better. For home loan processing, I would say the customer should approach particular executive or else it would be hassle.It would be better there could be helpline provided at the reception so that the services would be excellent.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from CANARA BANK Reviewed on
Customer Reviews
Page 1 of 29 1 2 3 4 5
Contact Us on Mail
Facebook
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

reTH65gcmBgCJ7k - pingdom check string.