Catholic Syrian Bank Home Loan

Catholic Syrian Bank Home Loan Interest Rates 2025

Catholic Syrian Bank's home loan schemes have floating interest rates that are linked to the 6 month's Marginal Cost of Funds based Lending Rate (MCLR).

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Catholic Syrian Bank Home Loan Scheme

The Housing Loan offered by Catholic Syrian Bank has the following features:

1. Can be availed by both resident and non-resident Indians (NRIs)
2. Subsidies can be availed under Pradhan Mantri Awas Yojana (PMAY)
3. No penalty on prepayment or foreclosure
4. Tenure of up to 20 years
5. Attractive interest rates

Use BankBazaar Catholic Syrian Bank Home Loan EMI Calculator to Know Your EMI

You can calculate the EMI amount you need to pay towards the home loan availed from Catholic Syrian Bank by using the EMI Calculator tool. Using the tool is easy, you just need to enter the loan amount, tenure, and the interest rate. Once you enter the details, the tool will calculate the EMI and display it to you. It is calculated based on a reducing balance, assuming EMI payments in arrears, where interest is debited monthly before the EMI payment date and not before.

Catholic Syrian Bank Home Loan Eligibility Criteria

The eligibility criteria for the home loan is as follows:

Documents Required for Catholic Syrian Bank Home Loan

The documents required when applying for a home loan from the Catholic Syrian Bank are as follows:

Resident Indians:

1. Salaried Applicants - Latest salary slip or certificate, latest Income Tax Return/Form 16, and 6 months bank statements
2. Self-employed Applicants - Last 3 years ITR with computation and 6 months bank statements

Non-Resident Indians:

1. Salaried Applicants - Embassy or employer attested certificate showing details of the salary credited to an operational international bank account or latest salary slip, employment contract including valid work permit, employer's profile, and copy of Visa stamped on the passport with entry/exit seal
2. Self-employed Applicants - Income proof duly attested by the sponsor, business profile, and last 6 months NRE bank account and operating international bank account statement

Other Documents

1. For loans taken for construction, you must provide an estimate, building permit, and approved plan.
2. For loans taken to purchase a property, you must provide a sale agreement.
3. Prior deeds, title deed, and revenue and connected village records.

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