Home loans in Chandigarh can be availed from any bank operating in the city. The loan is provided at attractive rates with the processing fee being very low. The interest charge on the loan amount ranges between 7.35% p.a. and 12% p.a. depending on the bank you avail it from. It can be repaid within a period of 30 years.
Home Loan Interest Rate in Chandigarh
Interest Rates
7.35% p.a. - 12% p.a.
Processing fee
0.50% of the loan amount
Maximum Loan Amount
Depends on the income and repayment capability of the applicant
PN 28, Industrial Area Phase 1,
Chandigarh - 160002
Eligibility and Documents Required
Purpose
Eligibility
Documents Required
Age
18 years to 75 years
Voter ID card, PAN card, driving license
Residency
Resident or non-resident India
Passport, Aadhaar card, PAN Card
Employment
Self-employed or salaried
Employee ID
Income
Salaried – Minimum of Rs.10,000 per month
Self-employed – Minimum of Rs.2 lakh per annum
Bank statement for the last 6 months
3-month salary slip
Latest Form 16 and IT returns
Business proof/trade professional license/sales tax returns
Planning to avail a home loan in Chandigarh? If yes, you can avail it from any of the bank branches mentioned above. These banks offer the loan at affordable rates and process it without much hassle. Apply online or visit the bank branch along with the necessary documents and feel the joy of owning your home.
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I have taken Home Loan directly through LIC Housing Finance. The rate of interest was 8.5% and their processing fee was fine.This loan was sanctioned on time without any hassle .This was a paperless approval and this loan is still active .I have not undergone any issues so far .
I have taken a home loan in INDIAN OVERSEAS BANK on 2 years before which was applied directly to bank. The verification process was smooth and they have sanctioned the loan on time with sufficient amount for the tenure period of 30 years. The rate of interest and processing fee are nominal.
No anyone person called me from HDFC when i applying for the home loan. But unfortunately, i got transfer from my location hence i was not interested in Housing loan. Because my account is in HDFC bank thats the reason i'm trying to get a loan from HDFC bank. HDFC bank service is very good.
I have applied for HDFC Home Loan through Online .The agent gave all the required information about the loan process .There was no issues with rate of interest and the processing fee so far and also submitted documents as well .SInce notnselected the property cancelled the plan of taking loan .
I appreciate home loan department of HDFC Limited, the home loan service is very good than personal loan. I took the loan amount of Rs. 18 lakhs it was taken before 2.5 years, they charged me the interest around 8% it was satisfactory. The process was streamlined without any hassles. But some executives are not helpful to the customers, they should improve.
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0
DEEPIKA CHAUHAN
, chandigarh
Reviewed on Jun 21, 2019
Please don't take any loan from IIFL. They all are Fraudster specially the Chandigarh branch office. One of the worst home loan. They charged 15% interest on home loan. The loan amount was 13 lakhs and the interest rate was very high compare to other banks. The tenure period was 20 years . The customer service and responses was also not proper here.
I have taken Home loan through State Bank Of India which i have directly applied ,The rate of interest and processing fee was very less ,The loan amount got sanctioned on time ,I have applied for the loan amount of 15lakhs for the tenure of 10years .The loan process was very smooth according to me .
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8
SOMNATH BHAGAT
, chandigarh
Reviewed on May 28, 2019
The process in getting my Home Loan from HDFC LIMITED has been quite a good experience, where it was a quick process and the interest rate which they where offering has also been good. I would suggest that the documentation could be made more easy. The loan amount was sufficient and the processing fee has also been nominal.
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0
KAPIL TRIKHA
, chandigarh
Reviewed on May 03, 2019
I belong to Haryana state and now I am working in Andhra Pradesh rite now . When I am decided to a balance transfer with SBI . They said it will take a very long in processing the loan . Though the interest rate is very less in SBI , I am not able to apply .
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0
RAVI KUMAR NALLI
, chandigarh
Reviewed on May 02, 2019
LIC housing finance has provided me a loan when I required to buy a housing property . But the interest rate is very high to pay back for next 20 years . Being a middle class people , it is difficult for me . So I decided to go with the Balance transfer in private bank .
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1
RAVI KUMAR NALLI
, chandigarh
Reviewed on May 02, 2019
Actually , I am holding a savings account in Public sector bank . But I chosen the HDFC bank is mainly for the processing speed . Process has been completed very fast and I got the amount what I was expected . Their interest rate and processing fees were reasonable .
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0
RAVI KUMAR NALLI
, chandigarh
Reviewed on May 02, 2019
I closed India bulls home loan they are not responding prompt that is the reason I switched over to other bank. I took the loan amount of Rs. 65 lakhs for the tenure of 25 years. I would suggest they should provide proper response to the customer. The process was not streamlined they changed the paper without my consideration.
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0
NISHI KANT VERMA
, chandigarh
Reviewed on May 02, 2019
HDFC Limited home loan process took some time but the everything was satisfactory. I have taken the principal amount of Rs. 70 lakhs for the duration of 15 years. Its my top up plan with HDFC limited I believe the interest rate was nominal for me.
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0
NISHI KANT VERMA
, chandigarh
Reviewed on May 02, 2019
In HDFC , they given me only 50 % of the expected amount as a housing loan . For this amount they had taken almost one month for sanctioning the loan . They taken a very high processing fees and some charges for legal purpose were charges . Initially , they didn't give me the correct information of the Terms and condition .
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0
HEMANT SHARMA
, chandigarh
Reviewed on Apr 28, 2019
Since am having a savings account in SBI got an offer to get home loan from SBI bank, i have applied for 10Lakhs but it took for a long time to get for an approval for the loan process, mean while rate of interest is normal and processing fee is normal. Overall is good.
My home loan was taken with HDFC ltd . The charges are very high with this bank and the rate of interest is not same what they said before. While getting the loan process was smooth but there was two days delay in getting the loan i was expecting early . The tenure period is 20 years.
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0
SHUBHAM AGARWAL
, chandigarh
Reviewed on Jan 27, 2019
My home loan experience was satisfactory, but they collected too much of documentation from my end for the loan approval. According to the interest and trust is good, meanwhile they need to avoid collecting unnecessary documents. I took the amount around Rs. 11 lakhs for the tenure of 10 years, I done the foreclosure without any charges.
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3
JEEVAN KUMAR
, chandigarh
Reviewed on Jan 25, 2019
I have taken a home loan with HDFC Ltd through online channel. The customer service and response was better. The rate of interest and charges are okay as per the market price. They have taken one month for the home loan disbursement. I have opted the loan for 7 years.
I have been holding my home loan with punjab national bank, there service was not up to the mark, like i have applied the loan up to 12,00,000 as they had said me after evaluating the land they said i will be getting up to 12,50,000 but i did not got they have given just 10,00,000 only and rate of interest was high so i have cancel this loan after seeing there service.
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8
SHYAMU VERMA
, chandigarh
Reviewed on Nov 19, 2018
The experience i had with this Home Loan has been easy, the loan amount which they had provided me has been satisfactory as well. The interest rate with them has been around 8.4% which has been nominal when compared with the market rate. Their customer support team also had been helpful and had been good as well.
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5
RAVNEET SINGH
, chandigarh
Reviewed on Oct 06, 2018