Home loans in Cochin start at the interest rate starting at 6.90% p.a. It goes up to 11.50% p.a. The loan providers in Cochin have lucrative offers on housing loans with nominal processing fee and flexible loan repayment tenure. Eligible self-employed or salaried individuals can apply for the loan.
Home Loan Interest Rate in Cochin
Interest Rates
6.90% p.a. to 11.50% p.a.
Processing fee
As per the terms and conditions of the bank
Maximum Loan Amount
As per the terms and conditions of the bank and the eligibility of the applicant
3rd Floor, Chicago Plaza, Rajaji Road
Ernakulam,
Kerala – 682 035
Canara Bank
Bazaar Road, Mattancherry,
Cochin,
Kerala – 682 002
HDFC Bank
1182, Building No. 32,
Palarivattom Jn,
Cochin,
Kerala – 682 025
State Bank of India (SBI)
Cochin Shipyard, MG Road,
Perumanoor, Ernakulam,
Kerala – 682 015
PNB Housing Finance Ltd.
1st Floor, R P Arcade, Near Railway Overbridge,
Near Gold Souk Grande Mall, Ponnurunni, Vyttila, Cochin,
Kerala – 682 019
Eligibility and Documents Required
Purpose
Eligibility
Documents Required
Age
18 years to 75 years (differs from bank to bank)
PAN card, voter ID, passport, or driving license
Residency
Resident of India
PAN card, voter ID, passport, or driving license
Employment
Self-employed or salaried
Employee ID
Income
Salaried – From Rs.10,000 p.m.
Self-employed – From Rs.1.8 lakh p.a.
(differs from bank to bank)
For salaried:
Last 3 months salary slip
Last 6 months bank statements
Last 2 years Form 16 and IT returns
For self-employed:
Previous 3 years income tax returns
Previous 3 years profit & loss accounts with balance sheet
Last 12 months bank statements
Note: Documents required are indicative and applicants might be asked to provide additional documents as per the requirement of the bank.
If you are planning to build a house in Cochin, you can easily avail a housing loan at reasonable rates of interest, flexible loan repayment tenure, and nominal processing fee and realise your dream of building your dream home.
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I have applied for HDFC Ltd home loan through online .I was working in Cochin and my native was Patna so need loan on Patna since residing in Cochin at that time unable to get the loan .The rate of interest was very high and the agent gave all the information about the loan process as well as got proper response .
I have taken a home loan from Federal bank and it was a good loan experience. The loan amount was for Rs 18 lakhs with the rate of interest of 9 or 9.5% which is less when compared to all other banks. The process was quite lengthy and it took 1 month to receive the loan. Customer service was good. The tenure of this loan is 15 years .
HDFC provides the worst customer care ever. I had tried applying for a home loan from them and it is been more than 4 months and still the process has not been completed. Called them up multiple times from UK but very bad response. They showed much eager to obtain 12,000Rs from me for processing fee but no amount of effort was put forth from them. The manager nor the executive mentioned about a Power of attorney/ Notary service, only after me inquiring with my friends who have taken similar loans, I came to know about these mandatory documents for NRI. Again Mr.Abhilash and Mr.AkhilRaj acted as if it was my issue and they were not bothered. I sent all the documents to them via mail from UK 3 weeks back and till date they didn't respond whether they have received it or not. I called them everyday from UK waiting my time, energy and money. The anxiety they showed towards 12,000rs processing fee got over once I sent them the cash. My registration is not completed. For nearly 5 months, I
There is no proper customer support from Bajaj Finserv. They will give proper guidance till we get the loan. I have asked the top up in my existing loan once i approached the Bajaj Finserv, they have given me a offer with the interest rate of 8.6% hence i have accepted the same. They have sanctioned the loan in 3 weeks. Some EMI got bounced, they sent the collection executive to home before getting the proper explanation to the customer.
When i joined in a company, My friends suggested me a Axis bank based on the quick process. They have completed the entire process in two weeks. I have applied the loan amount of Rs. 21 lakhs and they have sanctioned the same. The given interest rate is 10.5%. They have a facilities of partial payment and pre-closure.
Currently my DHFL home loan is active at the time of loan process. My land was in airport area hence its became an issue but DHFL helped me a out however the interest rate was quite more but still due to my situation they fulfilled my needs. As per the government rule they are reversing the loan Every six to one year. The bank staffs are helpful and comfortable.
My friend has taken the home loan from PNB housing hence there is no issue on housing hence i have chosen them. After i filled my application, they have not done any follow till now. I have applied the loan amount of Rs. 20 lakhs. They have asked me for the sanctioned date then i have requested them within 3 months to sanctioned the loan and the interest rate is 8.3%
I applied my home loan with HDFC BANK . The application is on process the customer support follow up is good they was very helpful . The rate of interest which they are charging was very nominal . I upload some of the documents . The service is godo the loan amount i applied 1500000 and i was getting the same .
In HDFC , I took 45 lakh as a housing loan . Very good customer service when I purchasing the loan . They themselves call the customer for negotiation of interest . But they are very strict in Preclosure charge . No one has informed me about the pre closure charge while taking the loan .
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1
PUTHENPARAMBIL THOMAS SEBASTIAN
, kochi
Reviewed on Apr 09, 2019
I am happy with top up loan of my housing loan with HDFC limit, my total loan amount was Rs. 17 lakhs. Again I took the top up amount around Rs. 2.44 lakhs with the better interest rate. I took the loan for the 20 years, but now I requested for 15 years of tenure period.
Rate of interest is bit low compared to other bank they have given best rate of interest am fully satisfied with it , They took time like 1 month for the processing and approval for the documentation as they do property evaluation . . They have charges some nominal fees for the housing loan approval Am pretty much satisfied with the customer service .
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8
SUMESH GOPINATHAN
, kochi
Reviewed on Jan 18, 2019
I have purchased my home loan with HDFC in the year of 2014. Since the interest rate is 8.5% i have chosen them. I have been paying the EMI amount of Rs. 15000 every month and the will be auto deduction from my account. Total tenure period of the loan is 13 years. There was no processing fee and preclosure, partial payment facility is available.
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1
MALAMPADAM VEEMBAN MANIKANDAN
, kochi
Reviewed on Jan 10, 2019
My housing loan was taken with STATE BANK OF INDIA , the tenure period is 15year . I sue to pay EMI on time .There rate of interest is nominal they have charge me, customer service is good they have explain me about everything relating to loan was clear.
I have taken a home loan with HDFC LTD and my experience was good, the loan amount was for Rs 28 lacs with nominal interest rate when compared to others. Customer service was good and they followed up on time The tenure period for this loan is 15 years.
I have taken my home loan with HDFC ltd . I was looking for 10 lakhs loan amount but i have taken 3 lakhs . The tenure period was 10 years . The interest rate was bit high and It was smooth process here. The customer service and responses was very good. There are no issues faced and the loan was approved on time.
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3
AMJAD MALLIKATHODI
, kochi
Reviewed on Sep 22, 2018
I took a home loan from the DHFL. The loan amount was huge, the interest rate was 9.6% is more. The tenure of the loan 15 years. It also has pre closure facility. The service was really good and the whole process was hassle free with the DHFL. Overall it was a good experience.
I took a home loan from the Grih Finance Rate of interest was high 14% it was back in 1997, The loan amount 1.5 lacs. I closed the loan completely. Even though the rate of interest was high, they provide good service and disbursed the loan with out any hassle.
My home loan experience was good with HDFC LTD, the loan amount was based on my requirements and the rate of interest was nominal when compared to all other sources in the market. Customer service was good and they collected documents on time.
I have applied for the home loan from HDFC LTD, i have closed the loan application because i have taken a home loan from other sources. Customer service of HDFC LTD was very good and they responded on time. The rate of interest was nominal when compared to other sources.
Got my housing loan from corporation bank, where they did quick documentation and approval process. There rate of interest is low compared to other bank available in market their customer service and response is good toward queries related to housing loan.
