Home loans in Coimbatore start at the interest rate starting at 6.85% p.a. It goes up to 9.85% p.a. A host of lucrative offers are provided by the loan providers in Coimbatore on housing loans with nominal processing fee and flexible loan repayment tenure. If you are a self-employed or a salaried individual who stands eligible, you can apply for a home loan.
Home Loan Interest Rate in Coimbatore
6.85% p.a. to 9.85% p.a.
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
570 G D Plaza, 87/22A, Avinashi Road, Civil Aerodrome Post, Coimbatore, Tamil Nadu – 641 014
S F Number 391, 1, NSR Road, Sanganoor, Saibaba Colony, Coimbatore, Tamil Nadu – 641 011
Thirumalai Towers, PN 723 A and B, Avinashi Road, Coimbatore, Tamil Nadu – 641 018
Cheran Plaza, 1090, Trichy Road, Coimbatore, Tamil Nadu – 641 018
IDFC FIRST Bank
Door No. 25A/2, 1st Floor, AMI Midtown Building, Opp. Rajasthani Sangh, Diwan Bahadur Road, R S Puram West, Coimbatore, Tamil Nadu 641 002
PNB Housing Finance Ltd.
1112, Raja Plaza, 2nd Floor, Laxmi Mill Junction, Tamil Nadu – 641 037
Eligibility and Documents Required
18 years to 75 years (differs from bank to bank)
PAN card, voter ID, passport, or driving license
Resident of India
PAN card, voter ID, passport, or driving license
Self-employed or salaried
Salaried – From Rs.10,000 p.m. Self-employed – From Rs.1.8 lakh p.a.
(differs from bank to bank)
Last 3 months salary slip
Last 6 months bank statements
Last 2 years Form 16 and IT returns
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.
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I have taken a home loan from PNB bank before 1 year and i have applied through online. The loan was processed through bank . The process was smooth and loan got sanctioned on time. The loan amount was sufficient for the tenure of 34 years and the amount was Rs. 21L. The rate of interest was nominal 8.5% .
I have taken a home loan from REPCO HOME FINANCE and the loan amount was Rs. 13.25L. The rate of interest is 9.5% which is nominal and the tenure period they given for 20 years and with the EMI of 12450. I receive this loan within 25 days. Earlier i was applied through onlne , they asking heavy documents, so i applied directly through bank. Documentation was simple, i have given only address proof and salary slip.
I have taken Housing loan directly through BANK OF INDIA and the loan amount was Rs. 1,27,000. I have taken this loan for my friend, he is paying EMI 6300rupees and already paid for 1 month. The rate of interest was 11% floating which is quite nominal and the tenure is 2.5 years. Customer service was good and it took 1 day to receive a loan, around 1pm i signed for the loan i got a message at 7.30 pm loan got processed and the amount credited to my account.
I had applied for a home loan with HDFC Limited. The loan amount was Rs. 22,00,000 and the rate of interest was 8% when i was applied , but now it increased to 9.4% need to work in rate of interest. I am paying Emi monthly Rs. 18,500 and the tenure was 18 years. They have taken my documentation and also completed the verification as well executive supported me very nicely.
From LIC housing i have taken my home loan. In other bank, there are lots of documentation process but in LIC, the document process is very less. Within 3 days, they have sanctioned the loan. I got the loan amount of Rs. 14.5 lakhs and i bought it 16 years back and the total tenure period of the loan is 20 years.
With HDFC limited I have taken home loan on 8 months before which was processed through them directly. They have approved for 8 lakhs but as of now I have taken only for 5 lakhs remaining 3 lakhs I will get later from their end. Due to shop will come in commercial loan so I have split the loan amount to get it. For the tenure of 15 years. The processing fee for 5000 rupees. The rate of interest 8.8%, they have sanctioned the loan within one month.
I have chosen ICICI BANK for a home loan because they have provided me maximum fund and supportive. The loan duration is 10 years. I can do partial payment and foreclosure with some charges. The interest rate is okay and the processing fee is also normal.
There is no much documents required in PNB Housing finance thats the reason i opted the home loan from them. I bought the loan amount of Rs. 7 lakhs and they took 1 month to provide this loan. Interest rates are on the higher part after 1 year. I have been paying the EMI amount of Rs. 7200 for the tenure period of 15 years but i have requested them for 20 years.
I have taken Home loan through Punjab National Bank which was referred by my friend.The service is not upto the mark.I have got this loan sanctioned within 20 days.I have got all the required information about the loan process through the agent .The rate of interest and the processing fee was very high .
I have applied for Home loan directly through LIC Housing Finance directly.The rate of interest and the processing fee was high .Since have requirement taken this loan .I have applied for 8lakhs for 15 years of tenure .The agent gave all the details about the loan process .
I have selected bajaj finserve home loan 34 lakhs ,Rate of interested 8.85 percentage one time processing fee is detected from principal amount.while document submitted through on line so there is no delay while disbursal loan amount.customer service is good and responsive .
I have taken Home Loan through Vijaya Bank directly .The rate of interest and the processing fee was high .I have taken this loan on floating basis ,I have applied for the loan amount of 15 lakhs for the tenure of 20 years .I have got the loan amount on time ,While submitting the documents the process was smnooth .According to me the service was average.
Rate of interest rate is 85.75% and gradually they have increased upto 11% thats the reason i have shifted my HDFC housing loan to some other bank. I have got the loan amount of Rs. 45 lakhs and they have taken months to sanctioned the loan. They done a lots of verification.
I have taken the tenure period for my PNB housing loan of 5 years on that 3 years completed and the loan is going very smooth. Their communication is fantastic they are giving alert message stating that to check the balance to keep for paying the EMI. I have done a balance transfer to this bank because i want some top up. Their interest rate is nominal. Their customer care is very good and they are running bank for the customer and the staff mentality is good. All the paper work, they came to my house and got the sign.
HDFC limited home loan service is very good and my friends have suggested this option. They done the documentation as per time limit, I got the competitive interest for the loan duration of 20 years. There was no extra charges taken from the disbursement.
I have taken a home loan in KARUR VYSYA BANK on 4 years back which was processed through a bank. On time I have sanctioned a loan which the amount was sufficient for the tenure of 10 years. The rate of interest and processing fee are high when compare to other.
The home loan experience is good with PNB Housing, I took the principal amount of Rs. 32 lakhs , first time I took 25.75 lakhs and second year I took mortgage loan of Rs. 6.15 lakhs for three years of team. The documentation was very easy, the executive came to my place and collected the papers. I already recommended their service.
I have taken a home loan in MAHINDRA HOME FINANCE for more than 4 years before. The loan amount sufficient which was given from bank for the tenure of 5 years. The process was smooth. On time loan got sanctioned. But the rate of interest and fee are high. Cheque got bounce for twice then went directly to bank to pay the money. Due amount was detected from my account without any intimation.
I applied a home loan from HDFC bank through Bankbazaar. Rate of interest a little high. I believe rate of interest should not be more than 8.25%. Loan amount is also not sufficient. Customer service is good. and verification process is hassle free. I have been using HDFC bank's service for the past 8 years. Their service is always great.
I have selected HDFC limited home loan is amount 18 lakhs and tenure 20 year EMI RS 13000, Rate of interested is normal 8.2 percentage . while documents is not submitted to banker end. Customer service is good and responsive.I will recommended to my friends and relatives.