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DCB Bank offers home loan interest rates starts from 8.25% (EBLR). DCB home finance ranging from Rs.10 lakh to Rs.5 crore. You can get loans with both fixed and floating rates based on your requirement and convenience. The loans are available for both salaried and self-employed individuals. The applicable processing fee is 2% of the loan amount subject to a minimum of Rs.5,000.
Compare: Home Loan Interest Rate all Banks
Your home loan EMI (equated monthly instalment) depends on multiple factors, including the loan amount, tenure, interest rate, and processing. To manage your finances in a better way, it’s always recommended to calculate your EMI beforehand.
Use BankBazaar Home Loan EMI Calculator to calculate your monthly instalments. The entire process is simple and hassle-free. All you need to do is enter the relevant details pertaining to your home loan and hit “calculate”. You will be able to check your instalment amount followed by an amortization table giving you a complete breakdown of your repayment schedule.
|Age||23 years to 65 years|
|Type of Employment||Salaried or Self-Employed|
For sole-proprietary firms
For partnership firms
Easy application process and quick loan disbursal turnaround time are some of the major highlights of DCB Bank Home Loan. Sign up for the scheme and get loans of up to Rs.5 crore.
The DCB Bank has recently announced the reduction of its benchmark one-year MCLR by 0.18%. this brings down the effective rate to 9.67%.
Earlier the MCLR was 9.85% before the cut was effective. The private sector bank has reduced the rates across different tenors. The new rate will be effective from 8 December 2020.
9 December 2020
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