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  • Ludhiana Home Loan

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  • We found 38 Ludhiana Home Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.40% - 8.50% Floating
    Up to ₹1 Cr - 0.25% of Loan Amount, subject to maximum ₹10,000/- (Plus GST), Above ₹1 Cr and up to ₹5 Crs - 0.25% of Loan Amount, subject to maximum ₹25,000/- (Plus GST)
    30L - 5Crs
    5-30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.65% - 10.35% Floating
    0% - 0.50% + Applicable Taxes One time fee
    5L - 10Crs
    3-30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.80%- 9.20% Floating
    12,000 (inclusive of GST) One-Time Fee
    20L - 5Crs
    1-30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.40% - 8.85% Floating
    Up to 0.5% (max. ₹11,800) One time fee
    5L - 10Crs
    1-30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.75% - 11.0% Floating
    Up to 0.5% One time fee
    2L - 3Crs
    1-30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.55% - 9.25% Floating
    0.5%+GST PF (For salaried) (Not applicable for plot loans)+Tax (for Self employed)
    12L - 5Crs
    1-20 Years (10 yrs plot loan)
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good To Know
    8.80% - 11.75% Fixed/Floating
    0.50% (min. ₹10,000) One time fee
    5L - 10Crs
    1-30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    9% Floating
    ₹ 10000+ taxes One time fee
    50L - 5Crs
    1 - 25 Years
    What you'll love
    Documents
    Perks
    Good to Know
    8.55% - 8.99% Floating
    ₹5,000 to ₹10,000 + applicable tax One time fee
    20L - 10Crs
    1-30 Years
    What you'll love
    Documents
    Perks
    Think about
    Good to Know
    9.25% Floating
    0.50% (min. ₹10,000)
    1Cr - 5Crs
    1-20 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.30% - 8.35% Floating
    Up to 0.50% (max. ₹15,000) + GST One-time fee
    ₹25L Min
    1-30 years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Eligibility Criteria
    9.25% - 11.20% FIXED
    Up to 0.5% One time fee
    2L - 3Crs
    1-30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know

    Ludhiana, located in the Ludhiana district of Punjab, is the state’s largest city based on population.Ludhiana is a component of the ‘Eastern Industrial Corridor’ that joins quite a few cities from Punjab straight to West Bengal This ensures that industrial growth is enhanced by quick transport of freight and goods.The World Bank held Ludhiana as the Indian city having the most favorable business atmosphere in 2009

    Home loans, also known as mortgages, use the borrower's home for collateral. This home can be a single-family house up to a four-unit property, as well as a cooperative unit. Lenders fund home loans, but both the lenders themselves and brokers who act on behalf of the lenders originate, or process, them.


    You’re probably eligible for an Ludhiana Home Loan if you are

    01
    02
    03
    04
    Ludhiana Home Loan Minimum Age

    At least 21 years old

     Ludhiana Home Loan Maximum Age

    Less than 65 years old

    Ludhiana Home Loan Eligible Employment Type

    Salaried / Self-employed
    with regular income

    Ludhiana Home Loan Minimum Income

    Earn more than the minimum
    income required


    Your Ludhiana Home Loan amount eligibility is based on these factors

    01
    02
    03
    Ludhiana Home Loan Minimum Salary

    EMI limited to about 50%
    of monthly income

    Ludhiana Home Loan Maximum Loan to property value

    Loan capped @ 75% - 85% on property value

    Ludhiana Home Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Ludhiana Home Loan amount by these steps

    01
    02
    03
    Ludhiana Home Loan Add Spouse as Co-applicant

    Make your spouse a co-applicant,
    and her income will add
    to your eligibility

    Ludhiana Home Loan Maximum Tenure

    Choose longer tenure loan up to 20 - 30 years

    Ludhiana Home Loan Add parents as Co-applicant

    Alternatively add your parents


    Documentation needed to apply for an Ludhiana Home Loan

    • 1. Photo ID and age proof
    • 2. Signed application form with photograph
    • 3. Processing fee cheque
    • 4. Last 6 months bank statement
    • 5. Documentation for salaried applicants:
      • Last 3 months salary – slips
      • Form 16 or Income Tax Returns
    • 6. Documentation for self-employed applicants:

      • Last 3 years Income Tax Returns with computation of Income
      • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

    Ludhiana Home Loan Interest RatesUpdated on 24 Oct 2019

    Ludhiana Home Loan Details
    Interest Rate (Monthly reducing balance) 10% - 10.5%
    Processing Fees 0.50% of Loan
    Loan Tenure 1 year to 20 - 30 years
    Partial pre-payment Charges Nil
    Pre-closure Charges Nil

      

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    Ludhiana Home Loan Reviews

    • ICICI Bank Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I hold my housing loan with ICICI bank for an while, i took loan 3-4 months back only,and the loan amount which they have given me was sufficient,and the rate of interest this month they have charged me bit high i felt, they have charged me up to 10.35% ,it use to float based on market price,and they have charged me high processing fee they charged me up to 10,000,which was high i felt,so far no issue,the loan came on time.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Apr 01, 2019
    • ICICI Bank
      ICICI Bank Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      I had a home loan in ICICI BANK and have done a balance transfer to HDFC LTD. They are not willing to reduce the interest rate though I am a existing customer of ICICI. I got a good offer with other bank so have done it. The customer service is average. They have charged me a processing fee as well. The process was okay.
      Was this review helpful? 1
      , ludhiana
      Reviewed on Mar 07, 2019
    • HDFC Limited Home Loan
      "Better"
      0.5 4.0/5 "Great!"
      I have a Home loan with HDFC LTD. The interest rate is affordable. They are responding well to me and have no issues with the customer service. They have not charged a processing fee. I have purchased a residential property and the loan duration is 12 or 13 years.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Mar 07, 2019
    • Punjab National Bank Home Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      It was a good experience with PNB Finance for Home loan, the process was smooth and the loan amount was disbursed in 1 month. Customer service was good and they collected documents on time. The loan amount was for Rs 11 lacs with 25 years of tenure and nominal interest rate.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Aug 28, 2018
    • Punjab National Bank Home Loan
      "Not share proper information with anyone "
      0.5 0.5/5 "Unacceptable"
      I have try to get a home loan from pnb bank and bank of India, both bankers not coordinate with customer and not share proper information to customer. I always believed on government bank, but till both bank experience lost my faith. Govt bank always support to customers depending on his mood.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Mar 17, 2018
    • Punjab National Bank Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The service which was given by PNB HOUSING FINANCE LIMITED nominal . They took around 30days of time to disburse my loan amount. Still they would have given much support from the PNB HOUSING FINANCE LIMITED. The rate of interest and the charges are average as per market rate.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Feb 15, 2018
    • Punjab National Bank Home Loan
      "Considerable "
      0.5 5.0/5 "Blown Away!"
      Due to my personal reasons i could not able to process the loan from PNB HOUSING FINANCE LIMITED. When i got a call from PNB i informed about my current status.I am happy with the institution, so that i can consider PNB in future for my home loan.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Nov 22, 2017
    • Punjab National Bank Home Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I have applied for the home loan from PNB Housing Finance, my loan application was closed because the process fees and rate of interest is high when compared to all other sources. When it comes to customer service, there was no interaction with them as i closed the loan application after the discussion of rate of interest and processing fees.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Nov 11, 2017
    • Punjab National Bank Home Loan
      "Average service"
      0.5 5.0/5 "Blown Away!"
      I have applied for home loan from PNB Housing Finance, i did not take the loan as i dropped the plan due to the property which i have taken was not fixed. When it comes to customer service, initially they called and said there is no processing fee and when they called for the second time they said processing fees will be charged which is 6% on the principal amount. The only thing i was satisifed is with the rate of interest.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Oct 10, 2017
    • SBI Home Loan
      "Hassle free experience with SBI"
      0.5 5.0/5 "Blown Away!"
      I have finalized the property at Jamalpur, SBI sanctioned Rs.9 lakhs to purchase individual home with the interest rate of 8% for the tenure 10 years. SBI is also good in Part payment and preclosure option. SBI is my salary account hence automatically loan amount gets debit from my account.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Sep 01, 2017
    • Punjab National Bank Home Loan
      "Loan process should be flexible"
      0.5 2.0/5 "Expected more"
      PNB housing offered me 8.5% of interest but SBI offered me 8% of interest for the tenure 10 year and also its a floating rate. Hence I gone with SBI, It would be great if PNB housing reduce the rate, many people will utilize the service and also PNB housing should not ask the bank statement or balance sheet from government employees for the home loan.
      Was this review helpful? 1
      , ludhiana
      Reviewed on Sep 01, 2017
    • Punjab National Bank Home Loan
      "No enough response"
      0.5 3.0/5 "Satisfactory"
      For the housing loan, I approached PNB housing finance limited. The responses from PNB are not so satisfactory. Also the rate of interest is not much good with them. Hence I did not process my housing loan process with PNB and I just closed the application.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Jun 10, 2017
    • Punjab National Bank Home Loan
      "Its Better"
      0.5 4.0/5 "Great!"
      PNB housing offered me an interest rate of 8.5% on my housing loan its fine. But loan process got delay, they had al most they taken one and half month to approve my loan and finally it got disbursed. I require an amount of Rs.20 lakhs, PNB housing sanctioned the amount of 18 lakhs. I am not happy with the principal amount, other than that everything is good.
      Was this review helpful? 0
      , ludhiana
      Reviewed on May 16, 2017
    • LIC Housing Home Loan
      "Not satisified "
      0.5 1.0/5 "Really Bad"
      I was planning to take the housing loan, therefore I opted to take it from LIC housing finance as there as no other choice at that point of time. Customer service provided by them is not satisfactory..I am not happy with the EMI date, EMI amount and they are not very much transparent also they are not providing a clear cut information about the product.
      Was this review helpful? 3
      , ludhiana
      Reviewed on Jan 13, 2017
    • Punjab National Bank Home Loan
      "So far so good"
      0.5 3.0/5 "Satisfactory"
      I am more than happy to take the housing loan from PNB. The reason why I stopped stepping further was because some of the documents were pending that is the reason why I did not proceed further with them. Now that I managed to arrange my documents I am willing to proceed further with them.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Jan 13, 2017
    • SBI Home Loan
      "Satisfied..."
      0.5 4.0/5 "Great!"
      There are both positive and negative. 9.75% is the rate of interest and that is very less than the private financial services. SBI took a month to give the loan amount. The give home loan rate is floating range. Verification was very smooth and there was no trouble in getting the loan.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Mar 03, 2016
    • Punjab National Bank Home Loan
      "Satisfied..."
      0.5 4.0/5 "Great!"
      At PNB Housing finance the rate was around 10% but in SBI it is less so I preferred it for home loan. As such no problem with PNB Housing finance. Processing charge is also one of the reasons for not choosing the PNB for home loan as that is somewhat high. They can follow up the customers and can reduce the rate bit and they can meet favorable with others.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Mar 03, 2016
    • Axis Bank Home Loan
      "Not a good one"
      0.5 5.0/5 "Blown Away!"
      I am not interesting in availing the housing loan from Axis bank because I had some personal issues . Customer service offered by Axis bank was very much friendly. The service what they provide was very nice . Interest rate is offered by them was very high.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Dec 01, 2015
    • Oriental Bank of Commerce Home Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      Oriental bank of commerce disbursed the home loan within five days. They charged the nominal interest rate and other charges. I took the loan for five year and pre closures within 3 years there was no any extra charges. They collect the required document for the process which was very simple.
      Was this review helpful? 2
      , ludhiana
      Reviewed on Nov 25, 2015
    • Indiabulls Home Loan
      "Higher interest rate."
      0.5 1.5/5 "Bad"
      i have opted home loan from indiabulls at 10.5% pa interest in January 2015 now in December 2015 , all banks have slashed interest rates to 9.6% pa even indiabulls is giving new home loan at 9.60% to its new applications but its not reducing interest rate to current home loan costumers. despite several emails , phone calls, they do not reduce interest rates and say that their interest 9.60% is only for new costumers. new costumers , do not go for indiabulls home loans . they harass a lot afterwards and indiabulls have most poor service quality.
      Was this review helpful? 1
      , ludhiana
      Reviewed on Nov 05, 2015
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