Home Loans in Meerut

Home loans in Meerut have interest rates that range from 6.85% to 9.70% p.a. with processing fees of up to 0.50% of the loan amount. Eligible individuals can get loan amounts ranging from Rs.30 lakh to no upper limit. Providers in the city offer home loans with repayment tenures going up to 30 years.

Home Loan Interest Rate in Meerut

Interest Rates

6.85% to 9.70% p.a.

Processing fee

Up to 0.50% of loan amount

Maximum Loan Amount

Amounts exceeding Rs.75 lakh

Maximum Tenure

Up to 30 years

Compare: Home Loan Interest Rate

Best Home Loan Providers in Meerut

Home Loan Providers

Branch Location

Bank of India

  Anand Bhawan, Kothi No. 346,Khair Nagar Road,Meerut-250001  

HDFC Bank

  171/1, Suryansh Plaza,Taru Kunj,Garh RoadMeerut-250004  

Kotak Mahindra Bank

  24, Chipi Tank,Begum Bridge Road,Meerut  

Punjab National Bank

  510 Army Base Workshop,510,Meerut  

Union Bank of India

  Begum Bridge Road,Opp. Govt. Inter College,P.B. No. 93,Meerut City  

State Bank of India

  Meerut Cantonment Branch,Roorkee Road,Meerut  

Eligibility and Documents Required

Purpose

Eligibility

Documents Required

Age

18 years to 75 years

Voter ID, passport, PAN card, driving license

Residency

Resident of India

Driving license, voter ID, PAN card, passport

Employment

Self-employed or salaried

Employee ID

Income

 Salaried – Starting at Rs.10,000 p.m.Self-employed – Starting at Rs.1.8 lakh p.a.  

For self-employed:

  1. Bank statements of up to 12 months prior
  2. Income tax returns of the previous 3 years
  3. Profit & loss accounts with balance sheet of the previous 3 years

For salaried:

  1. Last 3 months salary slips
  2. Latest Form 16 and IT returns
  3. Last 6 months bank statements

You can buy a house or apartment or construct a house of your own in Meerut with the help of an affordable home loan from any of the leading banks in the city that are listed above. The long repayment tenures, minimal documentation, and hassle-free application process make owning your dream home easier than ever before.

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