Home Loans in Ranchi

Home loans in Ranchi can be availed by eligible applicants at interest rates ranging between 6.90% p.a. and 12% p.a. There are a number of loan providers in Ranchi who offer attractive loan products which come with nominal processing charges and flexible loan repayment tenure.

Home Loan Interest Rate in Ranchi

Interest Rates

6.90% p.a. to 12.00% 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

Maximum Tenure

Up to 30 years (differs from bank to bank)

Compare: Home Loan Interest Rate

Best Home Loan Providers in Ranchi

Home Loan Providers

Branch Location

State Bank of India (SBI)

  Beside Canara Bank, Ranchi Chutia Branch,Bahu Bazar, Upper Chutia, Samlong,Ranchi Jharkhand – 834 002  

Canara Bank

  1st Floor Shri Ram Gardens Complex,Opp. Lake Avenue, Kanke Road,Ranchi, Jharkhand – 834 008  

HDFC Bank

  Kadru RCP Complex,P N 298, W N 28, Kadru,Ranchi, Jharkhand – 834 002  

Central Bank of India

  Chirag Sadan, Bangla School Lane,Mahatma Gandhi Main Road,Ranchi, Jharkhand – 834 001  

Axis Bank

  Holding No. 208, Upper GF,Tara Bhawan, Kanke Road, Gonda Town,Ranchi, Jharkhand – 834 008  

Union Bank of India

  Ranchi Branch, Post, MECON Colony,Shyamali Colony, Hinoo,Ranchi, Jharkhand – 834 002  

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:

  1. Last 3 months salary slip
  2. Last 6 months bank statements
  3. Last 2 years Form 16 and IT returns

For self-employed:

  1. Previous 3 years income tax returns
  2. Previous 3 years profit & loss accounts with balance sheet
  3. 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 the city of Ranchi, you can easily apply for one of the home loan products and fulfil your dream. Now you can visit the BankBazaar website and compare and avail the best home loan option for your housing needs. Avail home loans at lucrative rates of interest and flexible loan repayment tenure.

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