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
Salaried – From Rs.10,000 p.m.
Self-employed – From Rs.1.8 lakh p.a.
(differs from bank to bank)
For salaried:
Last 3 months salary slip
Last 6 months bank statements
Last 2 years Form 16 and IT returns
For self-employed:
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.
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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I have a home loan going on with LIC Housing Finance. I am not happy with their services. Rate of interest is very high, when I applied for the loan rate of interest was ok but the loan got disbursed they increase the rate of interest. I spoke to their customer service and the executive told me that it's the bank policy.
A year ago, I had taken a home loan from HDFC Ltd. They quoted an interest rate of 8.60%. The loan process was very simple and there were no challenges for the loan. They had done with the process in a proper way and I am quite happy with HDFC Ltd...
I had very nice experience with AXIS for my home loan. They collected documents and done the good process. But the time taken was pretty bad almost they taken two months to disburse the amount. But interest rate was nominal like other private sector. When there some dispute on my processing fee, Earlier they committed one processing fee but later on they charged something it was disappointed.
I have a Home loan running with Allahabad Bank which I took recently. The documentation was very minimal and the processing was quite easy as the Branch manager was very helpful and friendly. I was offered an interest rate of 11.25% and the processing fee was waived off which was a nice gesture. The process took only about 12 hours.
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2
SAUMITRA CHATTERJEE
, ranchi
Reviewed on Apr 07, 2016
Actually the home loan tenure is of 20 years. But I reduced the tenure to 10 years. They are having some criteria in disbursing the loan amount. Interest rate quoted by HDFC limited is much comfortable in taking the home loan in the correct time.
I had a god relationship with SBI Bank. My Home loan was taken from them only and also I completed. Documentary part and interest rate are good in SBI Bank. Processed was quiet delayed and they need to speed up their work especially in terms of process.
I did not finalized the property yet. Till date the land was not allotted to us by the builder. But once I applied for the home loan with AXIS bank, the executive has come to my office for the documents collection. I paid the processing fees, even the loan amount of 19.85 lakhs was approved to me. This is like pre sanctioned loan so I will be taking it once I finalized my property.
The experience was very good because it was processed through the builder in the home loan with Axis Bank.I donâ??t have any trouble with the service provided.After completing the Emi they are not ready to provide the top up loan even if I pay the Emi continuously on time for last 5years without any interruptions.
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2
CHANDRASHEKHAR JHA
, ranchi
Reviewed on Nov 23, 2015
PNB Housing loan process was fine. There were too many formalities . I got a prompt response from them on time. I have switched over from PNB to this loan and the response provided by them was good. I was holding this loan for a period of 8 years, I was not getting nay sort of notification for balance and I was not any information about rate of interest also.
AXIS bank offered 10.15% as the interest rate for home loan. Processing fees is quite reasonable but can be lower.. In these services, I need not call them and they were much prompt. Overall services is good.& if in future i will require any such service i will definitely will prefer them.
I am banking with Axis bank for more than 5 to 6 years and I have very good experience. At the start they rejected my home loan application but when I visited branch, the Relationship Manager assisted me to avail home loan. Loan process was easy when I visited the branch personally. Response is not much good but the rate is competitive. Rate of interest they offered like 10.75% and processing fee is 2%. Axis bank need to be more customer oriented and the same is my suggestion.
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2
CHANDAN KUMAR THAKUR
, ranchi
Reviewed on Nov 15, 2014
Customer service was very fine and well coordinated with me from AXIS bank . Rate of interest was very flexible in home loan process. It is a diminishing method. Bankbazaar.com was good and very well. And number of times they will remind me regarding the documents and other activities also. I will give bankbazaar as 5
AXIS bank were immediately reacted in my home loan. Customer service was good and their follow ups are also good. Interest rates also good compared to other banks . Bankbazaar.com was also good . Website was too good. I will give bankbazaar for 4 for their services
Actually, when i approached Bankbazaar, they forwarded my application to AXIS. My property is gram panchayat, so not approved by AXIS bank. Their services are appreciable. Bankbazaar can list the banks which approves gram panchayat property. EMI rate of AXIS bank is 10.10%.
Axis home loan not much is not that good rate of interest is higher than other banks good one overall service is good they responsive very quickly and peoples are good the major factor is the interest rate as axis bank is offering at 10.25% and dats is why I have dropped it
