Home Loans in Vijayawada

Home loan in Vijayawada can be availed by eligible individuals at attractive interest rates. Public and private sector banks operating in the city offer the loans at an interest that ranges between 7.50% p.a. and 11.50% p.a. The processing fee is nominal, and the loan can be repaid within a period of 30 years.

Home Loan Interest Rate in Vijayawada

Interest Rates

7.50% p.a. to 11.50% p.a.

Processing fee

0.50% of the loan amount

Maximum Loan Amount

Depends on the income and repayment capacity of the applicant

Maximum Tenure

30 years

Compare: Home Loan Interest Rate

Best Home Loan Providers in Vijayawada

Home Loan Providers

Branch Location

State Bank of India

  Chuttugunta, Eluru Road, Vijayawada,Andhra Pradesh  

HDFC Bank

  Door No. 27/19/42, Ground Floor,Durgaiah Street, Besant Road, Vijayawada,Andhra Pradesh  

Federal Bank

  Door No. 29-7-50, Ramakrishna Towers,Prakasam Road, Suryaraopet,Vijayawada, Andhra Pradesh  

IndusInd Bank

  40-1-55, BVR Square, M.G. Road,Near Benz Circle, Vijayawada,Andhra Pradesh  

Kotak Mahindra Bank

  No. 9-76-18, K.T. Road,S.K.P.V.V. Hindu High School Compound, Vijayawada,Andhra Pradesh  

Axis Bank

  101 to 106, CSI, Dhanwada Anantham Complex,Prakasam Road, Suryarao Pet,Vijayawada, Andhra Pradesh  

PNB Housing Finance Limited

  Door No. 39-2-2, RK Plaza,1st Floor, Beside Anjaneya Jewellers,Masjid street, Labbipet, Vijayawada,Andhra Pradesh  

Eligibility and Documents

 

Eligibility

Documents Required

Age

Between 18 and 75 years

  1. Voter ID
  2. Driver's license
  3. Passport

Residency

Indian Resident

  1. Telephone bill
  2. Electricity bill
  3. Aadhaar card.

Employment

Salaried and Self-employed

  1. Employee ID

Income

  1. Salaried - Rs.10,000 per month onwards
  2. Self -employed - Income of Rs.1.8 lakh p.a.

Salaried

  1. Salary slips for the last three months
  2. Bank statements for the last six months
  3. IT returns

Self-employed

  1. IT returns for the last three years
  2. Bank statement for the last one year
  3. Profit and loss account with balance sheet for the last three years

Note: The documents listed above are indicative. Contact the bank for the complete list of documents.

Planning a buy or construct your home in Vijayawada? If yes, you can approach any of the banks listed above to get the loan at affordable interest rates and kickstart the process of owning your dream home.

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