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  • Visakhapatnam Home Loan

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  • We found 39 Visakhapatnam Home Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    PA PL OTP
    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
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    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
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    Perks
    Fees & Charges
    Good To Know
    8.40% - 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
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    Perks
    Think about
    Good to Know
    9.25% Floating
    0.50% (min. ₹10,000)
    1Cr - 5Crs
    1-20 Years
    What you'll love
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    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

    Visakhapatnam, also known as “Vizag”, is a port city on the southeast coast of India in the state of Andhra Pradesh. It is often called "The Jewel of the East Coast" and the "City of Destiny". The city is home for various state owned heavy industries and a steel plants. Apart from accommodating various international information technologies and banking firms, the city is a hub for iron ore and other minerals which are exported to China and other countries. The fishing and real estate industry has seen a tremendous growth.The city has a population of over 1 million, is the second largest city in the state of Andhra Pradesh and the third largest city on the east coast of India. Visakhapatnam has been recognised as a Global City of the Future by McKinsey Quarterly.

    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 Visakhapatnam Home Loan if you are

    01
    02
    03
    04
    Visakhapatnam Home Loan Minimum Age

    At least 21 years old

     Visakhapatnam Home Loan Maximum Age

    Less than 65 years old

    Visakhapatnam Home Loan Eligible Employment Type

    Salaried / Self-employed
    with regular income

    Visakhapatnam Home Loan Minimum Income

    Earn more than the minimum
    income required


    Your Visakhapatnam Home Loan amount eligibility is based on these factors

    01
    02
    03
    Visakhapatnam Home Loan Minimum Salary

    EMI limited to about 50%
    of monthly income

    Visakhapatnam Home Loan Maximum Loan to property value

    Loan capped @ 75% - 85% on property value

    Visakhapatnam Home Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Visakhapatnam Home Loan amount by these steps

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

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

    Visakhapatnam Home Loan Maximum Tenure

    Choose longer tenure loan up to 20 - 30 years

    Visakhapatnam Home Loan Add parents as Co-applicant

    Alternatively add your parents


    Documentation needed to apply for an Visakhapatnam 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

    Visakhapatnam Home Loan Interest RatesUpdated on 19 Jan 2020

    Visakhapatnam 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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    Visakhapatnam Home Loan Reviews

    • Indiabulls Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      My home loan is ongoing with Indiabulls since 5years back, it was taken. The rates are okay without any issues. The customer service is good. The loan tenure is 20years and the processing fee is included. I have purchased a Flat and the process was simple. Their executive helped me well.
      Was this review helpful? 2
      , visakhapatnam
      Reviewed on Nov 03, 2019
    • LIC Housing
      LIC Housing Home Loan
      "Not satisfactory"
      0.5 3.0/5 "Satisfactory"
      I am not happy with rate of interest which was given by LIC Housing Finance. I have purchased the Flat in 2017August. The loan amount was 40L and its 15 years tenure. The processing fee is not applicable. The customer service is good. But every year, they are raising the interest rate which was not good.
      Was this review helpful? 8
      , visakhapatnam
      Reviewed on Sep 28, 2019
    • LIC Housing Home Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I have taken a home loan with LIC HOUSING FINANCE on 2 years before which was processed directly to them. The amount which was given sufficient for the duration of 2 years. The rate of interest and processing fee are nominal. I use to do payment on monthly EMI for 16 thousands through an online.
      Was this review helpful? 2
      , visakhapatnam
      Reviewed on Aug 16, 2019
    • Punjab National Bank Home Loan
      "Medium"
      0.5 3.0/5 "Satisfactory"
      I was applied for a home loan in PUNJAB NATIONAL BANK on a previous month which was processed through an online. I received a call from bank on time for further verification, the loan amount was okay which was offered from bank for the tenure of 10 years. The rate of interest and the processing fee are high when compare to other. Later banker has intimated cannot be process further for this loan.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Jul 05, 2019
    • HDFC Limited Home Loan
      "Good loan services"
      0.5 4.0/5 "Great!"
      Long back, i have taken my home loan from HDFC. When i purchased the loan the interest rate was 8.5% and now increased upto 9.7%. I have been paying the EMI of RS. 8700 and it will be directly deducted from my account. It took 1 week to sanctioned the loan. Total tenure period of the loan is 20 years.
      Was this review helpful? 2
      , visakhapatnam
      Reviewed on Jun 22, 2019
    • andhra Bank Home Loan
      "Recommendable Bank"
      0.5 5.0/5 "Blown Away!"
      I am working with Andhra Bank, they gave me attractive interest for the housing loan since I am a staff. I took the loan amount of Rs. 11 lakhs for the duration of 20 years. The response is genuine to the customer. They have balance transfer, part payment and pre closure option.
      Was this review helpful? 1
      , visakhapatnam
      Reviewed on May 15, 2019
    • SBI Home Loan
      "Best in the market"
      0.5 5.0/5 "Blown Away!"
      My SBI branch gave me the housing loan, being a staff I got attractive housing loan. The process was convenient to get the loan on time. I took the amount of Rs. 20 lakhs for the duration of 15 years, they do have balance transfer, part payment , foreclosure option but there is some terms and condition applicable.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Apr 24, 2019
    • HDFC Limited Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My home loan experience was good with HDFC LTD, the loan amount was based on my requirement and the rate of interest was nominal when compared to others. Customer service was good and they followed up on time. Tenure period for this loan is for 20 years.
      Was this review helpful? 3
      , visakhapatnam
      Reviewed on Feb 13, 2019
    • SBI Home Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      I had taken this loan a while back and it has been still running. The loan amount has been sufficient and the interest rate with them has been very low when compared with the market rate. Even during the process their customer support executives has been responsive.
      Was this review helpful? 3
      , visakhapatnam
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Best Service"
      0.5 4.5/5 "Excellent!"
      My home loan experience was good with HDFC LTD, the loan amount was for Rs 50 lacs with less interest rate when compared to others. Customer service was good and they followed up on time. The tenure period for this loan is for 15 years.
      Was this review helpful? 2
      , visakhapatnam
      Reviewed on Sep 25, 2018
    • Axis Bank Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It has been a very good experience i had with this home loan from AXIS and the services had been good. The loan amount which they had provided had been good and the interest rate with them had been good when compared with the market rate. Their customer support and their staff responses also had been good as well.
      Was this review helpful? 3
      , visakhapatnam
      Reviewed on Sep 17, 2018
    • HDFC Limited Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken home loan with HDFC LTD and my loan experience was fine. My loan amount is not sufficient for me i expected more, and interest rate is 8.65% and it is satisfactory.There is no hidden charges. I use to pay 17000 as EMI per month including top up loan and tenure period is 15years. I am not satisfied with customer service they did not respond in a friendly manner.
      Was this review helpful? 8
      , visakhapatnam
      Reviewed on Aug 22, 2018
    • Punjab National Bank Home Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have closed my home loan application with PNB Housing Finance because i do not require the home loan as of now. When it comes to customer service, it was good and they followed up on time. The rate of interest was nominal when compared to all other sources.
      Was this review helpful? 2
      , visakhapatnam
      Reviewed on May 16, 2018
    • Axis Bank Home Loan
      "Excellent service"
      0.5 4.0/5 "Great!"
      I have applied for the home loan with Axis bank and I got good response from axis bank with regards to my home loan application. The loan would get approved with in 15days of time. The customer support and the response part is good with the AXIS bank.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Jan 12, 2018
    • Punjab National Bank Home Loan
      "Change of plan"
      0.5 4.0/5 "Great!"
      Due to the change of plan i have not gone with PNB HOUSING FINANCE LIMITED for the home loan. The executive gave me god response and can be considerable in future for home loan. Other than that i dont have any other issue with PNB HOUSING FINANCE LIMITED.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Nov 24, 2017
    • Indiabulls Home Loan
      "Not good"
      0.5 0.5/5 "Unacceptable"
      I did not take the home loan from IndiaBulls is because what ever I was expecting was not fulfilled. I did not get the rate of interest and the loan amount as needed. The response was also not on time and not clear as well. It has not been a good deal overall.
      Was this review helpful? 4
      , visakhapatnam
      Reviewed on Nov 01, 2017
    • Punjab National Bank Home Loan
      "They didn't give it"
      0.5 3.0/5 "Satisfactory"
      I applied for a Home Loan with Punjab National Banking Housing Finance few days back. The overall experience they put forth was good, but I felt a little let down when I was not given the loan. They informed me that I won't be getting the loan for that particular place.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 31, 2017
    • Bank of Baroda Home Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      It was a very time process with the Bank of Baroda for the Loan against property. They completed the loan process on time and also offered a good rate of interest and processing fee. The services are very smooth and there was no struggle to get the loan.
      Was this review helpful? 1
      , visakhapatnam
      Reviewed on Oct 16, 2017
    • SBI Home Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      I expected the rate of interest and charges to be lesser of SBI but I found it the same as the private banks. The process took a month and half as there was a delay from the lawyer. Once the papers work was done, the bank completed the loan in a week for the home loan.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 16, 2017
    • Punjab National Bank Home Loan
      "good service"
      0.5 4.0/5 "Great!"
      Service is very good from PNB for my home loan service . Even the representatives and customer service is very helpful and responsible ,overall I can say it was a very good service from PNB for my home loan service. No issue till now from PNB housing .
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 07, 2017
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