Home Loans in Rohtak - SBI, HDFC, PNB, Citi, ICICI Bank, All Banks

In Rohtak, various Banks and NBFCs provide home loans at comparative interest rates. However, a home loan is a broader category that can further be distinguished into types of home loans, based on the purpose for which it is bought. These are listed as follows:

In order to avail of a home loan in Rohtak, loan applicants need to fulfill the documentation requirements. List of documents to avail a home loan are listed as follows:

• Identity Proofs: Identity proof is required to ensure a person's identity. These include aadhar card, voter id card, PAN card, or Government-issued id cards.
• Address Proofs: An address proof is mandated to avail of a home loan in order to ensure the residential details of the applicant. These include passport, driving license, utility bills like water, electricity, or gas.
• Income Proofs: Income proofs are required to ensure the repayment capability of the loan borrower. These include documents like Form 16, salary slips, ITR documents, and bank statements.
• Age Proofs: Age proof is submitted through documents like birth certificate, voter id card, driving license, school and college certificates, and mark sheets.
• Proof of Business Existence: It is required in the case of self-employed people. Proof of business existence includes trade license, copy of partnership deeds, and registration certificates. Also, certificate of practice and degree if the applicant is a self-employed professional.
• Property Documents: This includes documents like allotment letter, possession letter, and certificate of approved plans for construction and extension, conveyance deeds, and sale-purchase agreements.

• SBI Home Loan- The State Bank of India is one of the leading public sector banks in the country. It has many branches in Rohtak. The bank offers various home loan products such as SBI flexipay home loan, Privilege home loan, Realty home loans, among others. Home loan rates by SBI start from 6.70%. SBI offers special discounts on home loan rates for women borrowers.
• HDFC Home Loan- HDFC home loan is another popular home loan lender in Rohtak. It offers various home loan products like HDFC TruFixed home loan, HDFC Reach home loan, etc. The interest rates on HDFC home loans in Rohtak begin from 6.75%.
• ICICI Home Loan- ICICI Bank is the second-largest bank in the country. It offers home loans at affordable interest rates that are designed to fulfill the house needs of both salaried and self-employed people. Popular ICICI Bank home loan products in Rohtak include ICICI repo rate home loan, Express home loan, ICICI Home Improvement loans, among others. Interest rates on ICICI home loans in Rohtak starts from 6.75%.
• Axis Bank Home Loan- Axis Bank is one of the most popular private-sector lenders in the country. The bank provides excellence in all banking services and loan products like home loans. Popular home loan products offered in Rohtak are Axis Bank repo rate home loan, Empower home loan, and Happy Ending home loans, amongst others. Axis bank home loan interest rates in Rohtak start from 6.70%.

✅What is the lowest interest rate on a home loan in Rohtak?

The interest rates on home loan vary from bank to bank. The lowest rate of interest rate on housing loan in Rohtak is 6.65%.

✅How long does it take to get a housing loan in Rohtak?

Home loan disbursement to your account usually takes 15-30 days. However, if you have not finalized any property or any of the document is incomplete then it may even take more time to get home loan in Rohtak.

✅What is the minimum income requirement to get home loan in Rohtak?

The income criteria to get home loan varies from bank to bank. However, the minimum income to apply for a home loan in Rohtak is ₹ 25,000.