Home Loan in Salem - SBI, HDFC, PNB, Citi, ICICI Bank, All Banks

Home Loan Interest Rates in Salem, Lowest EMI Per Lakhs

Last Updated 07th Dec 2016
Bank Lowest Interest Rate (%) Tenure in Years Lowest EMI Per Lakhs
SBI 9.10% Floating 30 years Rs. 812
ICICI Bank 9.15% Floating 30 years Rs. 815
Axis Bank 9.10% Floating 30 years Rs. 812
HDFC 9.15% Floating 30 years Rs. 815
IDBI Bank 9.30% Floating 30 years Rs. 826
Citibank 9.30% Floating 25 years Rs. 860
DBS Bank 9.20% Floating 20 years Rs. 913
PNB Housing Finance 9.30% Floating 30 years Rs. 826
Indiabulls 9.15% Floating 30 years Rs. 815
DHFL 9.55% Floating 30 years Rs. 845
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 Salaried   Self Employed - Professional   Self Employed - Business 





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Home Loan Salem

  • Home loan options @ 9.10% - 9.2% from Citi, HDFC, ICICI, SBI, IDBI, PNB, Axis, others
  • Lowest interest rates, processing fees on new home loan and home loan takeover
  • Flexi saver home credit facility available – pay interest on net difference on your loan outstanding and bank balance

Salem Home Loan Eligibility

Salaried Self Employed
Who is Eligible People in permanent service in public or private sector. Self employed Business - men, doctors, engineers, dentists, architects, CA, CS, consultants, lawyers
Loan Amount Determined by income, current debt, age, retirement age, number of co-borrowers, maximum loan to value, etc. Determined by income, current debt, age, retirement age, number of co-borrowers, maximum loan to value, etc.
Borrower Age at Time of Sanction Between 21 and 60 (or age of requirement, if lower) Between 21 and 65
Borrower Age at Time of Maturity Upto 60 (or age of requirement, if lower) Upto 65
CIBIL Score, Credit History Typically, a clean CIBIL record with a score above 700 is desirable Typically, a clean CIBIL record with a score above 700 is desirable
Minimum Income Some banks specify minimum income to be eligible for loans Some banks specify minimum income to be eligible for loans
Employment Track Record Typical requirement of at least 2 years in permanent employment and at least 1 year in current organization, but this varies on a case to case and bank to bank basis. Register your query with MyLoanCare to check this in your case. At least 2 years in the same profession with ITR filed
Balance Transfer Minimum 12-18 months’ track record of regular repayment of existing loan Minimum 12-18 months’ track record of regular repayment of existing loan

Home Loan Branches in Salem

Bank Branch
Allahabad Bank KANNANDERI | MAGUDANCHAVADI
Andhra Bank CHINNA TIRUPATHI | FIVE ROADSSALEM | KEERIPATTI | KUPPANOOR | SALEM
Axis Bank AYOTHIAPATTINAM | BELUR BAZAR | BHAVANI MAIN ROAD | CHERRY ROAD | CUDDALORE MAIN ROAD | EDANGANA SALAI | EDAPPADI | GUGAI | MECHERI | OMALUR
Bank of Baroda ATTUR | SALEM | SALEM CITY
Bank of Maharashtra SALEM
Canara Bank ACCOUNTS SECTION SALEM | AMMAPET SALEM | ATTUR SALEM | AYOTHIAPATTINAM | CIRCLE OFFICE SALEM | ELAMPILLAI | ERUMAPALAYAM | GORIMEDU SALEM | GUGAI SALEM | HASTHAMPATTY
Corporation Bank KUDAMALAI | NADUVANERI | POOSARIPATTI | SALEM SHEVAPET | SALEM TOWN | SEMMANDAPATTI | THANDAVARAYAPURAM | V KOOTTU ROAD MELNARIAPP | VEMBADITHALAM
Dena Bank SALEM
Federal Bank IVELI | KONGANAPURAM | MECHERI | NILAVARAPATTI | PATLUR | SALEM | SALEM EXTENSION | TIRUMALAIGIRI
HDFC Bank BRINDHAVAN ROAD | CAR STREET | GUGAI | Kamrajanar Road | Pudhusampalli | SALEM | SALEM MAIN ROAD | Shevapet | THICHENGODU MAIN ROAD
ICICI Bank AGRAHARAM STREET | ATTUR | BAZAAR STREET | GUGAI | HARUR | NAMAKKAL | NEW IDAPADI ROAD | POOLAMPATTI | SALEM | SQUARE MARKET
IDBI Bank ATTUR | SALEM
Indian Bank ALAGASAMUDRAM | ATTUR | AYODHYAPATNAM | FAIRLANDS MAIN ROAD | GANGAVALLI | GUGAI | IDAPPADI | JARIKONDALAMPATTI | KARUMANDURAI | KOLATHUR SALEM
Indian Overseas Bank ARAGALUR | CHINNA GOUNDAPURAM | FAIRLANDS | ILAMPILLAI | JAGIR AMMAPALAYAM | KADAYAMPATTI | KANJAMALAI | KARUVALLI | LEIGH BAZAR | MECHERI
IndusInd Bank Omalur | Salem | Sankari
Karur Vysya Bank ALAGAPURAM | AYOTHIAPATTINAM | DEVIYAKURICHI | DHARMAPURI MAIN ROAD | GUGAI | IDAPPADI ROAD | METTUR DAM | RANIPET MAIN ROAD | SALEM CAR STREET | SALEM CCO
PNB KATTUKOTTAI | SALEM MAIN | SANKARI | SHEVAPET SALEM
SBI AMMAPETTAI SALEM | ATTAYAMPATTI | ATTUR | BELUR | CAC SALEM | COLLECTORATESALEM | COMMERCIALSALEM | DADAGAPATTI | DOCUMENT ARCHIVAL CENTRE DAC SALEM | GAJALNAICKENPATTI SALEM
Syndicate Bank ANNADANAPATTI | FAIRLAND SALEM | GANGAVALLI | KAVERIPURAM | KONDAPPANAICKANPATTY | SALEM GUGAI | SALEM JOHNSONPET | SALEM MUNICIPAL CORPORATION | SALEM SHEVAPET MAIN | SALEM TOWN
Union Bank of India ATTUR | EDAPPADI | FIVE ROADS JUNCTION SALEM | HASTHAMPATTI SALEM | PERUNDURAI | R O SALEM | SALEM | SEELANAICKENPATTI | VAZHAPADI
Vijaya Bank KOLNAICKANPATTI SALEM | P N PATTI | SALEM
Yes Bank SALEM

Home Loan Customer Care in Salem, Email

Bank Customer Care Number
HDFC Bank 984-067-3333, loansupport@hdfcbank.com
Citibank 044-28522484
Kotak Bank 044-66006022
ICICI Bank 0730-566-7777
SBI 979-191-2211
IndusInd Bank 1860-500-5004/ 022-44066666, reachus@indusind.com
PNB Housing Finance 1800-120-8800, loans@pnbhousing.com
Yes Bank 1800-2000, yestouch@yesbank.in
Indiabulls 044-30063812, homeloans@indiabulls.com
Allahabad Bank 044-28156607, customercare@allahabadbank.in
HDFC 0422-4301100
Indian Bank 044-24413430
Standard Chartered Bank 044-66014444/ 044-39404444, customer.care@sc.com
Axis Bank 044-28123888
United Bank of India 1800-345-0345
Andhra Bank 044-24994924, customerser@andhrabank.co.in
Union Bank of India 1800-208-2244, customercare@unionbankofindia.com
PNB 011-23318130, rad@pnb.co.in
Central Bank of India 1800-200-1911
Bank of India 1800-103-1906/ 022-40919191, ho.customerservice@bankofindia.co.in
Canara Bank 0427-2330811
Capital First 1860-500-9900, customer.care@capitalfirst.com
Catholic Syrian Bank 1800-266-9090/ 0487-2333020
Bank of Baroda 0422-2303735
Federal Bank 1800-425-1199
Dena Bank 1800-233-6427
IDBI Bank 044 4303 6648
Jammu And Kashmir Bank 1800-220-600
Karnataka Bank 0824-2228154
Karur Vysya Bank 0427-2440075
State Bank of Mysore 044-24911176
Vijaya Bank 1800-425-4066
Indian Overseas Bank 1800-425-4445, 044-2851-9490, mdd@iobnet.co.in
HSBC Bank 1800-103-4722
Bank of Maharashtra 1800-345-4566
Dhan Laxmi Bank 1800-425-1747, customercare@dhanbank.co.in
City Union Bank 7299075082, callcenter@cityunionbank.com
DHFL 1800-3000-1919
Punjab and Sind Bank 1800-221-908
South Indian Bank 044
Syndicate Bank 1800-425-0585
State Bank of Patiala 1800-180-2010
Corporation Bank 1800-425-2407, horls@corpbank.co.in
DBS Bank 1800-209-4555
Deutsche Bank 044-7130-9696, customer.care@db.com
Development Credit Bank 1800-209-5363, customercare@dcbbank.com
Lakshmi Vilas Bank 1800-425-2233
OBC 044 - 28498899
Ratnakar Bank 1800-123-8040, customercare@rblbank.com.
State Bank of Travancore 1800-425-7733
UCO Bank 1800-103-0123, customercare.calcutta@ucobank.co.in
Tamilnad Mercantile Bank 044-42031543
LIC Housing Finance 1800-440-005, lichousing@lichousing.com
GIC Housing Finance 1800-103-0000
Edelweiss 1800-102-3335, homeedelweissfin.com
Reliance Capital 1800-210-3030
Fullerton India 1800-103-6001
Raas Housing Finance 1800-11-5050, contact@raashfc.com
Tata Capital 1800-209-6060, customercare@tatacapital.com
IIFL 1800-3000-1155
Bajaj Finserv 1800-103-3535
Magma Finance 1800-3002-3202, customercare@magma.co.in
Bandhan Bank 1800-258-8181, loans@bandhanbank.com
Au Financiers 900-111-1333/900-111-1385
Janalakshmi Bank 1800-419-5262
India Shelters 1800-532-4444
Ujjivan 1800-3010-2121
Equitas Housing Finance 1800-3000-3030, hfcomplaints@equitas.in
Muthoot 1800-102-1616
Manappuram
IDFC Bank 1800-419-4332, banker@idfcbank.com
Home Loan News - Dec 2016
06th Dec 16 Home loan securitization market to remain robust despite demonetization
CRISIL, a leading credit rating agency, has kept a positive outlook on home loan securitization in the post demonetisation market scenario. Mortgage backed securities with their long tenures and low delinquency rates are expected to continue attracting long term investors. Volumes in mortgage backed securities have already touched Rs. 19,000 crore in first half of 2016-17, significantly higher than the annual volumes of Rs. 15,000 crore registered in 2014-15.
06th Dec 16 JM Financial Products completes stake buy in India Home Loan
JM Financial Products, a subsidiary of JM Financial Limited, has completed an acquisition of 24.5 percent stake in India Home Loan Limited. The company has acquired 1,500,000 shares through preferential allotment route. India Home Loan provides home loan to individuals and families in the affordable housing segment.
05th Dec 16 IDFC Bank reduces its home loan rates by 10 basis points
IDFC Bank has reduced its simple home loan rate by 10 bps to 9.15 percent from 9.25 percent earlier. Revised short and sweet home loan rate has been reduced to 9.30 percent from 9.40 percent earlier. Home loan rate of IDFC Bank depends on six month MCLR rate which currently stands at 9 percent. The rates are effective from 1st December, 2016.
01st Dec 16 Government plans to launch a home loan scheme for first time borrowers in the upcoming Union Budget 2017
Government and RBI are working jointly to launch a new home loan scheme for first time borrowers. Under the proposed scheme, first time borrowers availing home loan of up to Rs 50 lacs might be able to avail home loan at low interest rates in the range of 6 to 7 percent. The scheme is proposed to be announced in the upcoming Union Budget 2017 scheduled on 1st February, 2017.
27th Nov 16 Demonetisation raises hope of cheaper home loans
Even as the secondary market for houses and developer-built small properties has come to a standstill, banks expect stability to be restored in the property market once home loan interest rates get reduced. Demonetisation is expected to bring in more deposits to banks and give them flexibility in reducing interest rates on various loan products.
*My Finance Care Advisors Pvt. Ltd., or https://www.myloancare.in is a bank neutral multi bank platform that helps borrowers and bank customers compare loans and deposits of all banks in India at one place. Information carried at this website is based on perusal of public sources and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not assure as to the correctness of information carried at the website. Lenders/ banks/ other parties may contact us at info@myloancare.in to provide corrections or updates. We may act as and/ or be associated with channel partners of banks and other sellers of financial products.