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Central Bank of India Home Loan Apply in Ahmedabad

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Adiyogi Enterprises proudly partners with Central Bank of India (CBI) to offer you exceptional home loan services. Benefit from competitive interest rates starting at just 8.40% per annum, with flexible tenures extending up to 30 years and loan amounts reaching up to Rs 20 Crores. Switch your existing home loan from other banks and housing finance companies to Central Bank of India through our balance transfer facility, and enjoy lower interest rates. Additionally, take advantage of pre-approved home loans with in-principle approval, valid for 4 months even before you finalize your property.

Central Bank of India Home Loan @8.40% Interest Rate

Interest Rate starting from 8.40%
Loan Amount Up to Rs 20 Crore
Loan Tenure Up to 30 years
Processing Charges 0.25%-0.50% of loan amount (Rs 8,500-Rs 25,000)

Central Bank of India (CBI) Home Loan Eligibility

Age

  • You must be above 21 years of age at the time of the commencing of your loan, and up to 65 years or less at loan maturity
  • Salaried Person - 21 years to 58 years
  • Self-Employed Person - 25 years to 65 years

Income

  • Salaried Person - Minimum Rs. 10,000 per month
  • Self-Employed Person - Minimum Rs. 2,00,000 per year

Employment

  • Salaried Person - Minimum 2 to 3 years of Experience in MNC, or a Private or Public Limited Company
  • Self-Employed Person - Minimum 3 years of Experience in the current field

Credit Score

  • A credit score of 750 is considered a good score for approval.

CBI Home Loan EMI Calculator

8.40

Loan Amount

Tenure

Annual Interest

Principal Interest Total Payable

Apply for Central Bank of India Home Loan

FAQ

Frequently Asked Questions

  • 1. What types of home loans does Central Bank of India offer?

    Central Bank of India offers a range of home loans, including loans for purchasing new homes, constructing houses, renovating existing properties, and transferring existing home loans from other banks.

  • 2. What is the eligibility criteria for a home loan from Central Bank of India?

    Eligibility for a home loan from Central Bank of India includes factors like age (typically 21-60 years), stable income, good credit score, and employment status. Both salaried and self-employed individuals can apply.

  • 3. What documents are required for applying for a Central Bank of India home loan?

    The documents needed include a completed loan application form, identity proof, address proof, latest salary slips or IT returns, bank statements, property documents, and any other documents requested by the bank.

  • 4. What is the interest rate for home loans at Central Bank of India?

    Central Bank of India offers competitive interest rates that can be fixed or floating. The interest rate varies based on the loan amount, tenure, and the borrower's creditworthiness.

  • 5. How can I check my home loan application status?

    You can check your home loan application status through Central Bank of India's online banking portal, by calling their customer service, or by visiting the branch where you applied.