Catholic Syrian Bank Home Loan Interest Rate:

Catholic Syrian Bank home loan rates depend on the amount of loan that is taken.

For home loans up to 30 Lacs the Catholic Syrian Bank home loan interest rate is 10%. The Catholic Syrian Bank home loan rate for processing is 0.50% of the loan amount.

For home loans above 30Lacs the Catholic Syrian Bank home loan interest rate is 11%. Catholic Syrian Bank home loan rate for additional service charges is Rs. 100 per lac

Catholic Syrian Bank home loan interest rate Keeps changing. Hence, in order to get the current Catholic Syrian Bank home loan interest rate one can get it from one of the bank branches. The Catholic Syrian Bank home loan rates are also updated on the bank website.

Catholic Syrian Bank Home Loan Eligibility:

• Catholic Syrian Bank Home Loan Eligibility Criteria For Salaried People:

As per the Catholic Syrian Bank home loan review a salaried individual has to be within the age limit of 65 years for repayment. A Catholic Syrian Bank home loan criterion requires the individual to submit a salary certificate. Catholic Syrian Bank home loan eligibility even includes NRI’s. For Catholic Syrian Bank home loan eligibility a person needs to submit irrevocable authorization for recovery of installment attested by employer.

• Catholic Syrian Bank Home Loan Eligibility Criteria For Self Employed:

Catholic Syrian Bank home loan review shows that a self employed person should be within the age limit of 65 years. For Catholic Syrian Bank home loan an individual will have to provide IT assessment order.

Catholic Syrian Bank Home Loan Documents:

Catholic Syrian Bank home loan review shows that an applicant needs submit

An approved copy plan

Estimate of the building along with

Filled application form

2 photographs

Catholic Syrian Bank home loan for salaried

Salary slip for last three months

Form 16 of two years

Catholic Syrian Bank home loan for self employed

Proof of commencement of business

IT return for last 3 years.

Procedure and options to apply for the loan: The customer can go ahead and apply for the loan at any of the bank branches or can download the form from the website of the bank.

Maximum tenor of the loan: The customer will have the maximum tenure of 20 years.

What would be the repayment options/facilities? The customer can pay back his loan in equated monthly installments.

Pre closure process: In case a customer of Catholic Syrian Bank Home Loan the customer wishes to close his loan before the agreed period or term is termed as pre closure. There is 2% charged for a pre closure.

Tax benefits: One can get tax benefits on the principal and the interest paid according to the Income Tax Act 1961 which varies yearly according to the changes made by the Government.