Dhanalakshmi Bank Home Loan Interest Rate:

Dhanalakshmi Bank home loan rate can be variable or fixed.

 Dhanalakshmi Bank home loan interest rate are calculated on base and BPLR. Dhanalakshmi Bank home loan rate has been calculated on 8.25% p.a base rate.

Dhanalakshmi Bank home loan interest rate is effective from 1.1.2011. Dhanalakshmi Bank home loan rate will be applicable to all loan taken from 1.12011 onwards. 

Dhanalakshmi Bank home loan rate for fixed interest is based on BPLR. Dhanalakshmi Bank home loan rate, has been calculated on 17.25% p.a. BPLR.

Dhanalakshmi Bank home loan interest rate keep changing as per the RBI norms. Dhanalakshmi Bank home loan interest rate can be confirmed from any Danalakshmi Bank Branch.

Dhanalakshmi Bank Home Loan Eligibility:

Dhanalakshmi Bank Home Loan Eligibility Criteria For Salaried People:

As per the Dhanalakshmi Bank home loan review the person should have monthly income over Rs. 6,000. Dhanalakshmi Bank home loan applicant should have at least 1 year of service left. As per the Dhanalakshmi Bank home loan eligibility an applicant’s maximum age cannot exceed 60 years at the time of loan maturity.

Dhanalakshmi Bank Home Loan Eligibility Criteria For Self Employed:

Dhanalakshmi Bank home loan review shows the person should have annual income of over 1.2 Lakhs. Dhanalakshmi Bank home loan self employed applicant needs to show the latest IT return filed.  As per the Dhanalakshmi Bank home loan eligibility an applicant can include the income of his spouse.

Dhanalakshmi Bank Home Loan Documents:

Dhanalakshmi Bank home loan review shows that one has to submit

Dhanalakshmi Bank home loan Documents:

Dhanalakshmi Bank home loan review shows that one has to submit

Identity proof

 Income proof

Along  with filled application form

Two Photographs

Dhanalakshmi Bank Home Loan Documents For Self Employed

Income Tax return for last two years

Identity Proof

Residence Proof

Proof of existence of business

Dhanalakshmi Bank Home Loan Documents For Salaried

Form 16 for last two years

Bank Statement

Identity Proof

Residence Proof

identity proof and income proof along with other documents mentioned above.

Procedure And Options To Apply For The Loan:

The customer needs to submit duly filled form and attach related documents and submit it to the bank authorities for processing. The form is available at the branches or can be downloaded from the official website of the bank.

Maximum And Minimum Tenor Of The Loan:

According to the Dhanalakshmi Bank Home Loan the loan is provided for a maximum period of 20 years in case of payment in equated monthly installments.

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  Dhanalakshmi Bank home loan wishes to close his loan before the agreed period or term is termed as pre closure. In this case the bank charges or penalty can be found from the bank.

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.