Processing Fee

10,000₹*

Max Tenure

5 yrs

Best Rate

7.35%

View Details

Features

  • * Upto 30 years Loan Tenure
  • * No Prepayment or Foreclosure charges
  • * Funding up to 90%* of the property cost
  • * Customized eligibility programs
  • * Accessible network & decades of experience

Pricing

  • Interest rate – 7.35%
  • Processing Fees – 0.25% of loan amount or Rs. 10,000/- (salaried), 0.5% of loan amount or Rs. 10,000/- (self-employed)

Documents Required

  • Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority)
  • Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority)
  • Education Qualifications – Latest Degree
  • Latest Salary-slips for 3 months or 3 years Income Tax returns for Self Employed
  • Bank Account statement for last 6 months (Salary Account) or 12 months for Self Employed

Processing Fee

0%*

Max Tenure

30 yrs

Best Rate

6.90%

View Details

Features

  • Best ROI in the industry
  • For women beneficiaries 0.05% less than normal rate
  • Speedy Sanction
  • No prepayment charges
  • No hidden charges
  • Interest calculated on daily reducing balance
  • Longer Repayment tenor

Pricing

  • Interest Rate: 6.90% to 8.90%
  • Processing Fee: 0

Documents Required

  • ID proof(PAN card, Pass port/Voter Id/Employer ID/Driving Licence/ Aadhaar Card/MNREGA No) with 2 PP photos
  • Residence proof: Latest Tel bill, Bank Statement / Elec bill / Ration Card / letter from employer)
  • Certificate from employer confirming confirmation of continuous service - For Salaried Only
  • A brief note on nature of business / activity / business licence in case of self-employed
  • Form 16 for last 3 years
  • Bank Statement / Pass book of salary or Business A/c for last 6 months
  • Balance sheet and P&L Account for last 3 years - For Self Employed
  • Salary Slip for last six months - for Salaried
  • Income Tax returns with taxpaid challans for last 3 years - For Self Employed

Processing Fee

3-5%

Max Tenure

15 yrs

Best Rate

12%

View Details

Features

  • Loan on Cash income
  • Past Bureau issues also considered.
  • Funding on gram panchayat , B khata , Properties under municipal limits also funded.
  • Loan starts at 5 lacs.

Pricing

  • Interest Rate: 12 % to 18%
  • Processing Fee: 3 - 5%

Documents Required

  • Identity proof such as Pan Card, Voters ID Card, Passport.
  • Address proof such as electricity bill, ration card.
  • Income proof documents, if available.
  • Bank pass book or Bank Statements.
  • Property documents, if property identified.

Axis Bank Home Loan

4

Processing Fee

Rs. 10,000/-*

Max Tenure

30 yrs

Best Rate

8.65%

Bajaj Finance Home Loan

4

Processing Fee

0.25%

Max Tenure

NA

Best Rate

8.33%

Cholamandalam Home Loan

4

Processing Fee

2%

Max Tenure

15 yrs

Best Rate

15%

ICICI Bank Home Loan

4

Processing Fee

NIL

Max Tenure

30 yrs

Best Rate

9.65%

Sundaram Home Finance Limited

4

Processing Fee

Nil

Max Tenure

20 yrs

Best Rate

9.1%

Tata Capital Home Loan

4

Processing Fee

0.25%*

Max Tenure

25 yrs

Best Rate

8.70%*

DHFL Home Loan

4

Processing Fee

Rs.5000/-*

Max Tenure

30 yrs

Best Rate

8.70%

SHUBHAM Home Loan

4

Processing Fee

Rs.9500/-*

Max Tenure

15 yrs

Best Rate

12%

Magma Fincorp Home Loan

4

Processing Fee

1%*

Max Tenure

20 yrs

Best Rate

12%

Edelweiss Home Loan

4

Processing Fee

1.50%

Max Tenure

60 months

Best Rate

10.75%

L&T Finance Home Loan

4

Processing Fee

0.25%*

Max Tenure

20 yrs

Best Rate

9.75%

India Bulls Home Loan

4

Processing Fee

Rs. 10,000/-*

Max Tenure

30 yrs

Best Rate

8.40%

Home First Finance Company Home Loan

4

Processing Fee

1.5%

Max Tenure

20 yrs

Best Rate

10.50%

IDFC Home Loan

4

Processing Fee

NIL

Max Tenure

25 yrs

Best Rate

8.70%

LIC Housing Finance Home Loan

4

Processing Fee

Rs.2500/-*

Max Tenure

25 yrs

Best Rate

8.70%

SBI Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.30%

PNB Home Loan

4

Processing Fee

10,000₹*

Max Tenure

nil*

Best Rate

8.50%

Standard Chartered Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.55%

Citibank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.55%

HDFC Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.30%

Kotak Mahindra Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.35%

HSBC Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.30%

Bank of Baroda Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.30%

Central Bank of India Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

9.7%

Dena Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.25%

Corporation Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.25%

UCO Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.45%

Union Bank of India Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.30%

Bank of India Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.65%

RBL Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.30%

Allahabad Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.50%

IDBI Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.35%

Bank of Maharashtra Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

nil*

Andhra Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10..0%

YES Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

9.35%

Syndicate Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.60%

Vijaya Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.65%

Indian Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.60%

Federal Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

9%

Capital First Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

9.00%

Oriental Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

9.70%

Aditya Birla Finance Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.55%

Indian Overseas Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

8.55%

Karur Vysya Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

9.00%

South Indian Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

9.10%

Tamilnad Mercantile Bank Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.10%

HDFC Bank Home Loan

4

Processing Fee

1.50%

Max Tenure

30 yrs

Best Rate

9.1%

PIRAMAL Home Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

Bank of Baroda Home Loan

4

Processing Fee

nil*

Max Tenure

NA

Best Rate

Sorry! We couldn't find any offer matching this category.

How to Get a Home Loans in Jamshedpur

A home is an important investment option for everyone. However, not everyone can afford a home of their choice, as it is an expensive investment option. To help individuals meet their home loan requirements, various lenders have brought in different home loan options at affordable rates of interest and other terms.

Top Home Loan Providers in Jamshedpur

  • ICICI Bank
  • HDFC Bank
  • SBI
  • LIC Housing
  • Bank of Baroda
  • Canara Bank
  • Citibank
  • Axis Bank
  • Kotak Mahindra Bank
  • Aditya Birla Housing Finance Ltd.
  • India Bulls Home Loan

Also Read: Benefits of Home Loan Calculators

Eligibility Criteria for Home Loan Applicants in Jamshedpur

The common eligibility criteria for home loan borrowers in Jamshedpur are shown below, The parameters could vary from lender to lender, so the borrower should get the same confirmation from the respective lender, through whom they wish to borrow the loan.

ParticularsBorrower Eligibility

Nationality

Resident Indian

Age of applicant (years)

18 – 75 years

Employment

Self-employed or salaried individual

Address Proof

Documents include Voter ID, Passport, PAN card, Aadhar Card 

Identity Proof

Documents include Voter ID, PAN card, Passport, Aadhar Card, etc.

Minimum salary/income

  • Salary individual should earn at least Rs.10,000 per month
  • Self-employed should earn an income of at least Rs.1.8 lakhs p.a.

Credit Score

A Credit Score of 750 and above is mostly preferred

Documents

Salaried Individual

  • Salary slips for the last 3 months 
  • Bank statements for last 6 months 
  • Latest Form 16 and IT returns

Self-employed Individual

  • Income tax returns of the last 3 years
  • Profit & Loss statement and Balance Sheet for the previous 3 years
  • Bank statements of up to 12 months prior

Also Read: How to calculate Home Loan Eligibility?

Top Real Estate Builders and Developers in Jamshedpur

  • Ashiana Housing
  • Vijaya Homes
  • Vasundhara Homes
  • Srinath Homes
  • Adarshila Homes
  • CSN Developers
  • Pato Builders
  • Mangalam Jeeval Construction
  • Samay Construction
  • Lakshya Builders

Overview of Home Loans in Jamshedpur

Jamshedpur is the largest city of Jharkhand State. Called the industrial city of India, the city is famous as the “The Steel City” of India. Named after the famous industrialist Jamshedji Tata, the city is also called Tata Nagar. The city is home to industrial giants like Tata Steel and Tata Motors.  This huge industrial activity in the city has seen an influx of migrants from various parts of India to Jamshedpur. This has led to an increasing need for people to own a home.

Key home loan providers in the city have come up with various home loan options at attractive terms. Home loans in Jamshedpur are provided at a rate of interest between 6.85% - 11.50% p.a. depending on the lender and profile of the borrower. Processing fees are charged up to 0.50% of the loan amount provided. Home loan repayment tenures for eligible individuals can go up to 30 years with the maximum amount of loan that can be availed up to Rs.30 lakh or at times without any upper limit depending on the borrower’s profile.

Also Read: Key considerations while applying for a Home Loan

Importance of a Good Credit Score for Availing Home Loans

The credit score is a key indicator of a borrower’s creditworthiness with respect to their debt repayments. A good credit score indicates responsible spending and timely repayments of loans on the part of the borrower, assuring a lender about the financial discipline of the borrower for repaying loans.

Having a good credit score has many benefits for a borrower. They get access to loans in a quick and hassle-free manner. Loans are also available at better terms like higher loan amounts, longer tenure and low rates of interest.

Conclusion

Jamshedpur is a city bustling with industrial activity. As such, the city is home to people who have come here from various parts of India. This has led to rising demand for home and home loans in the city.

FAQs – Home Loans in Jamshedpur

1. Can I apply for home loans through online mode in Jamshedpur?

Yes, you can apply for a home loan through online mode in Jamshedpur. Many home loans providers have upgraded technology and made their websites user-friendly, making it easier for home loan borrowers to apply even through online mode.

2. Is it important to be eligible before applying for a home loan?

Yes, before applying for a home loan, one should always check whether they are eligible to apply. This would save the borrower’s time and not create any sort of confusion in checking out other alternatives.

3. Does a good credit score count as important for availing of a home loan?

Yes, most lenders look at good credit as a key eligibility criterion for availing of a home loan.

4. Do I need to have a stable job or stable income to avail of a home loan?

A borrower’s repayment capability is very important for a lender before they grant a home loan. A stable job or stable income assures the lender of the borrower’s capability to repay home loans on time, thus increasing their chances of availing of a home loan.

5. Do I need to submit mandatory KYC documents for availing of a home loan?

Yes, you need to submit the mandatory KYC documents like address proof, ID proof, income tax returns, salary slips (for salaried individuals), and so on. The list of documents could vary from lender to lender, so the borrower needs to verify with the respective lender before submitting the documents.

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