www.obcindia.co.in Apply Online Housing Loan : Oriental Bank of Commerce

[ijt.dolora@gmail.com]

Name of the Organaisation : Oriental bank of Commerce(obcindia.co.in)
Type of Facility : Apply online Housing Loan
Home Page : https://www.obcindia.co.in/

To view all the posts related to<obcindia.co.in>

Purpose :
** Purchase of land and construction of a house thereon.
** Construction of house, where in the plot/land already owned by the applicant.
** To buy built up (new or second hand) / semi built up house or flat.
** To Extend/improve/repair, the existing house or flat.
** To buy a flat under construction or proposed to be constructed
** For Home furnishing, furniture / fixtures embedded to structure or otherwise..

Eligibility Criteria :
Individuals or group of specified individuals (co-borrowers) including HUF having an assured source of regular income viz. salaried / self-employed persons, professionals, businessmen, farmers etc.(including Staff & NRIs )

Maximum Loan limit :
For Business man-40 times Gross monthly Income and for salaried person -60 times Gross monthly Income with a condition that the net take income(gross Annual income minus all existing deductions, IT deduction & Proposed loan instalment)is in 20-40% slab as per Gross Annual income with details as under
** Upto Rs. 10 Lacs - 40%
** Above Rs.15 Lacs to Rs. 25 Lacs- 25%

Minimum age and Maximum age :
** 18 years as on date of application
** Upto 60 years of age or age of superannuation, whichever is earlier, however in case of availability of joint/co borrower and one borrower is having comparatively younger age in consonance with repayment period, then it can be considered upto 65 years of age for elder co borrower and 60 years of age for younger co borrower

Primary/Collateral Security :
** Primary--Equitable/ Registered Mortgage of financed property/property proposed to be furnished
** Collateral--Nil

Apply online here : https://www.obcindia.co.in/obcnew/si...sing_Loan.aspx

More details about housing loan get here : https://www.obcindia.co.in/obcnew/si...=3&menu_id=159

[Unregistered]

How can I get the Housing loan application status online?

Enter your Loan reference number in the link given to track the application status.

Get Status Here