50 Lakh DCB Bank Home Loan

Whether you want to purchase a new home, buy land and build, or renovate your property, the DCB Bank 50 lakh home loan can make it easier. You can borrow up to 90% of the property's market value. DCB Bank provides fixed and floating interest rates, so you can choose what works best for you. With interest rates starting at 9.75% annually, the EMIs can be very budget-friendly. DCB Bank also offers a balance transfer facility if you want to move your existing home loan. Additionally, you can get insurance to cover your loan in an unexpected event of illness. Check how the DCB Bank 50 lakh housing loan can be an ideal option for you.

Key Highlights – 50 Lakh DCB Bank Home Loan

Read through the table below to understand the key highlights of a 50 lakh DCB bank home loan:

DCB Bank Home Loan Interest Rates

DCB Bank interest rates vary depending on the loan amount. The table below highlights the applicable interest rate based on the loan amount.

50 Lakh DCB Bank Home Loan – 5 Years EMI

The table below details the applicable EMI on a 50 lakh DCB Bank home loan availed at an annual interest rate of 10.45% for 5 years:

50 Lakh DCB Bank Home Loan – 10 Years EMI

Read below to understand the EMI on a 50 lakh DCB Bank home loan for 10 years:

50 Lakh DCB Bank Home Loan – 15 Years EMI

Not sure about the EMI you’ll need to pay on a 50 lakh home loan from DCB Bank for 15 years? Check below:

50 Lakh DCB Bank Home Loan – 20 Years EMI

The table below suggests the EMI you will attract on a 50 lakh DCB Bank home loan for 20 years:

50 Lakh DCB Bank Home Loan – Fees & Charges

Before availing of the 50 lakh DCB Bank home loan, it’s imperative to understand the fees and charges associated with it:

Documents Required – 50 Lakh DCB Bank Home Loan

Before applying for a 50 lakh DCB Bank home loan, it’s crucial to have the following documents prepared:

General Documents

• Filled and signed application form by all applicants
• Latest passport-sized colour photo of all applicants, signed across
• Proof of Identity (any one): Aadhar, Passport, Driving License, Voter ID, PAN Card, NREGA Card, National Population Register letter
• Proof of Address (any one): Aadhar, Passport, Driving License, Voter ID, NREGA Card, National Population Register letter
• Age Proof (any one): Birth Certificate, LIC Policy, Government ID, School Leaving Certificate, PAN Card, Aadhar (with DOB), Passport
• Latest 6-month bank statement (for salaried individuals)
• Latest 1-year bank statement for all business accounts (for self-employed)
• Proof of Income: Last 3 salary slips (for salaried); Last 3 years ITR with financials (for self-employed)
• Proof of Turnover (if applicable): Latest 2 GST returns
• Proof of employment/business stability: Form 16, appointment letter (for salaried); Trade license, statutory licenses (for self-employed)
• Professional Qualification (for professionals): Copy of highest degree
• Statement or repayment track of all existing loan accounts
• Processing fee cheque

Additional Documents for Non-Individuals (Business Entities):

• Two documents for sole proprietorship are a registration certificate, GST certificate, utility bills, etc.
• Partnership firms: Partnership deed, registration certificate
• Companies: Certificate of incorporation, Memorandum of Association (MOA), Articles of Association (AOA), board resolution for authorised signatory
• Property documents: Copies of all documents for the property to be mortgaged, including previous chain agreements, if any.

50 Lakh DCB Bank Home Loan – Eligibility Criteria

Before applying, check whether you fit the eligibility criteria for a 50 lakh DCB Bank home loan: