55 Lakh DCB Bank Home Loan

Are you dreaming of owning your own home but worried about the finances? DCB Bank makes it easier with its ₹55 lakh home loan option. You can buy a new house, build your dream home, or purchase land and start construction with this loan. DCB Bank lets you borrow up to 90% of your property’s value, with interest rates starting as low as 9.75% annually and a maximum tenure of 20 years, making it more convenient. The best part? You can choose from fixed or floating interest rates to fit your budget. With DCB Bank, turning your dream home into reality is now simple and stress-free! Get started today and take the first step.

55 Lakh DCB Bank Home Loan – Highlights

Ready to make your dream home a reality without delay? Take a look at the standout features of the ₹55 lakh home loan from DCB Bank:

DCB Bank 55 Lakh Home Loan Interest Rates

The interest rates for DCB Bank’s home loans vary according to the amount you borrow. The table below shows the rates applicable for each loan bracket:

5 Years EMI – 55 Lakh DCB Bank Home Loan

Assuming an interest rate of 9.95% per annum on a 55 lakh DCB Bank for a tenure of 5 years, the EMI will be as follows:

10 Years EMI – 55 Lakh DCB Bank Home Loan

At an annual interest rate of 9.95% for a ₹55 lakh loan from DCB Bank over 10 years, your EMI would be calculated as:

15 Years EMI – 55 Lakh DCB Bank Home Loan

If you take a ₹55 lakh home loan from DCB Bank at 9.95% interest per year for 15 years, your EMI will be:

20 Years EMI – 55 Lakh DCB Bank Home Loan

If you take a 20-year home loan of ₹55 lakh from DCB Bank at an interest rate of 9.95% per year, the EMI will be:

Fees & Charges – 55 Lakh DCB Bank Home Loan

Make sure you study the fees and charges that will be incurred on your 55 lakh DCB Bank home loan:

Documentation for a 55 Lakh DCB Bank Home Loan

The documents required while availing of the 55 lakh DCB Bank home loan are as follows:

• Submit a filled and signed DCB Bank loan application form.
• Provide recent passport-size photographs.
• Include one form of identity proof such as Aadhar, Passport, or PAN Card.
• Attach proof of your current address.
• Provide any valid document showing your age.
• For salaried applicants, include the latest 6 months’ bank statements.
• For self-employed applicants, provide a 1-year bank statement.
• Salaried applicants should also attach the last 3 months’ salary slips and Form 16 for the past two years.
• Self-employed individuals need to submit Income Tax Returns (ITRs) for the last three years, GST returns, and business proof, such as a trade license.
• Include all property-related documents.
• Provide details of any existing loans you may have.
• Attach a cheque for the processing fee.
• If applying for a business loan, include partnership deeds or company registration certificates.

Eligibility Criteria – 55 Lakh DCB Bank Home Loan

Check the eligibility criteria before applying for the ₹55 lakh housing loan from DCB Bank: