60 Lakh DCB Bank Home Loan

Are you dreaming of a home with a backyard or a spacious apartment in a popular city? DCB Bank's ₹60 Lakh Home Loan is here to cooperate with your dreams. There are competitive DCB Bank’s home loan interest rates for ₹60 Lakhs, flexible repayment options, and an easy to meet eligibility criteria. DCB Bank is committed to helping you find the perfect home that suits your lifestyle and budget. Build our dream together with DCB Bank.

₹60 Lakh Home Loan DCB Bank – Highlights

Here are DCB Bank home loan interest rates for ₹60 Lakhs, along with highlights:

₹60 Lakh Home Loan EMI for 5 Years DCB Bank 

DCB Bank’s housing loan EMI for ₹60 Lakh is mentioned below in detail:

₹60 Lakh Home Loan EMI for 10 Years DCB Bank 

Here are the ₹60 Lakh home loan EMI for 10 years from the DCB Bank:

₹60 Lakh Home Loan EMI for 15 Years DCB Bank

For an amount of ₹60 Lakh, the EMI for 15 years is as follows:

₹60 Lakh Home Loan EMI for 20 Years DCB Bank

₹60 Lakhs home loan EMI for 20 years from the DCB Bank is as follows:

₹60 Lakh Home Loan EMI for 25 Years DCB Bank 

DCB Bank’s home loan of ₹60 Lakh EMI for 25 years is as follows:

₹60 Lakh DCB Bank Home Loan – Fees and Charges 

Here are the charges for ₹60 Lakh from the DCB Bank’s Home Loan:

• Processing Fee : Up to 2% of the loan amount, with a minimum of ₹5,000
• Annual Maintenance Charge : Up to 1% on the outstanding principal amount
• Prepayment Charges

• Penal Interest : 1% additional on the existing rate of interest in case of default
• Re-Pricing Charges : Up to 1% of the outstanding loan amount (minimum fee ₹5,000)

• Other Charges
• Penal Interest: 3% per month
• Cheque/ECS Swap Charge: ₹500 per event
• Property Document Retrieval Charge: ₹500 per event
• Cheque Bounce Charge: ₹750 per event
• Amortisation Schedule: ₹100 per schedule
• Statement of Account: ₹100 per statement
• Foreclosure Statement: ₹100 per statement
• Revalidation of ‘No Objection Certificate’: ₹100 per NOC
• Loan Agreement Copy: ₹500 per event

₹60 Lakh DCB Bank Home Loan – Documents Required

For Salaried Individuals

• Completed Application Form: Filled out and signed application form.
• Recent Photographs: Latest passport-sized coloured photos.
• Proof of Identity (choose one): Aadhaar Card, Passport, Voter ID, Driving Licence.
• Proof of Address (choose one): Aadhaar Card, Passport, Driving Licence or Voter ID.
• Age Verification (choose one): Birth Certificate, LIC Policy, Government ID Card, School Leaving Certificate, PAN Card or Passport.
• Bank Statements: The latest six months’ bank statements for the salary account.
• Proof of Income: Latest three salary slips or salary certificates.
• Form 16: For the last two years.
• Employment Proof: Appointment letter or other documents verifying current employment.
• Processing Fee: Cheque for the processing fee.

For Self-Employed/Professionals

• Completed Application Form: Fill out and sign the application form and Annexure R (if needed).
• Recent Photographs: Latest passport-sized coloured photos of the applicant and all co-applicants.
• Proof of Identity (choose one): Aadhaar Card, Passport, Driving Licence, Voter ID, NREGA Card or Letter from the National Population Register.
• Proof of Address (choose one): Aadhaar Card, Passport, Driving Licence, Voter ID, NREGA Card or Letter from the National Population Register
• Age Verification (choose one): Birth Certificate, LIC Policy, Government ID Card, School Leaving Certificate, PAN Card, Aadhaar Card (if DOB is available) or Passport.
• Bank Statements: Latest one-year bank statements for all business accounts and any accounts from which EMI payments are made.
• Income Tax Returns: These are the latest three years’ ITRs, including the computation of income and all supporting documents.
• GST Returns: The latest two GST returns, if applicable.
• Proof of Business Continuity/Stability: Business registration documents, income tax returns, and other relevant documents.
• Processing Fee: Cheque for the processing fee.

Additional Documents for Non-Individuals

• Sole Proprietary Firms: Registration Certificate, Certificate or licence from municipal authorities (Shop and Establishment Act), Sales and income tax returns, CST/GST Certificate (provisional/final), Registration documents from Sales Tax/Service Tax/Professional Tax authorities, IEC issued by DGFT (if applicable), Income Tax Return in the name of the sole proprietor and Utility bills (electricity, water, landline) in the firm’s name
• Partnership Firms: Partnership Deed, Registration Certificate and Identification details for the person authorised to transact on behalf of the firm
• Companies: Certificate of Incorporation, Memorandum of Association (MOA), Articles of Association (AOA), Board Resolution authorising the signatory for loan purposes and identification details for officers or employees with authority to transact on behalf of the company.

₹60 Lakh DCB Bank Home Loan – Eligibility Criteria

The following are the criteria for  ₹60 Lakh home loan eligibility at DCB Bank:

Employment: Any salaried, self-employed professional, or self-employed non-professional can apply for ₹60 Lakh DCB Bank Home Loan.

Age Criteria:

• Minimum age: 21 years old.
• Maximum age: 5 years after retirement age in the case of a salaried employee. However, if the applicant is self-employed, the maximum age is 65 years old.

Credit Score: A credit score of more than 700 will be enough to get a loan from DCB Bank.