80 Lakh DCB Bank Home Loan

DCB Bank’s 80 lakh home loan is a great option for purchasing upscale residential properties such as luxury homes, apartments, or villas. The loan is recognised for its super-low interest option and personalised repayment plan, offering a stress-free borrowing experience. Moreover, it features nominal processing fees, moderate eligibility criteria, minimal documentation, and transparent processes, further enriching the overall appeal. However, understanding the 80 lakhs home loan EMI in DCB Bank is crucial for effective financial planning. This guide will provide a detailed insight into the EMI structure, helping you manage your repayments smoothly. Additionally, we’ll explain the interest rates, available loan tenure, associated fees, etc., enabling you to make a more informed decision. Continue reading to learn more.

80 Lakh Home Loan DCB Bank – Highlights

The DCB Bank’s home loan interest rate for 80 lakhs and other key parameters are as follows:

80 Lakh Home Loan EMI for 5 Years 

Have a close look at the 80 lakhs home loan EMI in DCB Bank with a tenure of 5 years:

80 Lakh Home Loan EMI for 10 Years DCB Bank 

Following are the 80 lakhs home loan EMI for 10 years from the DCB Bank:

80 Lakh Home Loan EMI for 15 Years DCB Bank

Let’s examine the DCB Bank’s home loan EMI for 80 lakhs with a tenure of 15 years:

80 Lakh Home Loan EMI for 20 Years DCB Bank

Below are the 80 lakhs home loan EMI for 20 years from the DCB Bank:

80 Lakh DCB Bank Home Loan – Fees and Charges 

Let’s examine the fees and charges in addition to the DCB Bank home loan interest rate of 80 lakhs:

80 Lakh DCB Bank Home Loan – Documents Required

Here are the required documents for the DCB Bank’s 80 lakhs home loan:

• Identity Proof: PAN Card, Aadhaar Card, Election ID, Passport, Driving License, NREGA Card, or Letter issued by the national population register.
• Age Proof: Birth Certificate, LIC Policy, Any Government ID Card, School Leaving Certificate, PAN Card, Aadhar Card, or Passport.
• Income Proof: Last 3-month salary slips, 2-year form 16, and 6-month bank statement. Self-employed individuals must require 3-year income tax returns, 2 recent GST returns, 1-year bank statement, etc.
• Additional Documents: Latest passport-size photos and duly filled application form. 

80 Lakh DCB Bank Home Loan – Eligibility Criteria 

Following are the 80 lakhs home loan eligibility criteria in DCB Bank:

• Age Requirement: Applicants must be aged between 23 and 65 years old.
• Employment Status: Applicants must be salaried or self-employed individuals. 
• Income Criteria: Applicants must have earned income sufficient to pay the loan EMI. 
• Credit Score: Applicants must have a good credit score, preferably 700 or higher.
• Nationality: Applicants must be Indian citizens.