15 Lakh Punjab & Sind Bank Home Loan

Punjab & Sind Bank offers a comprehensive home loan solution, making it an ideal choice for individuals looking to purchase, construct, or renovate their dream home. If you are looking for a ₹15 lakh home loan, the bank provides competitive interest rates and flexible repayment options. The eligibility criteria for a ₹15 lakh home loan at Punjab & Sind Bank are designed to cater to a wide range of applicants, including salaried and self-employed individuals. The bank ensures a smooth application process and offers detailed information on the housing loan EMI for ₹15 lakh, helping customers plan their finances effectively. With Punjab & Sind Bank, achieving your homeownership goals is made simple and convenient.

₹15 lakh Home Loan Punjab & Sind Bank – Highlights

Here are Punjab & Sind Bank home loan interest rates for ₹15 lakh, along with highlights:

₹15 Lakh Home Loan EMI for 5 years Punjab & Sind Bank

Punjab & Sind Bank housing loan EMI for ₹15 lakh is mentioned below in detail:

₹15 Lakh Home Loan EMI for 10 Years Punjab & Sind Bank

Here are the ₹15 lakh home loan EMI for 10 years Punjab & Sind Bank in a detailed format:

₹15 Lakh Home Loan EMI for 15 Years Punjab & Sind Bank

Here are ₹15 lakh home loan EMI for 15 years Punjab & Sind Bank, along with highlights:

₹15 Lakh Home Loan EMI for 20 Years Punjab & Sind Bank

₹15 lakh home loan EMI for 20 years Punjab & Sind Bank are as follows:

₹15 Lakh Home Loan EMI for 25 Years Punjab & Sind Bank

Punjab & Sind Bank home loan of ₹15 lakh EMI for 25 years is mentioned below in the detailed format:

₹15 Lakh Punjab & Sind Bank Home Loan – Fees and Charges

There are some additional fees with Punjab & Sind Bank home loan interest rate of ₹15 lakh. These fees are mentioned below:

₹15 Lakh Punjab & Sind Bank Home Loan – Documents Required

Following are the documents required to apply for a ₹15 lakh home loan emi Punjab & Sind Bank:

Personal Identification

• Valid government-issued identity proof (such as Passport, Aadhaar Card, PAN Card, etc.)
• Address proof (such as utility bills, Aadhaar Card, Voter ID, etc.)

2. Age Verification

• Documents confirming the applicant’s age (such as birth certificate, passport, PAN card, etc.)

3. Income Proof

• Salaried Individuals:
  • Latest salary slips
  • Form 16 or Income Tax Returns for the past two years
  • Bank statements for the last six months
• Self-Employed Individuals:
  • Proof of business registration or ownership
  • Income Tax Returns for the last three years
  • Profit & Loss statements and Balance Sheets for the last three years
  • Bank statements for the last six months

4. Property-Related Documents

• Agreement for sale or sale deed
• Approved building plan and property tax receipts
• No Objection Certificate (NOC) from the builder or society (if applicable)
• Encumbrance certificate (confirming the property is free from legal dues)

5. Additional Documents

• Passport-sized photographs of the applicant
• Processing fee cheque
• Loan application form, duly filled and signed

₹15 Lakh Punjab & Sind Bank Home Loan – Eligibility Criteria

The following are the criteria for  ₹15 lakh home loan eligibility at Punjab & Sind Bank:

Eligible Applicants

• Individuals: Any individual can apply, including salaried, self-employed, and professionals.
• Group of Individuals: Two or more individuals, such as co-applicants, can jointly apply for the loan.
• Members of Housing Societies: Individual members of registered housing societies are also eligible.

2. Age Criteria

• Minimum Age: 18 years
• Maximum Age: The applicant’s age, along with the loan tenure, should not exceed the following:
  • For Salaried Class (Non-Pensionable): The loan must be repaid by the age of 60 years.
  • For Salaried Class (Pensionable): The loan must be repaid by the age of 70 years.
  • For Other Applicants: The loan must be repaid by the age of 70 years.