2 Crore Punjab & Sind Bank Home Loan

Taking out a 2 Crore home loan from Punjab & Sind Bank is a major financial commitment which can impact the lifestyle of all of your loved ones. Urban Money is here to help you with the application process for this loan and understand major details via our user-friendly interface. Our loan EMI calculation, ranging from 5 to 25 years, will help you calculate the monthly instalments and the total interest payable for each loan tenure. Also, get all the information regarding interest rates, eligibility requirements, documentation, and fees for the 2 Crore home loan via the Punjab & Sind Bank, aiding you in making an informed decision. Understand all the important highlights of the loan to avoid any major financial constraints.

2 Crore Punjab & Sind Bank Home Loan – Key Highlights

These are the key highlights of a  2 Crore home loan from Punjab & Sind Bank, which will help you understand the financial implications of taking on this loan:

• Loan Purpose- To purchase, build or renovate a new/ old house
• Eligibility- Available for individuals, groups, and members of housing societies
• Interest Rate- Ranging between 8.55% to 10% depending on the borrower’s credit score 

• Loan Tenure- 30 years for others, 60 years for non-pensionable salaried individuals 
• Pre-Payment Policy- No Charge

2 Crore Punjab & Sind Bank Home Loan EMI For 5 Years

If you want to pay off your 2 Crore Punjab & Sind Bank Home Loan within 5 years, you will be eligible for this EMI amount and interest payment every month.

2 Crore Punjab & Sind Bank Home Loan EMI For 10 Years

The following is your EMI instalment and interest payable if you want to pay off your 2 Crore Punjab & Sind Bank Home Loan within 10 years.

2 Crore Punjab & Sind Bank Home Loan EMI For 15 Years

A home loan of 2 Crore from Punjab & Sind Bank will attract the following EMI cost for 15 years:

2 Crore Punjab & Sind Bank Home Loan EMI For 20 Years

For 20 years, a 2 crore home loan from Punjab & Sind Bank with an interest rate of 8.55% will have the following EMI:

2 Crore Punjab & Sind Bank Home Loan EMI For 25 Years

The EMI calculation for a 25-year-long Punjab & Sind Bank home loan for 2 Crore value will be as follows:

2 Crore Punjab & Sind Bank Home Loan – Fees and Charges

These are the  various fees and charges that might apply to you if you apply for a 30 Lakh Home Loan from the Punjab & Sind Bank:

2 Crore Punjab & Sind Bank Home Loan – Documents Required

These are the documents that you will have to submit while applying for a 2 Crore Home Loan from Punjab & Sind Bank:

• Identity Cards – To apply for a home loan, the borrower will have to submit multiple identity cards verifying their address and age. These include the Aadhaar Card, PAN Card, Passport, Electricity Bill, and Driving Licence.
• Income Proof – The borrower must prove their source of income via their employment ID cards, IT returns, Profit and Loss Statements, and the last three months’ salary slips. Businesses must show Asset and Liability Statements and their Bio Data covering all personal and professional details. 
• For Home Loan – To apply for a home loan, you will have to submit a No Objection Certificate valuation certificate from an authorised engineer/ architect, an allotment letter from the society, an approved map, a sale deed, and permission for construction. 

2 Crore Punjab & Sind Bank Home Loan – Eligibility Criteria

The official eligibility criteria for a 2 Crore Home Loan from the Punjab & Sind Bank is:

• Must be over the age of 18  
• Applicants should only include Individuals or groups of members of a housing society.
• Must have a stable income from any industry