25 Lakh Punjab & Sind Bank Home Loan

Punjab & Sind Bank offers a home loan of ₹25 lakh with flexible repayment options, making it easier for you to own your dream home. With competitive interest rates, the EMI for a 25 lakh home loan from Punjab & Sind Bank is designed to fit your budget. The bank's eligibility criteria for a 25 lakh home loan are straightforward, accommodating various types of applicants, including salaried individuals, self-employed professionals, and members of housing societies. Punjab & Sind Bank's 25 lakh home loan provides the support you need.

25 Lakh Home Loan Punjab & Sind Bank – Highlights

Here are Punjab & Sind Bank home loan interest rates for 25 Lakh, along with highlights:

25 Lakh Home Loan Emi for 5 years Punjab & Sind Bank

Punjab & Sind Bank housing loan EMI for 25 Lakh is mentioned below in detail:

25 Lakh home loan EMI for 10 years Punjab & Sind Bank

Here are the 25 Lakh home loan EMI for 10 years Punjab & Sind Bank in a detailed format:

25 Lakh Lome Loan EMI for 15 years Punjab & Sind Bank

Here are 25 Lakh home loan EMI for 15 years Punjab & Sind Bank, along with highlights:

25 Lakh Home Loan EMI for 20 years Punjab & Sind Bank

25 Lakh home loan EMI for 20 years Punjab & Sind Bank are as follows:

25 Lakh Home Loan EMI for 25 years Punjab & Sind Bank

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

25 Lakh Punjab & Sind Bank Home Loan – Fees and Charges

There are some additional fees with Punjab & Sind Bank home loan interest rate of 25 Lakh.

1. Processing Fee:

• For loans up to ₹25 lakh: 0.15% of the loan amount (minimum ₹1,000, maximum ₹3,750).
• For loans above ₹25 lakh up to ₹50 lakh: 0.25% of the loan amount (maximum ₹12,500).
• For loans above ₹50 lakh but less than ₹75 lakh: 0.25% of the loan amount (maximum ₹15,000).
• For loans of ₹75 lakh and above: 0.25% of the loan amount.

2. Top-Up Loan Processing Fee:

• Applicable for loans up to ₹10 lakh at 0.15% of the loan amount, with a minimum fee of ₹1,000 and a maximum of ₹3,750.

3. Prepayment Charges:

• No charges for prepayment.

4. Documentation Charges:

• Actual costs for stamp duty and other statutory expenses are applicable.

5. Guarantee Requirement:

• The guarantor can be the spouse or a major son if available.
• For co-borrowers, a third-party guarantee may be waived.

6. CIBIL Credit Vision Score Spread and Effective EBLR:

• Score 768-790: 0.20% spread, resulting in an effective EBLR of 8.65%.
• Score 753-767: 0.35% spread, resulting in an effective EBLR of 8.80%.
• Score 732-752: 0.55% spread, resulting in an effective EBLR of 9.00%.
• Score 690-731: 0.90% spread, resulting in an effective EBLR of 9.35%.
• Score 641-689: 1.40% spread, resulting in an effective EBLR of 9.85%. This rate applies only to existing borrowers with a good payment history.

25 Lakh Punjab & Sind Bank Home Loan – Documents Required

Applicants must submit several papers to apply for a Punjab & Sind Bank house loan for ₹25 lakh. These consist of legitimate identity documents from the government (such as a passport, Aadhaar card, or PAN card) and proof of address (like utility bills, Aadhaar card, or voter ID). Documents proving the age, such as PAN cards, passports, or birth certificates, are also needed. Salaried individuals must provide their most recent pay stubs, Form 16 or Income Tax Returns for the previous two years, and bank statements for the previous six months as proof of income. Applications from self-employed individuals must include evidence of business ownership or registration, the last three years’ income tax returns, the previous three years’ balance sheets and profit and loss statements, and the previous six months’ bank statements. Additional paperwork about the property is needed, including the sale agreement or deed, the approved building plan, property tax receipts, the No Objection Certificate (NOC) from the builder or society, if applicable, and an encumbrance certificate. Additional papers include a cheque for the processing fee, passport-sized photos, and a properly completed and signed loan application form.

25 Lakh Punjab & Sind Bank Home Loan – Eligibility Criteria

The Punjab & Sind Bank 25 Lakh Home Loan is open to both salaried and self-employed individuals, with specific income and age requirements: