80 Lakh Punjab & Sind Bank Home Loan

Urban Money is committed to helping you achieve your dream of owning a home by providing access to affordable home loans from the top banking institutions. Explore the 80 Lakh Home Loan options from the esteemed Punjab & Sind Bank, offering interest rates ranging from 8.55% to 10%, flexible repayment plans, and minimal fees. Urban Money provides tailored financing solutions for borrowers of all ages and lifestyles, providing information about repayment plans from 5 to 25 years.  Delve into all the details of 80 Lakh Home Loan options from Punjab & Sind Bank, along with its eligibility criteria and required documentation.

30 Lakh Home Loan Punjab & Sind Bank – Highlights

The following insights on the 80 Lakh Home Loan from Punjab & Sind Bank will help you compare its features with other tools and decide whether to take the loan.

80 Lakh Home Loan EMI For 5 Years from the Punjab & Sind Bank

During a 5-year home loan tenure, the official EMI instalments and interest payable for an 80 Lakh Home Loan from Punjab & Sind Bank are:

80 Lakh Home Loan EMI For 10 Years from the Punjab & Sind Bank

The table below shows the calculation of EMI on an 80 Lakh home loan from Punjab & Sind Bank over a tenure of 10 years:

80 Lakh Home Loan EMI For 15 Years from the Punjab & Sind Bank

Here are the details of the EMI payment and interest payable for a home loan of 80 Lakh home loan from Punjab & Sind Bank for 15 years:

80 Lakh Home Loan EMI For 20 Years from the Punjab & Sind Bank

The EMI amount and total interest payable for a 20-year long 80 Lakh Home Loan from Punjab & Sind Bank is as follows-

80 Lakh Home Loan EMI For 25 Years from the Punjab & Sind Bank

The EMI on an 80 Lakh Punjab & Sind Bank home loan, along with the total interest payable over 25 years, is mentioned in the table below:

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

If you are applying for an 80 Lakh Punjab & Sind Bank home loan, you will have to pay the following fees and charges according to the bank’s official website:

• Documentation Charges- Revenue Expenses
• Stamp Duty & Other Statutory Charges- Set by the state 
• Processing Fee- 0.15% with a cap of INR 3750

80 Lakh Punjab & Sind Bank Home Loan – Documents Required

Here are the official documents required for applying for an 80 Lakh Punjab & Sind Bank home loan, and you must submit their copies with the banking authorities for the span of the loan:

• • Bio Data: Includes all personal and professional details.
  • Address, Identity, and Age Proof

• • Income Proof:
    • Salaried Employees: Last 3-month salary slips and Form 16 for the past three years 
    • Business Owners: Certified balance sheets and business proof for the last three months.

• Bank and Loan Account Statements
• Asset and Liability Statement
• Guarantor’s Income Proof: IT returns and income documentation for the past two years.
• Employer Undertaking
• Residential Unit Purchase Proof
• Copy of Approved Map
• Construction Permission: For building a flat or home.
• Sale Deed
• Construction Cost Estimate: Provided by the engineer/ architect

80 Lakh Punjab & Sind Bank Home Loan – Eligibility Criteria

The official eligibility criteria for an 80 Lakh Punjab & Sind Bank Home Loan are that the applicant must be over 18, have a stable income, and want to purchase a home in a registered housing society.