40 Lakh Home Loan From Ujjivan Small Finance Bank

Home Loan By Profession
Home Loan By Property
Home Loan By Amount

Ujjivan Small Finance Bank offers up to ₹40 lakh home loans, making it easier for individuals to purchase or build their dream homes. The bank provides competitive interest rates starting at 8.75% per annum, flexible repayment options for a tenure of up to 20 years, and a straightforward application process. Whether salaried or self-employed, Ujjivan Small Finance Bank caters to your financial needs with personalised solutions. The loan can be used to buy a new property, construct a house, or transfer an existing home loan, ensuring a smooth and hassle-free experience for homebuyers. Continue reading to learn more about this home loan scheme and calculate your EMI for a tenure of 10 or 20 years:

Get in Touch for Home Loan Expert Advice

Connect with our Home Loan Advisor Now!

Personalized Home Loan solutions
Expert guidance
Application assistance
Credit score discussion
Home Loan Interest rate comparison

Full Name

+91Mobile No.

Choose City

I agree to the Terms and Conditions of TUCIBIL and hereby provide explicit consent to share my Credit Information with Urban Money Private Limited.

Table of Content

1. 40 Lakh Ujjivan Small Finance Bank Key Highlights

2. 5 Years EMI 40 Lakh Ujjivan Small Finance Bank Home Loan

3. 10 Years EMI 40 Lakh Ujjivan Small Finance Home Loan

4. 15 Years EMI 40 Lakh Ujjivan Small Finance Home Loan

5. 20 Years EMI 40 Lakh Ujjivan Small Finance Home Loan

6. Fees & Charges 40 Lakh Ujjivan Small Finance Home Loan

7. 40 Lakh Ujjivan Small Finance Bank Home Loan Documents Required

8. Eligibility Criteria 40 Lakh Ujjivan Small Finance Bank Home Loan

Written By

Satyam Sachdeva

Satyam has always been interested in saving money and realising its worth. He created a Demat account when he turned 18 and has been a keen equity and mutual fund investor. Currently, a writer for Urban Money, he uses his skills to guide his readers in the right direction. Satyam strives to make financial complexities easy for everyone to understand with a pinch of creative salt.

Reviewed By

Amit Prakash Singh

Co-Founder, Square Yards & Chief Business Officer, Urban Money

Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

40 Lakh Ujjivan Small Finance Bank – Key Highlights

The key highlights of Ujjivan Small Finance Bank are elucidated in the table below:

Feature	Details
Loan Tenure	39 to 240 months (up to 20 years)
Interest Rate	8.75% to 17.75% per annum
Loan Amount	₹2,00,000 to ₹75,00,000
Processing Fee	₹3,350 + GST
Prepayment Charges	Nil for individual borrowers
Foreclosure Charges	Nil for individual borrowers
Eligibility	Salaried, self-employed, and non-professionals
Additional Charges	CLADUM: 1% to 2% of the loan amount + GST
Collateral	Mortgage of the property being financed

5 Years EMI – 40 Lakh Ujjivan Small Finance Bank Home Loan

Refer to the table below to learn about the EMI on a 40 lakh home loan from Ujjivan Small Finance Bank at 11.25% p.a for a 5-year tenure:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total amount Payment
Rs 40 lakhs	11.25%	5 years	₹87,469	₹12,48,154	₹52,48,154

10 Years EMI – 40 Lakh Ujjivan Small Finance Home Loan

The table below showcases the details of an EMI on a ₹40 lakh home loan from Ujjivan Small Finance Bank, with an 11.25% annual interest rate over 10 years.

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total amount Payment
Rs 40 lakhs	11.25%	10 years	₹55,668	₹26,80,109	₹66,80,109

15 Years EMI – 40 Lakh Ujjivan Small Finance Home Loan

Check the table below to learn about the EMI on a ₹40 lakh Ujjivan Small Finance Bank home loan at 11.25% for 15 years:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total amount Payment
Rs 40 lakhs	11.25%	15 years	₹46,094	₹42,96,881	₹82,96,881

20 Years EMI – 40 Lakh Ujjivan Small Finance Home Loan

The table below highlights the EMI you will accrue on a ₹40 lakh home loan from Ujjivan Small Finance Bank at an 11.25% interest rate for 20 years:

Loan Amount	Interest Rate	Loan Tenure	EMI Amount	Total Interest Payable	Total amount Payment
Rs 40 lakhs	11.25%	20 years	₹41,970	₹60,72,858	₹1,00,72,858

Fees & Charges – 40 Lakh Ujjivan Small Finance Home Loan

It is crucial to understand the fees and charges associated with the 40 lakh Ujjivan Small Finance Home Loan.

Fee/Charge	Amount/Rate
CLADUM Charges	1% to 2% of the loan amount + GST (varies by product type)
Processing Fee	₹3,350 + GST
Stamp Duty & Registration Cost	As per actuals (to be paid to the registration department)
Part-Payment Charges	No charges for part-payment
Bounce & Late Payment Charges	₹250 to ₹500 + GST for ECS/ACH/Cheque Bounce; Penal Interest of 2.5% p.m. on overdue amount
Foreclosure Charges	NIL if closed with own funds; 3% if transferred to another bank during Fixed Rate period
CERSAI Charges	₹50 to ₹100 + taxes (based on loan amount)
Duplicate Statement/Amortisation	₹100 per instance
Issuance of Photocopies of Title Docs	₹750 per instance
Loan Cancellation Charges	1% to 2% of the loan amount

40 Lakh Ujjivan Small Finance Bank Home Loan – Documents Required

If you are interested in availing the 40 lakh home loan from Ujjivan Small Finance Bank, refer to the table below to learn about the documents required:

Document Type	Details
Identification	PAN Card or Form 60
Property Documents	Original property documents
Residence Proof	Any of the following: Passport, Driving License, Aadhaar Card, Voter ID, NREGA Job Card, or NPR Letter
Income Proof	Latest 6 Months Bank Statement/Passbook, Income Tax Returns, Salary Certificate, Form 16A if applicable
Business Documents	For self-employed: Business Registration, E-Bill, Udyog Aadhaar

Eligibility Criteria – 40 Lakh Ujjivan Small Finance Bank Home Loan

Ensure you fall under the eligibility criteria of a 40 lakh home loan from Ujjivan Small Finance Bank for an easy and hassle-free loan application process:

Age	Salaried: Must be between 24 and 60 years old. Non-Salaried: Must be between 24 and 65 years.
Income	Both categories need to have a steady source of income.
Experience	Salaried: At least 1 year of job experience. Non-Salaried: At least 3 years of business experience.
Co-applicant Age	The co-applicant must be at least 18 years old.

Frequently Asked Questions (FAQs)

How much is the EMI for a ₹40 lakh home loan from Ujjivan Small Finance Bank for a 20-year term?

At an interest rate of 11.25% per annum, the EMI of a 40 lakh Ujjivan Small Finance Bank home loan over a tenure of 20 years will be ₹41,970.

Who can qualify for a ₹40 lakh home loan from Ujjivan Small Finance Bank?

To qualify for a ₹40 lakh home loan from Ujjivan Small Finance Bank, you need a stable income, be aged 24-65, and have relevant work experience.

What is the monthly interest rate on a ₹40 lakh home loan from Ujjivan Small Finance Bank?

The minimum monthly interest rate on a 40 lakh Ujjivan Small Finance home loan is 0.73%.

Quick Links

Loan Offers By Ujjivan Small Finance Bank's

Home Loan by Nationalized Bank

Home Loan Calculators