Ujjivan Small Finance Bank Home Loan for Government Employees

Ujjivan Small Finance Bank home loan for government employees offers a loan scheme specifically for government employees. The scheme aims to accommodate the applicant's unique needs and financial stability. This scheme likely includes competitive interest rates and possibly lower processing fees, and might offer features such as balance transfer options and top-up loans. Financial institutions often consider government employees low-risk due to their stable income, which might allow for more favourable loan terms. For detailed and specific benefits, eligibility criteria, and interest rates applicable to government employees, it's advisable to contact Ujjivan Small Finance Bank directly or visit their official website for the most accurate and up-to-date information​.

Ujjivan Small Finance Bank Home Loan for Government Employees – Highlights

Here is a quick rundown of the Ujjivan Small Finance Bank Home Loan for government employees. 

Ujjivan Small Finance Bank Home Loan for Government Employees – Fees & Charges

Here’s a quick rundown of Ujjivan Small Finance Bank housing loan fees and charges: 

Foreclosure and Part-payment Charges

Other Fees and Charges

Ujjivan Small Finance Bank Home Loan Documents for Government Employees

Following are the documents required for Ujjivan Small Finance Bank Home Loan for government employees. 

Common documents:

• PAN Card/ Form 60
• Original property documents
• Residence proof (any one of the following):
• Passport/ Driving License/ Proof of possession of Aadhaar/ Voter’s Identity Card/ Job card issued by NREGA duly signed by an officer of the State Government/ Letter issued by the National Population Register containing details of name and address/ Aadhaar card 

Income Documents: 

• Bank statements or passbook records from the last six months
• Income Tax Returns
• Salary certificate (if applicable)
• Form 16A (if applicable)

Ujjivan Small Finance Bank Home Loan for Government Employees – Eligibility Criteria

Ujjivan Small Finance Bank evaluates home loan eligibility based on the applicant’s income and their specific loan requirements. Additional criteria such as the applicant’s age, existing liabilities, assets held, and credit rating may also play a role in determining eligibility for a home loan.

Ujjivan Small Finance Bank Home Loan Schemes for Government Employees   

Following are the Ujjivan Small Finance Bank Housing Loan schemes for government employees. 

Home Purchase & Home Construction Loan: This loan facilitates the purchase or construction of a new home. It has a flexible repayment tenure of up to 20 years, a minimum loan amount of ₹2,00,000, and a maximum loan amount of ₹75,00,000.

Composite Home Loan: Designed for those buying a plot and constructing their home on it, this loan offers up to ₹50,00,000 with competitive interest rates and the same repayment flexibility.

Home Improvement Loan: Ideal for renovations and repairs, this loan supports projects with amounts ranging up to ₹25,00,000 and a maximum tenure of 15 years.