3 Crore Union Bank of India Home Loan

The Union Bank of India 3 crore home loan is an appealing credit option. Eligible applicants can purchase or construct high-value residences at prime locations. The bank offers lower interest rates, personalised repayment plans, minimised processsing fees, and quick fund disbursement, further enriching the overall appeal. Nevertheless, it is prudent to understand all the aspects of this home loan clearly. These include a 3 crore home loan EMI Union Bank of India, expected interest rates, eligibility, documentation, and associated fees, empowering you to make a more informed decision. Let’s scroll down to learn more.

3 Crore Home Loan Union Bank of India – Highlights

The Union Bank of India home loan interest rate for 3 crore and other key parameters are as follows:

3 Crore Home Loan EMI for 5 Years Union Bank of India

Below are the 3 crore home loan EMI in Union Bank of India with a tenure of 5 years:

3 Crore Home Loan EMI for 10 Years Union Bank of India

Have a look at the expected 3 crore home loan EMI for 10 years from the Union Bank of India:

3 Crore Home Loan EMI for 15 Years Union Bank of India

Below are the Union Bank of India home loan of 3 crore EMI with a tenure of 15 years:

3 Crore Home Loan EMI for 20 Years Union Bank of India

Following are the statistics for a 3 crore home loan EMI in Union Bank of India with a tenure of 20 years:

3 Crore Home Loan EMI for 25 Years Union Bank of India

Here are the 3 crore home loan EMI in Union Bank of India with a tenure of 25 years:

3 Crore Union Bank of India Home Loan – Fees and Charges

Let’s examine the expected fees and charges in addition to the Union Bank of India home loan interest rate of 3 crore:

3 Crore Union Bank of India Home Loan – Documents Required

Following are the required documents for the Union Bank of India 3 crore home loan: 

• KYC Documents: PAN card, aadhar card, voter ID, passport, etc.
• Residential Documents: Utility bill, rental agreement, aadhar card, driving license, etc.
• Proof of Salary: Last 2-year ITR/Form 16 and 3-month salary slips.
• Proof of Business: Last 3-year ITR and other business documents.
• Proof of Property: Sale agreement, title deed, payment receipts, NOC from the builder, etc.
• Additional Documents: Last six months’ bank statements and two passport-size photographs.

3 Crore Union Bank of India Home Loan – Eligibility Criteria

Here is the applicable 3 crore home loan eligibility in Union Bank of India:

• Age Limit: Applicants must be between 18 and 75 years old.
• Employment Status: Both salaried and self-employed individuals are eligible.
• Income Criteria: A steady income source is necessary to ensure the ability to pay EMIs.
• Credit Score: A good credit score, preferably 700 or higher, is required.
• Nationality: Applicants must be Indian citizens or non-resident Indians.