60 Lakh Union Bank of India Home Loan

Homeownership is a long-waited dream for many. To complete this dream, the Union Bank of India offers funds up to 60 lakh or more based on your financial profile and property value. Applicants can expect affordable interest rates, personalised repayment plans, and a hassle-free application process, making it a more borrower-friendly credit option. However, it is advisable to calculate the 60 lakh home loan EMI in Union Bank of India before finalising your decision. This meticulously helps you estimate how much you need to pay each month as an EMI, allowing you to determine if you can repay it without defaulting and planning accordingly. Hence, Urban Money offers a comprehensive overview of the Union Bank of India's 60 lakh home loan.

Union Bank of India 60 Lakh Home Loan – Highlights

Let’s examine the Union Bank of India home loan interest rate for 60 lakhs and other key features:

Union Bank of India 60 Lakh Home Loan EMI for 5 Years

Below is the 60 lakh home loan EMI in Union Bank of India with a tenure of 5 years:

Union Bank of India 60 Lakh Home Loan EMI for 10 Years

Following is the 60 lakh home loan EMI for 10 years from the Union Bank of India:

Union Bank of India 60 Lakh Home Loan EMI for 15 Years

Let’s examine the Union Bank of India home loan 60 lakh EMI with a tenure of 15 years:

Union Bank of India 60 Lakh Home Loan EMI for 20 Years

Below is the 60 lakh home loan EMI for 20 years from the Union Bank of India:

60 Lakh Home Loan EMI for 25 Years Union Bank of India

Have a look at the 60 lakh home loan EMI in Union Bank of India with a tenure of 25 years:

60 Lakh Union Bank of India Home Loan – Fees and Charges

Following are the fees and charges in addition to the Union Bank of India home loan interest rate of 60 lakh:

60 Lakh Union Bank of India Home Loan – Documents Required

Let’s examine the applicable documents for the Union Bank of India 60 lakh home loan: 

• KYC Documents: PAN card, aadhar card, voter ID, passport, utility bill, rental agreement, driving license, etc.
• Income Documents: Past 2-year ITR/Form 16 and 3-month salary slips.
• Business Documents: Last 3-year ITR and other documents to prove your business existence (Applicable only to self-employed).
• Property Documents: Sale agreement, title deed, payment receipts, NOC from Builder, etc.
• Additional Documents: Bank statement for the last 6 months and two latest passport-size photographs.

60 Lakh Union Bank of India Home Loan – Eligibility Criteria

Here is the required 60 lakh home loan eligibility in Union Bank of India:

• Age: Applicants should be between 18 and 75 years of age.
• Employment Status: Applicants should be salaried or self-employed individuals.
• Credit Score: Applicants should have a strong credit score, typically 700 or higher.
• Residential Criteria: Applicants should be Indian citizens, including the NRIs.