80 Lakh Union Bank of India Home Loan

If you are looking for a home loan to purchase a new flat or construct your own home, Union Bank of India is here to help you with your plans for the future. Offering competitive interest rates and flexible repayment options with Union Bank of India’s 80 lakh home loan. Whether you are a first-time homebuyer or planning to build your dream house, Union of India provides solutions to ensure your financial journey is smooth. With minimal documentation and quick processing times, securing a home loan has never been easier. Additionally, the bank offers personalised assistance throughout the application process, helping you understand your loan options and choose the best one suited to your requirements. Trust Union Bank of India to make your homeownership dreams come true with their reliable and customer-centric home loan services. Apply today and take the first step towards your new home!

80 Lakh Home Loan Union Bank of India – Highlights

When considering a substantial loan like an 80 lakh home loan from Union Bank of India, it is essential to understand the core features that make this option viable. Below are the highlights of the Union Bank of India’s 80 lakh home loan:

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

Understanding the EMI structure for a high-value loan over different tenures can help with better financial planning. Here is a breakdown of the EMI payable for an 80 lakh home loan with Union Bank of India over 5 years at an interest rate of 8.35%.

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

For those looking to spread their repayment over a decade, here is what the EMI would look like for a 10-year tenure:

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

A 15-year tenure provides a balanced approach to repayment, offering manageable EMIs while keeping the interest burden moderate:

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

Spreading the repayment over 20 years can significantly reduce the monthly EMI, making it more affordable:

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

For the longest tenure offered, here’s the EMI calculation, which ensures the lowest monthly outflow:

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

Union Bank of India offers competitive fees to ensure the home loan is cost-effective for borrowers. Here is a summary:

80 Lakh Union Bank of India Home Loan – Documents Required
To apply for an ₹80 lakh home loan from Union Bank of India, you need to submit the following documents:

●     Aadhaar Card

●     Utility bills (electricity, water), Rent Agreement

●     Salary slips for the last 3 months, Form 16, and Income Tax Returns for the prev. 2 years

●     Sale Deed, Agreement to Sell, Approved Building Plan, Property Tax Receipts

●     Bank account statements for the last 6 months

80 Lakh Union Bank of India Home Loan – Eligibility Criteria

Here are the eligibility requirements for an ₹80 lakh home loan from Union Bank of India:

1. Available to both Indian citizens and Non-Resident Indians (NRIs).
2. Applicants must be at least 18 years old at the time of application, with a maximum age of 75 at loan maturity.
3. Individual and joint applicants are eligible.