85 Lakh Union Bank of India Home Loan

If you want to find a home loan that is convenient for you, Union Bank of India provides multiple options. The Union Bank of India 85 lakh home loan is a substantial financing option the bank provides. This loan offers attractive interest rates, flexible repayment tenures, and minimal processing fees, making it a viable choice for those looking to invest in their dream home. The bank’s customer-friendly policies ensure an easy application process with quick approvals and disbursals. Union Bank of India also provides customised loan solutions to individual requirements, including loans for ready-built homes, under-construction properties, and home renovations. Union Bank of India ensures borrowers receive support throughout their home-buying journey. Whether you are a first-time homebuyer or looking to upgrade, the Union Bank of India 85 Lakh Home Loan can be an excellent financial solution for achieving your housing goals.

85 Lakh Home Loan Union Bank of India – Highlights

The Union Bank of India 85 Lakh Home Loan offers an excellent financing solution with competitive interest rates and flexible tenure options. 

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

A 5-year tenure provides a swift loan repayment period, making it suitable for borrowers looking to clear their debt quickly while managing higher monthly EMIs.

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

Choosing a 10-year tenure balances monthly EMI payments and the loan repayment duration, making it easier for borrowers to manage their finances effectively.

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

A 15-year tenure spreads the loan repayment over an extended period, reducing the monthly EMI burden and allowing for more financial flexibility.

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

Opting for a 20-year tenure offers lower EMIs, making it suitable for individuals seeking long-term financial planning with manageable monthly outflows.

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

A 25-year tenure provides the lowest monthly EMIs, ensuring maximum affordability and ease in managing long-term financial commitments.

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

The Union Bank of India 85 Lakh Home Loan features transparent and minimal fees, with no charges for part-prepayment, improving the loan’s affordability and flexibility.

85 Lakh Union Bank of India Home Loan – Documents Required 

Documents required to avail of the Union Bank of India 85 lakh home loan are listed below

• KYC Documents: Aadhaar Card, Driving License etc.
• Address Proof: Any government-approved Identity proof clearly showing your address. Utility bills are also accepted.
• Income Proof: Salary slips for the last 3 months, Form 16, and Income Tax Returns for the previous 2 years.
• Bank Statements: Bank account statements for the last six month

85 Lakh Union Bank of India Home Loan – Eligibility Criteria 

The eligibility criteria to qualify for an 85 lakh Union Bank of India home loan are minimal, which allows a vast customer base to qualify for the loan amount

• Indian residents and Non-Resident Indians.
• Minimum age of 18 years at the time of application, maximum 75 years at maturity. 
• Individual and joint applicants are eligible.