Home Loan Navi Mumbai

The loan available on the following types of property:

• New flat
• Ready to Move-in House
•  Plot From MHADA, DDA, etc.
• Home construction
• Home extension
• Home renovation

Home Loan Navi Mumbai Interest Rates

There are also some documents required for home loan.

Top 10 banks offering the lowest home loan interest rates for salaried individuals

Bank Name	RLLR	Minimum Home Loan Rate Interest Rate (%)	Maximum Home Loan Rate Interest Rate (%)
Union Bank of India	6.8	6.7	7.15
Bank of India	6.85	6.85	7.15
Central Bank of India	6.85	6.85	7.3
Canara Bank	6.9	6.9	8.9
Punjab & Sind Bank	6.9	6.9	7.25
Private Bank	6.95	6.95	7.95
SBI Term Loan	6.65	6.95	7.45
Bank of Baroda	7	7	8.35
IDFC First Bank	7	7	8
Bank of Maharashtra	7.05	7.05	8.35
HDFC Bank	6.95	6.95	8.2

Home Loan Navi Mumbai Documents Required

Salaried Individual:

Valid ID and Residence Proof: A copy of Proof of Identity and Residence such as Aadhaar, PAN, Driving License, Passport, Voter ID, etc.

Income Proof:

• Bank Statements showing salary credits from the last 6 months.
• Latest Salary Slips from the last 3 months.
• Latest Form-16 and IT returns
• Employment Contract/Appointment Letter if the current employment is less than a year old.

Property Related Documents:

• A cheque for processing fee favoring ‘The Particular Bank.’
• Copy of the Buyer Agreement/Allotment Letter
• Receipt/(s) of payment/(s) made to the developer

Self Employed Individual:

Valid ID and Residence Proof: A copy of Proof of Identity and Residence such as Aadhaar, PAN, Driving License, Passport, Voter ID, etc.

Income Proof:

• Bank Statements showing salary credits from the last 6 months.
• Business Profile and Previous 3 years Income Tax returns (Both self and business)
• Previous 3 years Profit/Loss Account and Balance Sheet.

Proof Of Business: 

• Educational Qualifications Certificates
• Business achievements (Certificate or awards if any)

Property Related Documents:

• A cheque for processing fee favoring ‘The Particular Bank.’
• Copy of the Buyer Agreement or Allotment Letter 
• Receipt/(s) of payment/(s) made to the developer

Agriculturists:

KYC Proof – PAN Card (Mandatory) and any of Driving License/Voter ID/Passport

Income Proof:

• Bank Statements showing salary credits from the last 6 months.
• Copies of title documents of agricultural Land showing crops being cultivated

Property Related Documents:

• A cheque for processing fee favoring ‘The Particular Bank.’
• Copy of the Allotment Letter / Buyer Agreement
• Receipt/(s) of payment/(s) made to the developer

Additional requirements for Co-applicants:

Passport size photograph of all co-applicants to be affixed on the Application Form and signed across

Apply for Home Loan EMI Calculator online.

Home Loan Navi Mumbai Eligibility Criteria 

Salaried Individual:

The Home Loan eligibility criteria is given by :

1. The applicant’s nationality should be Indian.
2. The applicant must be between the age group of (Minimum) 18 years to (Maximum) 65 years.
3. Must have working experience and a legitimate source of salary i.e working under the same employer for at least one year.

Self Employed Individual:

Applicants who are not professionally engaged in the working sector but have their own source of steady income are also eligible for the Home Loan. This includes everybody who is a:

• Traders
• Commission agent
• Contractors

The following criteria must be met to apply for a home loan:

1. The applicant must be between the age group of (Minimum) 18 years to (Maximum) 65 years.
2. Must have working experience and a legitimate source of salary i.e working under the same employer for at least one year.

Self Employed Professionals:

Applicants who are professionally engaged in the working sector are also eligible for the Home Loan in Navi Mumbai. This includes everybody who is a:

• Doctors
• Lawyers
• Charted Accountant
• Architect
• Consultant
• Engineer
• Company Secretary

The following criteria must be met to apply for a home loan:

1. The applicant’s nationality should be Indian.
2. The applicant must be between the age group of (Minimum) 18 years to (Maximum) 65 years.

Additional Criteria for Co-applicants:

• Co-applicant must be a family member of the primary applicant.
• All co-applicants are not required to be the co-owners of the property.

Please find more information on Eligibility by visiting Dialabank online.

Apply for Home Loan

How To Apply For Home Loan Navi Mumbai

• Visit  Dialabank for a Home Loan.
• Go to the specific city Home Loan page.
• Check out all the eligibility and documents criteria for a Home Loan.
• Fill out all the details required in the Home Loan Navi Mumbai application form.
• Once done, our representative will soon contact you for a further stress-free process.

Processing Fees / Prepayment Charges On Home Loan Navi Mumbai

Particulars	Charges
Processing Fees	Salaried Individuals: 0.50% of the loan amount or Rs. 3,000, whichever is higher Self Employed Professionals: 0.50% of the loan amount or Rs. 3,000, whichever is higher Self Employed Non-Professionals: Up to 1.50% of the loan amount or Rs. 4,500, whichever is higher
Prepayment charges	No prepayment charges for floating rates

Home Loan EMI Calculator Navi Mumbai

CIBIL Score Required For Home Loan Navi Mumbai

A minimum CIBIL score of 750 and above is considered by most of the banks and financial institutions for a home loan. However, many banks can also approve a loan with a CIBIL score between 650 to 750 if the applicant is one of their old customers or has a good relationship with the institute. In this case, the bank may charge moderately higher interest on the loan.

Maintaining a good CIBIL score is a good practice as every financial institution strictly examine the detailed behavior of the previous loans taken. This includes details on the type of loan taken and the loan amount you have borrowed. Any late payments for previous loans can act as a barrier to your availing a fresh loan.

Check your CIBIL score in your credit report for more information on the score.

Home Loan Navi Mumbai Agent / Broker

One of the major and best agents of Home Loan Navi Mumbai is Dialabank. Having vast experience in the field put an advantage. Dialabank has worked with thousands of loan seekers and has successfully delivered what is agreed upon!

You can visit Dialabank online for information on Home Loan

Home Loan Navi Mumbai Contact Number

You can contact us by dialing on +919878981166 to get more information about home loans and we will give you the best advice to help you fulfill your dreams.

Pre Calculated EMI Table for Home Loan Navi Mumbai

About Navi Mumbai

Navi Mumbai is a planned township and city of Mumbai. It lies on the west coast of Maharashtra. It was developed in 1972.

Get Home Loan Navi Mumbai information on Dialabank online!

Home Loan In Other Cities

Home Loan Mohali	Home Loan Bhatinda
Home Loan Ludhiana	Home Loan Amritsar
Home Loan Jalandhar	Home Loan Kota
Home Loan Ferozepur	Home Loan Jodhpur

FAQs About Home Loan in Navi Mumbai

✅ What are fixed and floating rates in Home Loan in Navi Mumbai?

The rate of interest for fixed-rate loans remain constant for the entire tenure of Home Loan Navi Mumbai. On the other hand, the interest rates for floating rate in home loans Navi Mumbai can be changed depending on the RBI’s policy rates.

✅ Can I have a co-applicant for my Home Loan in Navi Mumbai?

Yes, if he/she is your family member such as your spouse, your parents or your children you can have a co-applicant for Home Loan in Navi Mumbai

✅ Can I get 100% financing on a Home Loans in Navi Mumbai?

No Banks/NBFCs in Navi Mumbai would grant 100% of the property value as a home loan. A margin is established on Home Loans in Navi Mumbai i.e. the percentage of the cost that the lending institution in Navi Mumbai will be covering.