Nainital Bank Home Loan Interest Rate

Hello sir I want to know about Interest Rate of Nainital Bank Home Loan so here can you please give me its details ?

[sumit]

Hey as The Nainital Bank Limited is a scheduled commercial bank founded by Mr Govind ballabh pant and Shah community in the year 1922

Eligibility
Home loan servicing capability refers to how much home loan EMI you are capable of paying after meeting living expenses based on your standard of living
For the purpose of determining house loan eligibility, most banks consider maximum EMI paying capacity as 60% to 70% of the net monthly income after taxes and deductions

EMI
The maximum EMI is limited to the surplus available after meeting essential and lifestyle expenses like those on food, travel, entertainment, family, clothing, medical treatment and similar such expenses

Repayment:
Repayment period should not exceed 20 years excluding moratorium period of 18 months.

Interest Rate
9.75% Floating

Lowest EMI
Rs. 949 per lakh

Tenure
Max 20 years