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  #2  
27th April 2013, 10:16 AM
Super Moderator
 
Join Date: May 2012
Re: Dena Bank Home Loan in India

I am here by providing you the details of the interest rate of Dena Bank Home Loan In India
New Delhi (Delhi, India)
Dena Bank Cuts Base Rate to 10.25% and Floating Reference Rate to 15.75%
The Dena Bank Limited has decreased its lending rates by 0.20 percent, or 20 basis points with effect from February 09, 2013.

Eligibility for taking the Loan:

You are a major individual, resident or non-resident, and have a regular source of income.
Your age on the maturity of the loan is must be less than retirement age if you are a salaried employee & below 65 years, if you have a business.

The total deductions do not exceed to 60% of your gross income, including the loan installment of the proposed loan.

Spouses/Co-applicants income can be clubbed for enhanced eligibility.

Loan Amount
Up to Rs.200 lakhs for the process of purchase/construction of a house.
Up to Rs.10 lakhs for renovation/upgradation process .
  #3  
3rd November 2015, 07:43 AM
Unregistered
Guest
 
Re: Dena Bank Home Loan in India

Hello friend I want the details for Dena Bank Home Loan so please provide me the details for this ?
  #4  
3rd November 2015, 07:44 AM
Super Moderator
 
Join Date: May 2012
Re: Dena Bank Home Loan in India

Hello brother as you asked for the details for Dena Bank Home Loan so here I am providing you the details

Eligibility for Dena Bank Housing Loan
One should be the individual, resident or non-resident, having a regular source of income.
Your age on the maturity of the loan is less than retirement age if you are a salaried employee & below 65 years, if you have a business.
The total deductions do not exceed 60% of your gross income, including the loan installment of the proposed loan.
Spouses/Co-applicants income can be clubbed for enhanced eligibility.

Benefits of Dena Bank Home Loan Scheme-
Interest Charged on Daily Reducing Balance method.

No Prepayment Charges

Loan Limit of 200 lacs

Loan available for 50 years old homes

FLOATING RATE LINKED TO BPLR & NOT ANY INDEX/ REFERENCE RATE

Upto 20 years-for the purchase of a new flat/house/construction/extension

Upto 10 years- for repairs, renovation and upgradation
0.50% of sanctioned limit

Home Loan Interest Rates on Dena Bank
Up to Rs.75 Lacs : 9.70% (Floating Rates)
>Rs. 75 Lacs : 9.90% (Floating Rates)

Documents required for home loan
Signed application form with photograph

ID and residence proof

Processing fee cheque

Last 6 months bank statements

Documentation for salaried applicants:

Last 3 months salary-slips

Form 16 or Income Tax Returns

Documentation for self-employed applicants:
Education qualification certificate & proof of business existence

Last 3 years Income Tax Returns with computation of Income

Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

Address
Dena Bank
Centre C-10, G Block, Bandra-Kurla Complex Bandra [E].
Mumbai- 400 051. Tel.- (022) 26545000, 26545035


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