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18th November 2015, 10:47 AM
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Join Date: Apr 2013
Re: Rate Of Interest On Home Loan In Corporation Bank

Corporation Bank is a public sector banking company headquartered in Mangalore, India. The bank was established on 12 March 1906.

Corporation Bank Home Loan interest rate-

Interest Rate 10%
Loan Amount 10% to 25% based on loan amount
Tenure Min. - 5 Yrs.
Max. - 30 Yrs.
Time to Process Loan 7 days

Interest Rates-

Tenure Interest Type Interest Rate Offer
1 - 30 Yrs. Floating 10.25 % Regular (up to 75 lakh 10.25% above 75 lakh - 10.50%)
Fees & charges
Processing Fee 0.5 %
Pre-Payment Charges 0.5 %
Changing Fixed to Floating rate of interest Charges 2 %
Changing Floating to Fixed rate of interest Charges 1 %

Eligibility Criteria

Salaried:

Annual Income Rs 120000
Age Min.: 24 Yrs. Max.: 55 Yrs.

Documents Required:

ID Proof Yes
Residence Proof Yes
Income Proof Yes
Telephone Yes
Photograph Yes
Bank Statement Yes
Signature Proof Yes


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