Dena Gujarat Gramin Bank Home Loan Interest Rate at 8.60% to 10.20%
| INTEREST RATE | 8.60% to 10.20% |
| LOAN TENURE | 30 Years |
| PROCESSING FEE | 0.25% of Loan Amount plus applicable taxes |
| GUARANTOR REQUIRED | Yes |
| PRE CLOSURE CHARGES | Nil |
Calculate Dena Gujarat Gramin Bank Home Loan EMI Calculate EMI Now
About Dena Gujarat Gramin Bank
Dena Gujarat Gramin Bank is a gramin bank in india established on 09-12-2005. It has headquarter in Gandhinagar and address is Balvantray Mehta Panchayat Bhavan, Near District Panchayat Office Sector-17, CH- Road , GANDHINAGAR - 382 017. it has 236 branches across the state.
It provides all the financial services to its customers like saving deposit, fixed deposit, recurring deposit, loans, personal loans, netbanking, RTGS, NEFT, IMPS, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and many more.
Dena Gujarat Gramin Bank Home Loan Interest Rates, Housing Loan at and 8.60% to 10.20% Updated on February 2024. Apply for Home Loan Online. Find Dena Gujarat Gramin Bank Home loan purpos, Eligibility, Margin, Repayment of Home Loan ,Security, Document Required for Home Loan from below.
Why Dena Gujarat Gramin Bank Home Loan?
- Dena Gujarat Gramin Bank provides a range of Home Loan Schemes designed for different needs of customers
- Interest Rate is very competitive and affordable
- Minimal Documentation
- It provides Flexible Repayment Options to the borrowers
- Easy and fast approval & disbursal of home loans
- Has dedicated team of well-experienced employees which also offer personalised service
- 24/7 customer care service of Dena Gujarat Gramin Bank offers timely assistance to the customers
Dena Gujarat Gramin Bank Home Loan Purpose
- Construction of new dwelling unit, purchasing of new|old dwelling units which are not older than 20 years.
- For dwelling units which are older than 20 years, Regional office will authorize such cases on selective basis, subject to ascertaining structural soundness of the building by obtaining an approved engineer's certificate, certifying the structural soundness as well as residual life of the building which should be at least 5 years more than the repayment period of the loan.
- Purchase of plot of land subject to the condition that a house will be constructed thereon within -2- years from the date of purchase of plot.
- Repayment of the loan already availed from any other Bank | Housing Finance Company and or other sources, provided documentary evidences are produced.
- For repairs |renovation|improvement |extension of the existing house
Dena Gujarat Gramin Bank Home Loan Eligibility
- The applicant must be an Indian citizen or a fully documented NRI. He, essentially, must be a Person of Indian Origin (PIO).
- The applicant's age must be in the range of 18 years and 70 years at the time of loan maturity.
- The applicant must be salaried or self-employed with a regular income.
- The applicant must earn more than the minimum required income.
Dena Gujarat Gramin Bank Home Loan Document Required
- Duly filled and signed application form with photograph
- Identity Proof- Aadhar Card, PAN Card, Passport, Driving License, Voter id card, ID-card issued by Government
- Address Proof - Aadhar Card, Passport, Driving License, Voter id card, Electricity/ Telephone/ Post-Paid Mobile bill, Bank statement
- Age Proof - Passport, Birth Certificate, PAN card, Driving License, Voter id card, Employee ID card (only for PSU/ Government employees), School/ College leaving certificate
- Form 16
- Latest 6 months salary slips for salaried persons
- Bank Statement of last 6 months
- Income Tax Returns (ITR) of last 3 years
- Last 3 years CA Certified or Audited Balance Sheet and Profit & Loss Account
- Processing fee Cheque
- Copies of the title documents of the property and the approved plan
- For Construction/ Renovation case, cost estimate from the Architect
Tax Benefits of availing Dena Gujarat Gramin Bank Home Loan
There are two types of tax benefits associated with home loan for Resident Indians:
Repayment of the Principal Amount: One can get a Tax rebate under section 80C of the Income Tax Act on whole amount repaid by him in a financial year, maximum upto Rs. 1,50,000/- each financial year (Increased from 1 Lakh to Rs. 1.5 Lakh in Budget 2014).
Repayment of the Interest on Home Loan: Tax Benefit on Home Loan for payment of Interest is allowed as a deduction under Section 24(1) of the Income Tax Act. One is eligible for a Tax Rebate of maximum of Rs. 2 lakh per financial year for home loan interest paid by him/her during that financial year.
Dena Gujarat Gramin Bank Home Loan Amount
Maximum Rs 200 LakhMargin
10% to 25%Dena Gujarat Gramin Bank Home Loan Repayment
Maximum 30 yearsSecurity
Mortgage of the property constructed | purchased.In Case of Prepayment of Dena Gujarat Gramin Bank Home Loan, will EMI change?
One can pre-pay Dena Gujarat Gramin Bank Home Loan without any prepayment charges as it allows prepayment at nil charges in case of floating rate home loans. If the borrower makes a prepayment, the outstanding balance of principal amount of his home loan reduces. Then in that case he has following 2 options:
- He can continue with the existing and reduce the loan tenure
- He can reduce the EMI and keep the loan tenure the same
Out of above 2 options, first option is more beneficial for the borrower as he pay less interest to the bank as the pay off home loan will be faster.
How to reduce your Home Loan EMI?
- Negotiate with your banker on lower interest rate
- Apply for longer tenure
- Give maximum amount as down payment
- Pre-pay loan amount
- Switch to another bank/ FI offering lower interest rate
Contact details of Dena Gujarat Gramin Bank, Dena Gujarat Gramin Bank SMS balance check number SMS banking, Dena Gujarat Gramin Bank mobile banking, Dena Gujarat Gramin Bank toll free number,Dena Gujarat Gramin Bank toll free number 24*7, Dena Gujarat Gramin Bank miss call number.
- CONTACT NUMBERS - 079-23247325,23247326,23247335
Dena Gujarat Gramin Bank Contact Details
- BANK OFFICIAL WEBSITE - https://www.dggb.co.in
- CONTACT NUMBERS - 079-23247325,23247326,23247335
- EMAIL ID - [email protected]
- TOTAL BRANCHES - 236
- HEADQUARTER - Gandhinagar
- BANK ADDRESS - Balvantray Mehta Panchayat Bhavan, Near District Panchayat Office Sector-17, CH- Road , GANDHINAGAR - 382 017
Dena Gujarat Gramin Bank Home Loan FAQs Home Loan Document Required
