Dombivli Nagari Sahakari Bank Limited Home Loan Interest Rate at 9.35% to 10.55%
| INTEREST RATE | 9.35% to 10.55% |
| LOAN TENURE | 20 Years |
| PROCESSING FEE | As decided by the bank from time to time |
| GUARANTOR REQUIRED | Yes |
| PRE CLOSURE CHARGES | Nil |
Calculate Dombivli Nagari Sahakari Bank Home Loan EMI Calculate EMI Now
About Dombivli Nagari Sahakari Bank
Dombivli Nagari Sahakari Bank Limited is a Co-operative bank in india. Dombivli Nagari Sahakari Bank Limited was founded on 09-06-1970. It provides all the financial services to its customers like saving deposit, fixed deposit, recurring deposit, home loans, personal loan, car loan, education loan, gold loan, PPF account, lockers, netbanking, mobile banking, RTGS, NEFT, IMPS, E-Wallet, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and many more.
Find details about Dombivli Nagari Sahakari Bank Limited which includes Dombivli Nagari Sahakari Bank Limited Official Website, Dombivli Nagari Sahakari Bank Limited ATMs accross the India, Dombivli Nagari Sahakari Bank Limited Branches accross the India, Dombivli Nagari Sahakari Bank Limited Contact Numbers, Dombivli Nagari Sahakari Bank Limited official EmailID, Dombivli Nagari Sahakari Bank Limited Headquarter and Dombivli Nagari Sahakari Bank Limited Headquarter Address. Find Dombivli Nagari Sahakari Bank Limited Home loan purpose, Eligibility, Margin, Repayment of Home Loan ,Security, Document Required for Home Loan from below.
Why Dombivli Nagari Sahakari Bank Home Loan?
- Dombivli Nagari Sahakari 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 Dombivli Nagari Sahakari Bank offers timely assistance to the customers
Dombivli Nagari Sahakari Bank Home Loan Purpose
For purchase of new Flat / Bungalow.Construction of own house.
Dombivli Nagari Sahakari 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.
Dombivli Nagari Sahakari 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 Dombivli Nagari Sahakari 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.
Dombivli Nagari Sahakari Bank Home Loan Amount
Max. Limit Rs.70.00 lakhEligible loan amount will be calculated based on Agreement Cost plus insurance premium by maintaining stipulated margin.
Margin
20% to 25% for first purchase of a Flat / House in new building.Dombivli Nagari Sahakari Bank Home Loan Repayment
20 Years maximum.Security
Primary : Dwelling unit to be purchased / constructed out of bank finance.Collateral : Liquid Security in the form of Term Deposit of our Bank equivalent to 10% of the loan amount sanctioned. Assignment of Single Premium Term Insurance Policy on the life of the proponent/s - sum assured should be equivalent to the loan amount sanctioned with term should a least minimum up to the repayment period.
In Case of Prepayment of Dombivli Nagari Sahakari Bank Home Loan, will EMI change?
One can pre-pay Dombivli Nagari Sahakari 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 Dombivli Nagari Sahakari Bank Limited, Dombivli Nagari Sahakari Bank Limited SMS balance check number SMS banking, Dombivli Nagari Sahakari Bank Limited mobile banking, Dombivli Nagari Sahakari Bank Limited toll free number,Dombivli Nagari Sahakari Bank Limited toll free number 24*7, Dombivli Nagari Sahakari Bank Limited miss call number.
- CUSTOMER CARE NUMBERS - 18002331700
- CONTACT NUMBERS - 251-2875000 to 2875010, 1800-233-1700
Dombivli Nagari Sahakari Bank Limited Contact Details
- BANK OFFICIAL WEBSITE - https://www.dnsbank.in/
- CONTACT NUMBERS - 251-2875000 to 2875010, 1800-233-1700
- EMAIL ID - [email protected]
- CUSTOMER CARE NO. - 18002331700
- TOTAL BRANCHES - 73
- TOTAL ATMS - 52
- HEADQUARTER - Mumbai
- BANK ADDRESS - "Madhukunj", Plot No.P-52, MIDC Phase II, Kalyan Shil Rd., Sonarpada, Dombivili (East), Maharashtra Pincode-421204
Dombivli Nagari Sahakari Bank Home Loan FAQs Home Loan Document Required
