Jharkhand Rajya Gramin Bank Home Loan Interest Rate at 8.75% to 9.05%

Note: Updated on July 2025, for latest interest rates, please visit bank website.

Calculate Jharkhand Rajya Gramin Bank Home Loan EMI Calculate EMI Now

About Jharkhand Rajya Gramin Bank

Jharkhand Rajya Gramin Bank is a gramin bank in india established on 04-01-2019. It has headquarter in Ranchi and address is Market Place, 3 rd floor, Zila Parishad Bhawan, Ranchi PIN-834001. it has 0 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.

Jharkhand Rajya Gramin Bank Home Loan Interest Rates, Housing Loan at and 8.75% to 9.05% Updated on July 2025. Apply for Home Loan Online. Find Jharkhand Rajya Gramin Bank Home loan purpos, Eligibility, Margin, Repayment of Home Loan ,Security, Document Required for Home Loan from below.

Why Jharkhand Rajya Gramin Bank Home Loan?

1. Jharkhand Rajya Gramin Bank provides a range of Home Loan Schemes designed for different needs of customers
2. Interest Rate is very competitive and affordable
3. Minimal Documentation
4. It provides Flexible Repayment Options to the borrowers
5. Easy and fast approval & disbursal of home loans
6. Has dedicated team of well-experienced employees which also offer personalised service
7. 24/7 customer care service of Jharkhand Rajya Gramin Bank offers timely assistance to the customers

Jharkhand Rajya Gramin Bank Home Loan Purpose

• To purchase or construct a new or old house or flat
• To repair, renovate, extend, alter an existing house
• To purchase ready flat or house from housing societies or State Government Housing Board or private builder
• To buy consumer durables for a new house under Total Home Loan Scheme

Jharkhand Rajya 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.

Jharkhand Rajya Gramin Bank Home Loan Document Required

1. Duly filled and signed application form with photograph
2. Identity Proof- Aadhar Card, PAN Card, Passport, Driving License, Voter id card, ID-card issued by Government
3. Address Proof - Aadhar Card, Passport, Driving License, Voter id card, Electricity/ Telephone/ Post-Paid Mobile bill, Bank statement
4. Age Proof - Passport, Birth Certificate, PAN card, Driving License, Voter id card, Employee ID card (only for PSU/ Government employees), School/ College leaving certificate
5. Form 16
6. Latest 6 months salary slips for salaried persons
7. Bank Statement of last 6 months
8. Income Tax Returns (ITR) of last 3 years
9. Last 3 years CA Certified or Audited Balance Sheet and Profit & Loss Account
10. Processing fee Cheque
11. Copies of the title documents of the property and the approved plan
12. For Construction/ Renovation case, cost estimate from the Architect

Tax Benefits of availing Jharkhand Rajya 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.

Jharkhand Rajya Gramin Bank Home Loan Repayment

Max. 30 years inclusive of moratorium period, if any
For repairs/ renovation / alterations to the house/flat: Max.15 years inclusive of moratorium period, if any

Security

Mortgage of the property constructed | purchased.

In Case of Prepayment of Jharkhand Rajya Gramin Bank Home Loan, will EMI change?

One can pre-pay Jharkhand Rajya 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:

1. He can continue with the existing and reduce the loan tenure
2. 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 Jharkhand Rajya Gramin Bank, Jharkhand Rajya Gramin Bank SMS balance check number SMS banking, Jharkhand Rajya Gramin Bank mobile banking, Jharkhand Rajya Gramin Bank toll free number,Jharkhand Rajya Gramin Bank toll free number 24*7, Jharkhand Rajya Gramin Bank miss call number.

• CONTACT NUMBERS - 0651-2210095

Jharkhand Rajya Gramin Bank Contact Details

• BANK OFFICIAL WEBSITE - https://jrgbank.in/
• CONTACT NUMBERS - 0651-2210095
• EMAIL ID - [email protected], [email protected]
• TOTAL BRANCHES - 0
• HEADQUARTER - Ranchi
• BANK ADDRESS - Market Place, 3 rd floor, Zila Parishad Bhawan, Ranchi PIN-834001

Jharkhand Rajya Gramin Bank EMI Calculator  Jharkhand Rajya Gramin Bank Branches
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