Narmada Jhabua Gramin Bank Home Loan Interest Rate at 10.10% to 10.20%

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

Calculate Narmada Jhabua Gramin Bank Home Loan EMI Calculate EMI Now

About Narmada Jhabua Gramin Bank

Narmada Jhabua Gramin Bank is a gramin bank in india established on 11-01-2012. It has headquarter in Indore and address is 201, Arcade Silver, New Palasia, Indore - 452 001, Madhya Pradesh. it has 400 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.

Narmada Jhabua Gramin Bank Home Loan Interest Rates, Housing Loan at and 10.10% to 10.20% Updated on July 2025. Apply for Home Loan Online. Find Narmada Jhabua Gramin Bank Home loan purpos, Eligibility, Margin, Repayment of Home Loan ,Security, Document Required for Home Loan from below.

Why Narmada Jhabua Gramin Bank Home Loan?

1. Narmada Jhabua 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 Narmada Jhabua Gramin Bank offers timely assistance to the customers

Narmada Jhabua Gramin Bank Home Loan Purpose

The main purpose of the this scheme is to buy , repair, extend and maintain the house.

Narmada Jhabua 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.

Narmada Jhabua 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 Narmada Jhabua 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.

Narmada Jhabua Gramin Bank Home Loan Amount

Rs. 1 lakh (min.) to Rs. 100 lakh (max.)

Narmada Jhabua Gramin Bank Home Loan Repayment

Maximum 30 years

Security

Mortgage of the property constructed | purchased.

In Case of Prepayment of Narmada Jhabua Gramin Bank Home Loan, will EMI change?

One can pre-pay Narmada Jhabua 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 Narmada Jhabua Gramin Bank, Narmada Jhabua Gramin Bank SMS balance check number SMS banking, Narmada Jhabua Gramin Bank mobile banking, Narmada Jhabua Gramin Bank toll free number,Narmada Jhabua Gramin Bank toll free number 24*7, Narmada Jhabua Gramin Bank miss call number.

• CUSTOMER CARE NUMBERS - 18002336295
• CONTACT NUMBERS - 0731-2549053 - 56

Narmada Jhabua Gramin Bank Contact Details

• BANK OFFICIAL WEBSITE - https://www.njgb.in
• CONTACT NUMBERS - 0731-2549053 - 56
• EMAIL ID - [email protected]
• CUSTOMER CARE NO. - 18002336295
• TOTAL BRANCHES - 400
• HEADQUARTER - Indore
• BANK ADDRESS - 201, Arcade Silver, New Palasia, Indore - 452 001, Madhya Pradesh

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