COMPARE : HOME LOANS
Oriental Bank of Commerce Home Loan
Introduction
Oriental Bank of Commerce provides housing loan for Construction/ purchase of Residential House/ Flat and for Repairs / Renovation/ Furnishing of house. Loan amount for construction, etc is 40 times in case of individual and 60 times for salaried persons - of Gross Monthly Income, for repairs, etc, amount is Max. Rs.10.00 lacs or 30% value of House/ flat whichever is lower. Bank keeps mortgage of property as security. Bank has simple documentation and criteria set for loan borrowers.
Highlights
Interest Rate 0%
Loan Amount Min. - Rs 100000
Max. - Rs 10000000
Tenure Min. - 1 Yrs.
Max. - 20 Yrs.
Time to Process Loan 7 days
Interest Rates
Tenure Interest Type Interest Rate Offer
10 - 20 Yrs. Floating 11.5 %  
5 - 10 Yrs. Floating 11.25 %  
1 - 5 Yrs. Floating 11 %  
 Fees & charges
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