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COMPARE : HOME LOANS |
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Oriental Bank of Commerce Home Loan |
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Introduction |
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1. Purchase of land and construction of a house thereon.
2. Construction of house, where in the plot/land already owned by the applicant.
3. To buy built up (new or second hand) / semi built up house or flat.
4. To Extend/improve/repair, the existing house or flat.
5. To buy a flat under construction or proposed to be constructed
6. For Home furnishing, furniture / fixtures embedded to structure or otherwise.. |
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Highlights |
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Interest Rate |
0% |
Loan Amount |
Upto Loan Rs. 20.00 Lacs - 15%
Above Rs. 20.00 Lacs & Upto Rs. 75.00 Lacs - 20%
Above Rs. 75.00 Lacs - 25%
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Tenure |
Min. - 1 Yrs.
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Time to Process Loan |
7 days |
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Interest Rates
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Tenure |
Interest Type |
Interest Rate |
Offer |
1 - 30 Yrs. |
Floating |
10.25 % |
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Fees & charges
Fees & charges
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Processing Fee |
0.5 % |
Late Payment Penalty |
2 % |
Pre-Payment Charges |
2 % |
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Security
Security |
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Equitable/ Registered Mortgage of financed property/property proposed to be furnished |
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