ING Vysya Home Loan Interest Rate

Customers are pleased in availing home loan to reach the successful milestone of home loan from ING Vysya Home Loan. The bank offers home loan for both salaried and business professionals. The necessary documents for the home loan are listed.

ing vysya bank

Documents for home loan from salaried employees:

  • Completed application form
  • Processing fees cheque
  • Identification Proof
  • Residential proof
  • Signatures Proof
  • Last 3 months salary slip
  • Form 16
  • Last 3 months bank statement

Documents for Business persons:

  • Complete application form
  • Identification Proof
  • Residence Proof
  • Last 3 year ITR
  • Last 6 months bank statement
  • Processing fees cheque

Purpose of home loan:

Individuals should concentrate on applying home loan for Construction, Extension, and Renovation of the property. Alteration of an existing property comes under this catageory only. Purchase of a Resale House or Flat is an added feature to the list. Balance Transfer from other Banks Financial Institutions with Top up Loan should be included.

Benefits for ING Vysya Home Loan Interest Rate

Competitive interest rates, the Funding on the loan amount is up to 85% of the cost of Property. The Floating Rate loans linked to Home Loan Prime Lending Rate. The EMI on a daily reducing balance method is also a flexible repayment option. The Maximum Loan Tenor up to 20 years. The customers are impressed by the loan Prepayment as there is no penality on these after 6 months of loan allotment. Attractive interest rates are the prime motto of the ING Vysya Home Loan Interest Rate. Customers are interested on the flexible Repayment options up to 20years from loan approval. The processing fee on loan amount is 0. 5% and service tax can be collected at the application submission.

ING Vysya Home Loan Interest Rate

Most of the customers are bothered about the interest rates to avail a home loan. The ING Vysya Home Loan supports the individuals to clear the tension about the loan interest. The interest rate on loan amount upto Rs. 75lac is 10.25% and the interest rate is 10.75% for an amount above Rs. 75lacs and higher than that amount. The prepayment charge on the loan amount is 2%. The loan amount is availing charge as 2% on balance transfer for home loans.

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