Apply United Bank of India Home Loan online easily by following few steps and get approval within few minutes. Get Interest Rates ✔ Processing Fee ✔ Documentation ✔ Eligibility Criteria ✔ Schemes and Offers ✔ EMI ✔ Customer Care Numbers ✔ Branch Addresses ✔ and other details about United Bank of India Home Loan.

United Bank Housing Loan Purpose – Home Loan can be used for Purchase / Construction / Renovation / Repairs / Extensions / furnishing of house and flat / land purchase and construction thereon.

United Bank Home Loan Interest Rates

Interest Rates  8.45%
Loan Amount Limit
  • Maximum upto 3 crores (For Metro)
  • Maximum upto 75 lacs (For Urban)
  • Maximum upto 45 lacs (Semi-urban)
  • Maximum upto 25 lacs (For Rular)
Loan Tenure Maximum 30 years
Processing Fee 0.59%, Minimum Rs.1180/-; Maximum Rs.11800/-
Repayment Charges NIL
EMI at 1 Lakh for 30 Years Rs. 765/-
Customer Care Number 1800 345 0345

Eligibility Criteria For United Housing Loan

Age Limit Above 21-years to Maximum 70-years
Income Criteria Individuals having regular income i.e salaried /business/professionals and self-employed (PSEs) applicants
For Salaried Salaried person should be in regular & permanent service
For Self-Employed Established and experienced Professional & Self Employed & Business persons should be at least 02 years in Trade or Profession

Documents Required For United Bank Home Loan

For Salaried
Application Form Application form with all required details filled in.
Proof Of Identity Pan Card, Voters ID Card, Passport.
Proof Of Address Utility bills, ration card, passport.
Income Proof Latest 6 month salary slip And Form 16
Banking Last 6 months salaried bank statements
Salary Certificate Salary certificate or salary recovery undertaking letter from the employer in the case of salaried persons
For Self-Employed
Application Form Application form with all required details filled in.
Proof Of Identity Pan Card, Voters ID Card, Passport.
Proof Of Address Utility bills, ration card, passport.
Income Proof Profit/loss & balance sheet.
Banking Last 6 months salaried bank statements

United Bank Home Loan EMI Calculator

For making our users experience better we can show some pre-calculated example below

Loan Amount Interest Rates Repayment Period/Time EMI Per Month
6 Lakhs  8.45% 5 Years  Rs. 12,295
8 Lakhs  8.45% 7 Years  Rs. 12,649
10 Lakhs  8.45% 8 Years  Rs. 14,366
12 Lakhs  8.45% 9 Years  Rs. 15,904
15 Lakhs  8.45% 10 Years  Rs. 18,558
16 Lakhs  8.45% 12 Years  Rs. 17,716
18 Lakhs  8.45% 13 Years  Rs. 19,050
20 Lakhs  8.45% 14 Years  Rs. 20,341
22 Lakhs  8.45% 15 Years  Rs. 21,600
23 Lakhs  8.45% 18 Years  Rs. 20,756
26 Lakhs  8.45% 13 Years  Rs. 27,517
28 Lakhs  8.45% 10 Years  Rs. 34,641
29 Lakhs  8.45% 16 Years  Rs. 27,594
30 Lakhs  8.45% 15 Years  Rs. 29,454
31 Lakhs  8.45% 17 Years  Rs. 28,683
32 Lakhs  8.45% 16 Years  Rs. 30,448
33 Lakhs  8.45% 19 Years  Rs. 29,117
35 Lakhs  8.45% 20 Years  Rs. 30,263

United Bank Home Loan Eligibility Calculator

United Bank Home Loan amount depends on applicant’s income/salary, because as per policy a person can pay 50% to 60% (depends on bank to bank) total amount of monthly income in the form of EMIs.

Lets take an example : If applicant is getting Rs. 20,000/- per month then he or she is eligible to pay the total EMIs of Rs. 10,000/- to Rs. 12,000/- of EMI from his or her monthly income. If applicant has already personal loan and bike loan running and pays EMI of Rs. 4,000/- and Rs. 1500/- respectively per month, therefore the total deduction is Rs. 5500/- per month from income. Then the applicant is capable to pay the EMI of Rs. 4500/- or Rs. 6500/- only. The loan amount and eligibility depends on the few factors.

Eligibility Calculation = (50% – 60% of total income) – (if any other loans/EMIs/Policies is running)

Some Factors That Bank Checks During Loan Approval 

1. Remaining previous loan amount
2. EMIs/Policies
3. Some other expenses

How to Apply for United Bank Home Loan

It just takes 4 simple steps to get an instant Home Loan approval!
Step 1: Click here to go our online form. Fill-in all the details United Housing and submit the form at sbiloanrates.com
Step 2: Get an instant quote on loan amount and eligibility. Select your required loan amount and tenure.
Step 3: Our representative will get in touch with you for document collection and other formalities.
Step 4: Loan sanctioned and Money will be credited to your account within 72 working hours after disbursal!

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United Bank Home Loan Interest Rates – Jan 2019, EMI Eligibility Calculator
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