Apply Vijaya Bank 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 Vijaya Bank Home Loan.

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

Vijaya Bank Home Loan Interest Rates

Interest Rates 8.70% onwards
Processing Fee  0.50 % of the amount sanctioned with min. of  Rs.1000/- & max. of Rs.20000/- plus GST
Loan Tenure Upto 30 years or the age of 75 years, which ever is earlier
Loan Amount Limit Minimum Loan Amount Rs.1 Lakh – Maximum No Limit(Need Based)
Prepayment Charges Nil
EMI at 1 Lakh for 30 Years Rs. 783%
Customer Care Number 1800 425 5885 / 1800 425 9992 / 1800 425 4066

Eligibility Criteria For Vijaya Bank Home Loan

Age Limit Minimum Age 21 years – Maximum Age 65 years
Income Criteria Applicant should have regular source of income

Documents Required For Vijaya Bank Home Loan

For Salaried
Application Form Application form with all required details filled in.
Photographs 2-photographs
Proof Of Identity Pan Card, Voters ID Card, Passport.
Proof Of Address Utility bills, ration card, passport.
Income Proof Latest IT returns for 2 years with salary slip for the last 3 months of the applicant
Documents And Records All the Land records and documents in original and two sets of copies
License License for construction/renovation of House/Flat
Approved Plan Approved plan / Blue print for the proposed construction or extension
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 Statement & balance sheet.
Documents And Records All the Land records and documents in original and two sets of copies
License License for construction/renovation of House/Flat
Approved Plan Approved paln / Blue print for the proposed construction or extension

Home Loan Margin On Capital Cost

Upto Rs.30 Lakhs 10%
Above Rs.30 Lakhs Upto Rs. 75 Lakhs 20%
Above Rs.75 Lakhs 25%

Vijaya 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
5 Lakhs  8.50% 5 Years  Rs. 10,258/-
6 Lakhs  8.50% 7 Years  Rs. 9,502/-
10 Lakhs  8.50% 8 Years  Rs. 14,392/-
12 Lakhs  8.50% 9 Years  Rs. 15,935/-
15 Lakhs  8.50% 10 Years  Rs. 18,598/-
16 Lakhs  8.50% 12 Years  Rs. 17,761/-
18 Lakhs  8.50% 15 Years  Rs. 17,725/-
20 Lakhs  8.50% 14 Years  Rs. 20,398/-
22 Lakhs  8.50% 16 Years  Rs. 21,999/-
23 Lakhs  8.50% 20 Years  Rs. 19,960/-
25 Lakhs  8.50% 12 Years  Rs. 27,751/-
28 Lakhs  8.50% 10 Years  Rs. 34,716/-
29 Lakhs  8.50% 17 Years  Rs. 26,920/-
30 Lakhs  8.50% 15 Years  Rs. 29,542/-
31 Lakhs  8.50% 18 Years  Rs. 28,069/-
32 Lakhs  8.50% 17 Years  Rs. 29,705/-
34 Lakhs  8.50% 19 Years  Rs. 30,105/-
35 Lakhs  8.50% 20 Years  Rs. 30,373/-

Vijaya Bank Home Loan Eligibility Calculator

Vijaya 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)

Some Factors That Bank Checks During Loan Approval

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

How to Apply for Vijaya Bank Home Loan Applying Home Loan online is simple.

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