CSB Home Loan - 9.61% for Home Loan - New Purchase Home Loan

CSB Bank Ltd., formerly known as The Catholic Syrian Bank Ltd., provides home loans starting at 9.69% p.a. onwards for tenures of up to 20 years.

The bank also offers CSB Nivas Loan – a loan facility for purchasing plots for the purpose of constructing home property within 3 years.

The bank offers a repayment holiday period of up to 12 months on its home loans.

Interest Rates	9.61% – 13.18% p.a.
Tenure	Up to 20 years
Maximum Funding	Up to 75% of the purchase/construction cost or loan eligibility (whichever is lower)
Processing Fee	0.50% of the loan amount

 

Key Features of CSB Home Loan:

1. Quick processing.

2. Simple documentation.

3. Zero prepayment penalty.

4. Loans for both residents & NRIs.

5. More benefits with PMAY (Pradhan Mantri Awas Yojana)

 

CSB Home loan interest depends upon:

1. Your Salary:

Income helps you in identifying your rate of interest.

Bank's rate varies with your monthly income. Higher the income, lesser will be the rate

 

2. Type of loan opted for:

CSB also offers differential rates for women borrowers and also under their fixed and floating rate schemes.

The rate of interest may be higher or lower under their special or popular loan product offers.

 

3. Existing bank customers:

CSB offers one of the lowest home loan rates to its existing bank account customers in view of their past relationship with the bank.

 

CSB Home Loan:

Apply

Apply for an CSB Home Loan easily on ApnaRupee.com – a channel partner for India’s top banks.
Our loan experts assist you throughout the process – from documentation to disbursal.
You can also compare CSB Home Loan rates with other banks before choosing the best deal for your home loan needs.

 

CSB Home Loan Documents:

 

For Salaried employees:

1. Filled up loan application form.

2. Two Passport Size Photo.

3. ITR of last 2 years.

4. Identity Proof - Passport/ Driving License/ Voter ID/ PAN.

5. Residential Address Proof - Leave and License/ Registered Rent Agreement/ Utility Bill (up to 3 months old), Passport.

6. Income Documents – 6 months’ pay slip, 2 years Form 16, 6 months bank statement showing salary credit and any EMI debit.

7. Property Documents - Past title chain: Conveyance deed, Sales deed, Allotment letter, Possession letter, Latest property tax receipt, Copy of approved plan for construction/ extension.

 

For Self-Employed:

1. Filled up loan application form.

2. Two Passport Size Photo.

3. Identity Proof - Passport/ Driving License/ Voter ID/ PAN.

4. Residential Address Proof - Leave and License/ Registered Rent Agreement/ Utility Bill (up to 3 months old), Passport.

5. Business proof such as VAT/ service tax registration, incorporation details in case of companies, business address proof, profit and loss account and balance sheets certified by CA, copy of partnership deed and proof of business existence and business profile.

6. Property Documents - Past title chain: Conveyance deed, Sales deed, Allotment letter, Possession letter, Latest property tax receipt, Copy of approved plan for construction/ extension.

 

Frequently Asked Questions:

3. What factors determine the interest rates of CSB home loan applicants?

Ans. CSB bank sets interest rates for its home loan applicants based on their credit profile, loan amount, tenure, property type and other risk parameters.