DCB Bank is offering home loans with an appealing interest rate of 9.75% per annum on amounts up to Rs 5 crore, along with flexible repayment plans extending to 20 years. This offer caters to both salaried and self-employed individuals, allowing them to obtain up to 90% of the property's value.

To apply for a DCB Bank Home Loan, prospective borrowers can input their mobile number, loan amount, and property city. By submitting these details, applicants consent to the bank's Credit Report Terms of Use, Terms of Use, and Privacy Policy.

Effective as of March 21, 2024, the DCB Bank Home Loan features various highlights. The interest rate spans from 9.75% to 14.50% annually, influenced by the loan amount and the applicant's employment profile. Loan amounts range from Rs 10 lakh to Rs 5 crore, with up to 90% of the property value available as a loan.

Regarding charges and fees, a processing fee of up to 2% of the loan amount applies, with a minimum of Rs 5,000. Additionally, an annual maintenance charge of up to 1% on the principal outstanding is imposed. No prepayment charges are incurred for floating rate home loans.

Applicants can assess competitive interest rates from other financial institutions while reviewing the eligibility criteria and required documents for a DCB Bank Home Loan. Key aspects the bank evaluates include the applicant's credit score, employer's profile, and minimum monthly income.

The interest rates for salaried applicants vary as follows:

• Up to Rs 10 lakh: 9.75% to 11.50%
• Rs 10 lakh to Rs 15 lakh: 9.75% to 11.30%
• Rs 15 lakh to Rs 20 lakh: 9.75% to 11.20%
• Rs 20 lakh to Rs 30 lakh: 9.75% to 10.75%
• Rs 30 lakh to Rs 75 lakh: 9.75% to 10.50%
• Above Rs 75 lakh: 9.75% to 10.50%

For self-employed applicants, the rates adjust as follows:

• Up to Rs 10 lakh: 9.75% to 14.50%
• Rs 10 lakh to Rs 15 lakh: 9.75% to 13.50%
• Rs 15 lakh to Rs 20 lakh: 9.75% to 13.00%
• Rs 20 lakh to Rs 30 lakh: 9.75% to 12.00%
• Rs 30 lakh to Rs 75 lakh: 9.75% to 10.75%
• Above Rs 75 lakh: 9.75% to 10.75%

Prospective borrowers also have the option to compare DCB Bank's offerings with those from top banks and housing finance firms such as SBI, HDFC Bank, LIC Housing Finance, ICICI Bank, PNB Housing Finance, and others.

To assist applicants further, DCB Bank offers a home loan EMI calculator. By inputting the loan amount, interest rate, and tenure, applicants can quickly determine their monthly EMIs and total interest payable throughout the loan period.

For queries about DCB Bank Home Loans, customers can contact customer support via toll-free numbers 1800 209 5363 or 1800 123 5363, or email customercare@dcbbank.com.

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