|Loan Name||Interest Rate||Processing Fee||Loan Amount||Tenure|
|AllBank Housing Loan||8.80% - 9.10%||0.40% of loan amount||up to Rs 500 lakhs||30 years|
|All Bank Home Plus||MCLR + 1.25% per annum||0||up to Rs 75,00,000||up to 25 years|
Q: What are the documents required to avail home loan from Allahabad Bank?
A: The following documents are required to avail a personal loan from Allahabad bank :
Q: What interest rates do Allahabad Bank provide for home loan borrowers?
A: Allahabad Bank offering home loan with lowest interest rates.
The interest rate range is from 8.70% to 9.25%.
Q: Can I get tax benefit on home loan from Allahabad Bank?
A: As per the Indian Income Tax Act of 1961, residents of India are eligible for tax benefits on the principal amount and interest components of a home loan under the Section 24 and Section 80C of Income Tax Act.
Q: What is the eligibility criteria to apply for a home loan in Allahabad bank?
A: Before applying for Allahabad Bank Housing Loans, you need to check whether you are eligible to apply for an Allahabad Bank Home loan:
Q: Can I add my spouse income while applying for a home loan?
A: Yes, you can add the income of your spouse to increase your loan eligibility if the spouse is co-owner of the property.