Tag Archives: ge money loan statement

GE Money Home Loan, Interest Rate and EMI Calculator Jan 2019

(Updated On 12.01.2019)  GE Money Home Loan EMI Calculator Jan 2019 – Get Instant Quick & Easy Approval on GE Money Home Loan. Loansninsurances.com provide a simple tool to calculate your Home Loan EMI on the basis of✓Interest Rate✓Loan Tenure✓Processing Fee✓Eligibility✓Best Offers & more.


Professional Details
Loan Amount
Yearly Income
Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

GE Money Home Loan

GE Money Financial Services Ltd. is one of the leading financial institutions to provide Home Loan at extensively competitive rates of interest. GE Money Home Loan has been skillfully developed to cater to the diverse needs of every individual to have a house/flat of their own. GE Money home loan is popularly known for its best home loan rates, longer tenor period, attractive offers on Loan Transfer from other banks, loan and family Insurance Cover on Home Loan, Income Tax benefit, simple documentation and much more. Know your home loan eligibility with GE Money Home loan Eligibility Calculator and get instant home loan approval.

GE Money has the best customized Personal loan options for both salaried and self-employed individuals.

GE Money Home Loan Interest Rate

Interest Rate floating interest rates (subject to change)
Processing fee range As applicable
Loan Amount 2 crores or 80% of the property value
Tenure 20 years

GE Money Home Loan features

  • – Home Loans upto Rs. 2 Crores
  • – Attractive interest rates
  • – Up to 80% of property value as loan
  • – Loans for ready to move-in residential properties
  • – Longer tenor of up to 20 years
  • – Attractive offers on Loan Transfer from other banks
  • – Insurance Cover on your Home Loan
  • – Income Tax benefits
  • – Simple documentation and doorstep service

Steps: Application Process for Home Loan

Simply Approval

Approval for a Home Loan now

Get Details

Within the next 24 hours, our representative will contact you to explain the product in detail and collect the documents.

Process begins

In the next 48 hours, GE Money validates your documents and sends them for Credit Appraisal.

Loan approved

After this we inform you about the loan approval with an Offer Letter.


You accept the offer.


A GE Money lawyer vets out your legal documents and a site engineer visits the site to verify property, stage of construction, etc. Thereafter, our representative meets you to get the loan documents signed and PDCs collected. This happens within 48 hours from your acceptance

Loan is yours

In just 24 hours loan disbursement formalities are completed.


You receive your cheque/DD.

GE Money Home Loan EMI Calculator

Just by entering the following inputs in the EMI calculator, you will get an indicative amount of EMI:

  1. Intended loan amount in INR
  2. Number of years you wish to pay in months or year.
  3. Interest rate, which you have opted for home loan in percent

By entering these values, you can get an indicative amount of your EMI. For an example, a loan amount of Rs. 22,00,000 @ interest rate of 11.5% per annum for the period of 300 months would indicate an EMI of Rs. 22362.32 per month The formula for EMI (in arrears) is:
emi-calculatorWhere E is EMI, P is Principal Loan Amount, r is rate of interest calculated on monthly basis. (i.e., r = Rate of Annual interest/12/100. If rate of interest is 10.25% per annum, then r = 10.25/12/100=0.00854)

 GE Money Home Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Home Loan EMI within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

Yearly calculated values for home loan amount of Rs. 22,00,000 @interest rate of 11.5% for 300 months

1 RS. 16,179 RS. 252,165 RS. 2,183,821
2 RS. 18,139 RS. 250,205 RS. 2,165,682
3 RS. 20,341 RS. 248,003 RS. 2,145,341
4 RS. 22,808 RS. 245,536 RS. 2,122,533
5 RS. 25,573 RS. 242,771 RS. 2,096,960
6 RS. 28,675 RS. 239,669 RS. 2,068,285
7 RS. 32,151 RS. 236,193 RS. 2,036,134
8 RS. 36,049 RS. 232,295 RS. 2,000,085
9 RS. 40,422 RS. 227,922 RS. 1,959,663
10 RS. 45,322 RS. 223,022 RS. 1,914,341
11 RS. 50,818 RS. 217,526 RS. 1,863,523
12 RS. 56,978 RS. 211,366 RS. 1,806,545
13 RS. 63,892 RS. 204,452 RS. 1,742,653
14 RS. 71,637 RS. 196,707 RS. 1,671,016
15 RS. 80,321 RS. 188,023 RS. 1,590,695
16 RS. 90,063 RS. 178,281 RS. 1,500,632
17 RS. 100,985 RS. 167,359 RS. 1,399,647
18 RS. 113,230 RS. 155,114 RS. 1,286,417
19 RS. 126,960 RS. 141,384 RS. 1,159,457
20 RS. 142,354 RS. 125,990 RS. 1,017,103
21 RS. 159,617 RS. 108,727 RS. 857,486
22 RS. 178,970 RS. 89,374 RS. 678,516
23 RS. 200,675 RS. 67,669 RS. 477,841
24 RS. 225,007 RS. 43,337 RS. 252,834
25 RS. 253,051 RS. 16,053 RS. 0

GE Money Home Loan Documents Required

Identity Proof (any One): Passport / Voter ID card / Photo credit card / Pan card / Driving license / Present employer ID card
Signature Verification (any One): Pan card / Driving license / Passport / Credit card / Verification from bank Residence Proof (any One): Ration card / Utility bills / Passport / Voter ID card / Live lease deed / Present employers certificate

Income Proof
Salaried Individuals

• Latest Salary Slip showing statutory deductions, and
• Form 16 (duly signed by authorised signatory of the company), Or
• Latest acknowledged IT Returns
• Bank Statement from main account for the last 6 months

Self-employed Individuals
• Duly acknowledged IT Returns and computation of Income for latest 2 yrs, and
• Bank Statement from main account for the last 6 months
• Copies of Self Attested or Audited financial statements of the firm/ Company in which applicant/ co-applicant is the partner/ Owner/ Director (as the case may be)
• Partnership Deed, Articles and MOA of the company (as the case may be)
• A recent passport size photograph duly signed by the applicant and the co-applicant.

A recent passport size photograph duly signed by the applicant and the co-applicant.
• Schedule + 12 months of bank statements OR 12 months Repayment Track from Approved Financier with 6 months bank statement showing 6 EMI debits.
• Photocopy of RC in case of auto loan surrogate. In case of Top up, please give proof of loan continuity.
• In case you would like to give cheques from a different a/c, complete 6 months bank statement for the same account is required
• Bank Statement Verification Authorisation letter duly signed by you
• Valid Business ownership Proof.