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Oriental Bank of Commerce (OBC) Home Loan, Interest Rate and EMI Calculator Jan 2019

(Updated on 11.01.2019) Oriental Bank of Commerce (OBC) Home Loan EMI Calculator Jan 2019 – Get Instant Quick & Easy Approval on Oriental Bank of Commerce 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.

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Oriental Bank of Commerce Home Loan

Oriental Bank of Commerce provides you a perfect & suitable home loan for purchasing land & construction of a house thereon, for buying built up/ semi-built up house or flat, to extend/improve/repair the existing house or flat, etc. OBC Home Loan has the easiest application process, flexible repayment options, longer loan tenure, no pre-payment charges and much more to help you get a home of your choice. Check out your Home Loan Eligibility and get the best deal with OBC Home Loan Eligibility Calculator for the best-in-class home loan.

You can also avail Oriental Bank of Commerce personal loan to meet your unexpected financial emergencies at any point of time.

Oriental Bank Of Commerce Home Loan Interest Rates

Rate Of Interest

Up to 30 lakhs

1 year MCLR for a margin of more than or equal to 20%

1 Year MCLR + 0.10% for a margin of greater than or equal to 10 % but lesser than 20%

Above Rs. 30 lakhs and upto RS. 75 lakhs

1 year MCLR for a margin of more than or equal to 25%

1 Year MCLR + 0.10% for a margin of greater than or equal to 20 % but lesser than 25%

Above Rs. 75 lakhs

1 year MCLR for a margin of more than or equal to 25%

For Three Houses onwards

Rate of Interest

Applicable Loan Amount

BR+0.50%=10.20%

Oriental Bank Of Commerce Home Loan EMI Calculator

Oriental Bank of Commerce 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

Oriental Bank Of Commerce Home Loan Eligibility

  • 18 years as on date of application

  • For salaried (with pension) & other Individuals up to 70 years

  • For Salaried ( Non Pensionable) upto 60 years or superannuation, which is earlier

  • Individuals or group of specified individuals (co-borrowers) having an assured source of regular income viz. salaried / self-employed persons, professionals, businessmen, farmers etc.(including Staff & NRIs)

Oriental Bank Of Commerce Home Loan Documents Required

  • Signed application form with passport size photo.

  • Identity proof: PAN card, Voter ID card, Driving license etc.

  • Proof of residence: Electricity bill, Valid passport, Voter Id card, Latest telephone bill.

  • Proof of age

  • Last 6 months bank statements

    For salaried individuals:

  • Previous three years income tax returns along with income computation
  • Recent salary slips

     For self-employed individuals:

  • Previous two years income tax returns
  • Most recent income computation

     For agriculturists:

                 – Income proof

                 – Proof of ownership of land

Documentation relating to property such as

  • Advocates report stating clearance of Title
  • Report of valuation acquired from an architect on Oriental Bank of Commerce’s panel

Oriental Bank of Commerce Home Loan PrepaymentsPrepayment Charges- Nill

ORIENTAL BANK OF COMMERCE MCLR JAN 2019

Loan Tenure MCLR
Overnight 8.30%
1 Month 8.45%
3 Months 8.50%
6 Months 8.70%
1 Year 8.75%