Indian Overseas Bank Emi Calculator

Will you please provide me the Indian Overseas Bank Emi Calculator?

You are looking for the Indian Overseas Bank Emi Calculator here i am forwarding a link from where you can get the Indian Overseas Bank Emi Calculator.

The link is:
deal4loans.com/Contents_Calculators.php



After going on above link it’ll display a page that looks similar as the screen shot given above, on where fill all following things:

Loan Amount
Interest Rate (Reducing)
Loan Tenure (in Months)
Calculated Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

Click on “CALCULATE”.

Contact:
Indian Overseas Bank
Station Road Ajmer-0, Station Road, Ajmer, Rajasthan 305001 ‎
0145 242 9022

Map:

As you want to get the details of the Home Loan rates of the Indian Overseas Bank, so here I am providing the following details:

Eligibility for Home Loan
Groups of individuals
Members of Co-operative Societies
Individuals not more than 55 years of age
However Individuals may be considered at the age of 60 provided their legal heirs join along with them.
Loan must be liquidated before attaining 70 Years of age. - Home

For salaried individual
A permanent job with a minimum of 2 or 3 years service

For self-employed professional
A minimum period of three years of activity in the related field

HOME LOAN RATE
Name of Scheme Floating Interest Rate % p.a.
Pushpaka - Loan for purchase of new vehicles 10.75
Sahayika - Loan to meet social financial commitments 14

Sanjeevini - Loan to medical practitioners for setting
up nursing homes/hospitals and for purchase of equipments 13.25

Pensioners' Loan Scheme - loan to pensioners for meeting
immediate emergency needs 14.25

Home Décor - loan for furnishing your home. 13

Liquirent - loan against future rent receivables 15.25

Akshay - loan against life policies of LIC and private
insurers approved by IRDA 14

Vidya jyothi - loan for pursuing higher education

up to Rs.4 lac 12.25
>Rs 4 lac and up to Rs. 7.5 Lacs 13.5
Above Rs.7.5 lacs 13.25
Clean Loan - loan to employees of reputed organisations
to meet personal expenditure 15.25

Easy Trade Finance - Hassle free working capital finance
and term loan to retail traders Working Capital : 13.25
Term Loan : 13.75

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Answered By StudyChaCha Member

Will you please tell which are the documents required to apply for Home Loan at Indian Overseas Bank (IOB) ?

Indian Overseas Bank is an ISO certified financial organization . Bank having network of 3257 branches .

Documents required to apply for an IOB Home Loan:

Signed application form .

Photographs.

Processing fee Cheque

Latest bank statements

ID and residence proof

Documentation for salaried applicants:

Last 3 years Income Tax Returns with computation of Income

Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

Documentation for self-employed applicants:

Latest income tax returns
Latest comupation of income

Eligibility

Groups of individuals

Members of Co-operative Societies

Age :
not more than 55 years of age.

Loan must be liquidated :
Before attaining 70 Years of age.

IOB Home Loan Details
Interest Rate (Floating)

Base Rate (BR) = 9.90%
9.90% to 10.15%

Women - 9.90%

Processing Fees :
0.58% of the loan amount- maximum of Rs. 15,000

Loan Tenure :
30 years

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Answered By StudyChaCha Member