DCB Bank Home Loan

DCB Bank Home Loan Features & Benefits

The features and benefits include the following: 

• Maximum possible loan amount based on cash flow and income statements. 
• Quick and smooth loan approval. 
• Loan balance transfer provisions. 
• Attractive insurance options. 
• Vast network of 144+ branches in 85 Indian cities.

DCB Bank Home Loan Fees and Charges

• Loan processing charges- up to 2% of the loan amount or a minimum of Rs. 5,000. 
• Collection fees- Rs. 100 for each call and Rs. 250 + taxes for each visit. 
• Annual maintenance charges- Up to 1% on the principal outstanding where the average rate of utilization of the amount is less than 70% from the full disbursement date. 
• There are zero prepayment charges in most cases but they may hover between 2-4% in some circumstances, subject to specific terms and conditions.

Documents Required for DCB Bank Home Loan

• KYC Documents- Identity and Address Proof along with signed photographs. 
• Age Proof (Birth Certificate, Aadhar Card, PAN Card, School Leaving Certificate, LIC Policy, Government ID Card, Passport). 
• Last 6-12 months’ bank statements for salaried and self-employed borrowers. 
• Latest 3 salary slips for salaried borrowers and latest 3 ITRs for self-employed borrowers along with all supporting documents and certified financials. 
• Form 16 of last 2 years, company appointment letter and other supporting documents for salaried borrowers. Trade license/statutory registration/licenses for self-employed borrowers. 
• Existing loan statements.