Why Get Your Home Loan from Bihar Cooperative Bank?
Since 1914, Bihar Cooperative Bank home loan for property purchase has been about
trust and being open with the community. They get that everyone's different, whether you are in
a city, town, or village. So, they try to make home loans simple and easy to manage. They have
set interest that you can pay back when it suits you, they are pretty quick, and they don't make
you fill out tons of papers. They know what works around here and want to help you out, easy and
simple. They have got good rates, friendly experts, know the local market, and they really focus
on making customers happy.
Bihar Cooperative Bank Home Loans
We have home loans for all sorts of housing goals:
New House/Flat Purchase: This loan helps you buy or build the
home you have always wanted.
Purchase of an Old House: We can finance the purchase of older
homes.
Renovations: Get funds to fix up, enlarge, or repair your current
house.
Balance Transfer: Move your current home loan to us for better
terms.
You can borrow up to ₹75 lakh, and pay it back over as long as 20 years. This
gives you financial flexibility.
Capital Small Finance Bank Home Loan Interest Rates
| Loan Type |
Interest Rate (Fixed) |
Max Loan Amount |
Repayment Period |
Processing Fees |
| All Home Loans |
8.25% p.a. |
Up to ₹75 lakh |
Up to 20 years |
0.5% of loan amount or max ₹10,000 |
Bihar Cooperative Bank home loan scheme: fixed interest at 8.25% per year. You can pay
it back in over 20 years, so the monthly payments are easy to make in your wallet. The
processing fee is super low, just 0.5% of the loan (but no more than ₹10,000). No hidden fees!
They might even let you put off payments while your place is built, which is excellent if you
are short on cash. Paying off the loan early is okay, but it depends on what the bank says at
the time.
Processing Fees and Eligibility Criteria
Fees It's 0.5% of the approved amount, but no more than ₹10,000.
You pay this after we say yes. No hidden admin or paperwork costs.
Who Can Apply -
Applicants: Any Indian – whether you are employed, self-employed,
or a professional – with a steady, provable income.
Age: The age is a minimum of 21 and a maximum of 65 (and pay off
the loan before you hit 65).
Income: You must meet our minimum income rules and back it up
with paperwork.
Co-applicants: A spouse, adult kids, or close family members can
apply with you to help you qualify.
Purpose: You can use the loan to buy a home, a used house, build,
or fix up your current place.
Required Documents for a Home Loan Bihar Cooperative Bank:
Loan Application: Fill out the loan application form (and include
two passport-sized photos).
Proof of Identity: Any of these will work, such as PAN card,
Passport, Voter ID, or Driver's License.
Proof of Address: You can use a recent utility bill, Aadhaar
card, Passport, or Voter ID.
Bank Statements: Please provide your bank statements from the
last six months.
Existing Loan Info: If you have any other loans, please include a
statement from the last year.
Asset and Liability Statement: Fill this out according to the
bank's form.
If you are a Salaried Employee -
- Your pay slips or a salary certificate from the last three months.
- A copy of your employee ID.
- Your job offer letter, Form 16, or IT return.
If You are a Self-Employed or a Professional -
- Your IT returns for the last three years, balance sheet, and profit and loss statements
(certified by a CA) for the last three years.
- Proof of your business address and registration, tax certificates, and TDS (if needed).
Property Documents -
- The sale agreement, construction agreement/blueprint, and municipal approval.
- Payment receipts given to the builder or seller.
- Land tax paid receipt and possession certificate (from the authorities).
How to apply for a Bihar Cooperative Bank Home Loan with TyTil ?
Here's how it works:
Go to TyTil : Choose the Bihar Cooperative Bank home loan for property purchase, check out the different loans, and see if you're likely to get approved.
Apply Online: Just fill out the form on TyTil – they made it simple.
Upload Your Documents: Scan and upload all your papers about yourself, your income, and the property. It's all secure.
Get Help Right Away: TyTil loan people will help you out, from checking if you qualify to getting the loan money.
Track Process: You will get updates and can track where things are at, so you don't have to stress.
Loan Disbursal: Once you are approved, the money goes right to the person selling you the property or the builder.
TyTil helps you in -
It saves you time, Get great advice from experts, Exclusive deals, Easily compare stuff, Get real updates, - all this without leaving the house.
Features and Benefits of Bihar Cooperative Bank Home Loans -
- Fixed low rates (starting at 8.25%) so your monthly payments are easy to plan.
- Borrow up to ₹75 lakh.
- Pay it back over as long as 20 years with options to pause if you need to.
- Minimal processing fee: just 0.5%, and never more than ₹10,000.
- No hidden fees!
- Use the loan to buy, build, fix up, or extend your place.
- Lots of people can qualify: employees, business owners, and more.
- Easy to apply with someone else to get approved for more.
- Quick loan release and help from people nearby.
- Save on taxes with Sections 80C and 24!