Why Get Your Home Loan from City Union Bank?
Regional Reach: Whether you are a first-time buyer, a pro, or run
a small shop, they understand your local scene.
Legacy and Trust: With over 100 years of helping people,
families, and businesses—especially in South India—City Union Bank is known for openness and
reliability.
Loans for Everyone: From first-time homebuyers to families
upgrading to bigger spaces, they offer a variety of loans to suit different needs.
Fast and Friendly Service: Get expert advice, quick responses,
and the convenience of an easy online loan process that fits your busy schedule.
Local Insight: Their deep knowledge of South India means they
understand local property trends and regional legal requirements.
City Union Bank Home Loan Products
City Union Bank housing loan interest rate has a bunch of home loan choices:
Affordable Home Loan: Ideal for individuals with low to average
income, offering low rates and fees, with loan amounts from ₹10 lakh to ₹30 lakh.
Prime Home Loan: Best suited for buying a higher-value home, with
loan options ranging from ₹30 lakh to ₹75 lakh.
Premium Home Loan: Designed for luxury or large properties,
offering funding up to ₹7.5 crore.
Swayam Graha Home Loan: Covers buying, building, renovating, or
transferring your home loan from another bank.
Home Building and Fix-Up Loans: Perfect for starting construction
from scratch or upgrading your existing home.
Plot Purchase Loan: For buying land to build on now or in the
future.
Balance Transfer & Top-Up Loan: Transfer your existing home loan
to City Union Bank for better rates and enjoy the option to get extra funds.
City Union Bank Home Loan Interest Rates
| Loan Type / Amount |
Interest Rate (p.a.) |
Loan Tenure |
Processing Fee |
| Up to ₹50 lakh (Women) |
8.00% |
Up to 20 years |
0.35% of the loan amount + GST |
| Up to ₹50 lakh (Others) |
8.10% |
Up to 20 years |
0.35% of the loan amount + GST |
| Above ₹50 lakh up to ₹70 lakh |
8.60% |
Up to 20 years |
0.35% of the loan amount + GST |
| Above ₹70 lakh to ₹7.5 crore |
8.25%–9.50% (Prime) |
Up to 30 years |
0.35–1% of loan + GST (varies) |
| Up to ₹30 lakh (Affordable) |
8.25% upwards |
Up to 30 years |
0.35% of the loan amount + GST |
Rates linked to the RBI’s repo rate can vary by applicant’s credit profile, loan slab, tenure,
and scheme. Check the City Union Bank portal or compare on TyTil for precise quotes.
No prepayment penalty on floating-rate loans.
City Union Bank housing loan interest rate got some great home
loan rates! Women can get rates as low as 8.00% (for loans up to ₹50L), and everyone
else starts at 8.10%. The rates are a bit higher if you are borrowing more. If you are buying
your first home or getting an affordable house, they'll give you an even better deal. You can
pay it back over as long as 30 years, which keeps your monthly payments easy to handle. You see
what you get with their processing fees – no hidden extra costs!
Processing Fees & Home Loan Eligibility Criteria
Processing Fee: Up to ₹5,000 (inclusive of GST).
It's around 0.35% of the loan amount for most loans, plus GST. It might reach 1%
for bigger or riskier loans.
We keep extra paperwork and legal fees low. We will tell you all the costs ahead
of time.
Who Can Apply -
Age: You must be between 21 and 65 years old, and the loan should
be fully repaid before retirement or turning 65.
Income: A steady, provable income is required—whether from a
salary, self-employment, business ownership, or skilled trade work.
Credit: A credit score above 700 is preferred, and a higher score
may help you secure a better interest rate.
Co-applicants: You can apply jointly with a spouse, parents, or
adult children to improve your chances of approval.
Down Payment: You need to contribute at least 20% of the
property’s value; the bank can finance up to 80%.
Property Age: The property should not be more than 30 years old.
What you need to apply for a loan :
ID and Proof: Aadhaar, PAN, Passport, Voter ID, or Driver's
License.
Address: Aadhaar, Passport, recent utility bill, or bank
statement.
Age: PAN, Passport, or Birth Certificate.
Income :
If you are salaried: Last 3–6 months’ pay slips, Form 16, and
bank statements for City Union Bank home loans for salaried employees.
If you are self-employed: Last 2–3 years’ income tax returns,
audited balance sheet, and business proof.
Property Info: Sale deed, title deed, approved building plan, and
recent tax receipts.
Processing Fee: A cheque for the processing fee.
Co-applicant Documents: Relevant documents for any co-applicants,
if applicable.
Note: The bank may request additional documents depending on your
situation or loan type.