Thinking About a Home Loan? Here's Why Uttarakhand Gramin Bank Might Be a
Good Choice
Local but Strong: We are a local bank, but we have the backing of
big institutions. This means you get personal service and a solid foundation when buying a house
nearby.
Economical Rates: We offer affordable rates that suit every
income. Our EMIs are among the most budget-friendly in the area.
Easy Paperwork: We keep things simple with minimal requirements
and paperwork—perfect for first-time buyers or self-employed individuals.
Help Every Step of the Way: From application to full repayment,
we support you through branches, phone assistance, and even doorstep services in some locations.
Flexible Tenure: Repay comfortably over up to 20 years, choosing
an EMI that fits your budget.
Uttarakhand Gramin Bank Home Loans
Uttarakhand Gramin Bank gets what locals need, so they have a few loan choices:
Home Purchase Loan: Use this loan to buy homes that are
already
built or under construction, such as houses or flats.
Home Construction Loan: Build your own house, provided you
already own the land.
Plot Purchase Loan: Get funds to purchase land for building your
house.
Home Improvement Loan: Expand, renovate, or upgrade your existing
home with this loan.
Balance Transfer Loan: Transfer your current home loan to
Uttarakhand Gramin Bank for better deals and easier management.
Top-up Loan: Get additional funds on top of your existing home
loan.
PMAY/CLSS Loans: Loans with government housing assistance for
eligible beneficiaries.
Home Loan Interest Rates & Fees 2025
Uttarakhand Gramin
Bank’s lending rates are affordable and regularly revised to suit local market
conditions.
| Loan Type |
Interest Rate (p.a.) |
Processing Fee |
Max Tenure |
| General Home Loan |
9.25% – 10.75% |
0.50% of loan amount + GST (Min ₹2,000) |
Up to 20 yrs |
| Home Construction/Extension |
9.75% – 11.00% |
As above |
Up to 20 yrs |
| Plot Loan |
10.25% – 11.50% |
As above |
Up to 10 yrs |
| Balance Transfer/Top-up |
10.00% – 11.25% |
0.50% + GST |
As per loan |
See if there are special deals for government workers or women who need loans. If you have a
floating rate loan (for personal stuff), there's no extra fee if you pay it off early.
Other fees: You might have to pay for legal stuff, property value checks, and mortgage stamps -
it just depends on your situation.
Here's who can apply:
Age: Individuals between 21–60 years if employed, or up to 65
years for self-employed at the end of the loan tenure.
Income: Minimum monthly income of ₹15,000–₹20,000 from a stable
source.
Job/Business: At least 1 year of employment or 2 years in
business.
Credit Score: A credit score of 650 or above is preferred, with
flexibility for eligible rural borrowers.
Co-applicants: Family members can apply jointly as co-applicants.
Property: The property must have a clear title and be located
within city limits.
Here's what you need to apply for a home loan from Uttarakhand
Gramin Bank:
If you are employed:
- A completed application form with recent photos.
- KYC Documents: PAN, Aadhaar, Voter ID.
- Last 3 months' salary slips and Form 16/ITR from the past 2 years.
- Bank statements from the last 6 months.
- Property papers like the sale agreement, title deed, and property plan.
- A certificate from your employer.
If you own a business or are self-employed:
- KYC and proof of address.
- Business registration documents (GST, shop act, etc.).
- ITR/Tax reports for the past 2–3 years.
- Balance sheets and profit/loss statements (certified by a CA).
- Bank statements from the last year.
- Property documents (same as above).
Also, if there's a co-applicant, they can include their documents, current passport-size photos, or a
No Objection Certificate (NOC) for the property.
How you can apply for a Uttarakhand Gramin Bank home loan through TyTil
TyTil is an official loan partner, making the home loan process even more
user-friendly.
Why Choose TyTil ?
Quick Comparison: See what Uttarakhand Gramin Bank offers, along
with other banks, all in one place.
Digital Documentation: Simply upload your documents online with
no need to visit the bank repeatedly.
Expert Guidance: TyTil 's support team helps you match
eligibility, fill out forms, and verify documents.
Real-Time Updates: Track your application status and receive
instant alerts.
Data Privacy: Your personal information is kept safe and
confidential.
Uttarakhand Gramin Bank Housing Finance Ltd Home Loan Options:
Regular Home Loan: You get funds to buy, build, or expand your
house or flat.
Plot and Build Loan: A stepwise loan to help you purchase land
and construct a house on it.
Top-Up and Transfer: Add extra funds to your existing loan or
transfer your loan from another bank.
Government Employee Plan: Special benefits with lower processing
fees and interest rates for government employees.
PMAY/CLSS: Loans with subsidies to help people buy affordable
homes under the Pradhan Mantri Awas Yojana.
Tax Benefits on Uttarakhand Gramin Bank Home Loans
Okay, so with Section 80C, you can cut up to ₹1.5 lakh from your yearly income
for the principal you pay back.
Section 24(b) lets you deduct up to ₹2 lakh each year for the interest you pay,
but this only applies to homes you live in.
If you're a newbie homeowner or got a sweet deal on an affordable place, Sections 80EE
and 80EEA might give you even more ways to save, if you qualify.
For joint loans, if you are both paying it back, each of you gets to claim the full deduction
amount.