Why Go with Vidarbha Konkan Gramin Bank for Your Home
Loan?
Local and Trustworthy: VKGB knows Maharashtra inside and out, and they're all about helping local families, farmers, and small business owners.
Good Interest Rates: They keep their rates reasonable for people in smaller towns, so you get a pretty good deal.
Options for Everyone: Whether you're salaried, self-employed, work for the government, or live abroad, they've got something for you. They have loans for salaried folks, government workers, the self-employed, and even for fixing up your place or buying land.
Real Customer Service: The folks at the local branch are ready to help you through the whole thing.
Simple Paperwork and Fast Approval: They don't bury you in documents or have crazy requirements. The process is pretty straightforward.
Vidarbha Konkan Gramin Bank Home Loan Options
VKGB gets that everyone's needs are different, so they have a lot of different loans:
Home Loan: For buying a new place or fixing up one you already own.
Land Loan: To buy a plot of land if you’re thinking of building.
Home Improvement Loan: For fixing up, upgrading, or adding on to your house.
Balance Transfer: Move your current loan from another bank for better rates.
Top-up Loan: Get some extra cash on top of your current home loan.
Special Deals: Something special for government employees.
Vidarbha Konkan Gramin Bank Home Loan Interest Rates in 2025
VKGB's rates are good and fairly consistent, so borrowing money won't break the bank:
| Product Type |
Interest Rate (p.a) |
Tenure |
Loan Amount |
| Standard Home Loan |
9.75% – 11.25% |
Up to 30 years |
Up to ₹3 crore |
| Govt. Employee Scheme (up to ₹12L) |
7.50% – 7.65% |
As per policy |
As per scheme |
| Plot / Renovation / Top-Up Loans |
10.00% – 12.00%* |
Up to 15 years |
As per policy |
You might have to pay extra for legal stuff, appraisals, or paperwork.
Who Can Apply
Age: 18 to 70 when the loan is paid off.
Income: You need a steady income (salary, pension, business, etc.).
Experience: If you have a job, you need to have been there for at least a year. If you're self-employed, you need to have been in business for 2–3 years.
Credit: You need a decent credit score and no recent history of not paying loans.
Co-applicants: Having someone apply with you can help you get approved, but everyone needs to provide their documents.
What Documents Do You Need for a VKGB Home Loan?
If You're Employed:
-
- Application form (signed and with a photo)
- ID: PAN, Aadhaar, Passport, Voter ID, Driver's License
- Address proof: Recent bills, Aadhaar, rent agreement
- Pay stubs (last 6 months)
- Form 16/ITR (last 2 years)
- Bank statements (6 months)
- Property documents: Agreement to sell, title deed, approved building plan, NOC
- Letter from your employer
If You're Self-Employed
-
- ID
- Proof your business is legit (GST, registration, license)
- ITR (last 3 years), financial statements
- Bank statements (12 months)
- Property papers
- Check for the processing fee
- Everyone Needs: Passport photos and documents for anyone applying with you.
Why Choose TyTil ?
Compare Everything: See VKGB next to other banks and find the best offer.
Online Documents: Upload everything online, so you don't have to keep going to the bank.
Expert Help: TyTil people will help you pick the right loan, get your paperwork in order, and keep track of your application.
Fast Approvals: Because they pre-screen everything and work with the banks digitally, you get answers faster.
Safe and Secure: They keep your info safe.
VKGB Housing Finance Ltd Home Loan Options
Regular Home Loan: For buying or building a new place.
Home Improvement: For fixing up or adding on to your home.
Land Loan: To buy a plot to build on later.
Top-Up: Get extra money for anything you need.
Balance Transfer: Get lower payments by moving your loan from another bank.
Tax Benefits on VKGB Home Loans
Section 80C: Get up to ₹1.5 lakh off your taxes for paying back the principal.
Section 24(b): Get up to ₹2 lakh off for paying interest if you live in the house.
Sections 80EE & 80EEA: Get even more off if you're a first-time buyer (if you qualify).
Co-borrowers: If you both pay, you both get the tax breaks.