With City Union Bank Home Loan Finance Your Property At a Reasonable Interest Rates You must have been tired looking for the perfect home loan provider and every bank or housing financial institution charges high interest rates. If you lose your hope of financing the house or property then wait because city union bank provide home loans to the customer at an attractive rate of interest. The city union bank interest rate is flexible and depends on the marginal cost of fund-based lending rate (MCLR) for home loans. To know about city union home loans and interest rates read this article. How city union bank interest rates is charged on your home loan? As you must know that after the RBI new rules every bank or housing finance company provides home loans to the customer on MCLR based interest. City Union Bank also do the same, the interest rate for CITY union bank home loan ranges from 10.50% to 12.50%. The city union bank MCLR is revised on a monthly basis and provide home loans on the benchmark rate, current base lending rate of the bank is 9.75%. Propose these features and get the desired interest rate on city union bank home loan Income stability: You can get a lower rate of interest on your home loan amount if you have a stable job or business. City Union Bank offers home loans to both salaried and self-employed individuals. And, if you have sufficient income to pay the loan monthly installments then surely you will get a lower city union bank interest rate. High credit score: A high credit score would increase your credit capacity and with the help of that you can negotiate to lower your loan interest rate. Because a person with a high CIBIL score is more eligible in comparison to a person with a poor score. Lesser liabilities: The user home loan application get a consideration for sanction, if there are no existing loan EMIs and credit bills paid on time. Because it will make a good impression and the bank would be eager to apply home loans to a customer with a good payment track record. If you have all these qualities then you will definitely get your desired city union bank interest rate on your borrowed loan amount. Can you apply for City Union Bank home loan through internet banking The user who wants to apply for a home loan easily without even going to the bank branch can use the city union bank online services. With the help of its online banking features, you can easily apply for a home loan by uploading required documents and personal details. You can
take the help of online tools like the EMI calculator to estimate monthly loan installments. So you can say that with online banking service your City Bank home loan procedure becomes quite easier. So finance your house if you think it is the right time for you, because City Union Bank interest rate is the lowest and based on the bank MCLR and charges only 1% of the loan amount as a processing fee.