Overview
Ujjivan Small Finance Bank
Ujjivan Small Finance Bank offers attractive home loan solutions with interest rates starting at 8.75% p.a. and a maximum tenure of up to 20 years. Customers can avail of loans up to ₹75 lakhs, catering to diverse property-related needs such as purchasing a new home, construction, renovations, and extensions. Ujjivan Small Finance Bank provides flexible financing options, making it an ideal choice for those looking to make homeownership more accessible and affordable.
Rate of Interest
8.75% - 16.75%
Loan to Value
80% - 90%
Loan Tenure
Max 20 years
Max Loan Amount
Upto 75 Lakhs
| Rate of Interest | 8.75% - 16.75% |
| Loan Tenure | Max 20 years |
| Age | Salaried/ Self Employed : 18 - 70 years |
| Profession | Salaried/Self Employed |
| Income | Metro Cities : 20,000/Month & Above Other Cities : 15,000/Month & Above |
| Nationality | Resident Indian/ NRI |
| Max Loan Amount | Upto 75 Lakhs |
| Plot Purchase | |
| Independent Building | |
| Apartment | |
| Resale Property | |
| New Construction | |
| LTV | 80% - 90% |
| Home Loan | |
| Plot Cum Construction Loan | |
| Balance Transfer | |
| Overdraft Facility | |
| Top Up Facility | |
| Other Offerings | Commercial Loan,Home Improvement Loan,Equity Loan,Composite Loan |
| Processing Fees | ₹ 3,350 + GST applicable (Non – refundable) |
| Other Charges | CLADUM charges (Credit, Legal, Administrative, Documentation, Upkeep of documents and Maintenance): 1.0% - 2.0% of loan amount |
| Overdraft Facilities | - |
| Highlights | • Easy documentation • Lower EMIs • Fast approval and disbursement • Smooth, hassle-free process • Flexible policies |
*Disclaimer: The interest rate, maximum tenure, and other charges are subject to change, it's advisable to check with our experts for the latest information.
| Loan Amount | ₹ 50,00,000 |
| Loan Tenure | 20 years |
| Rate of Interest | 8.75% - 16.75% |
| Monthly EMI | ₹ 44,185 - ₹ 72,390 |
Eligibility Criteria for Ujjivan Small Finance Bank Home Loan
| Criteria | Salaried | Non- Salaried |
|---|---|---|
| Age Range | 18 to 70 years | 18 to 70 years |
| Nationality | Indian NRIs | Indian NRIs |
| Minumim Income | 25,000 per month | 3 lakhs per annum |
Calculate your home loan eligibility and unlock exclusive offers for you!
Ujjivan Small Finance Bank Home Loan Interest Rates
Standard Home Loan Rates
| Salaried ROI | Self Employed ROI |
|---|---|
| 8.75% p.a onwards | 8.75% p.a onwards |
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Ujjivan Small Finance Bank Home Loan Processing Fee and Charges
Processing Charges
| Charge Type | Amount |
|---|---|
| Processing Fees | ₹ 3,350 + GST applicable (Non – refundable) |
| CLADUM charges (Credit, Legal, Administrative, Documentation, Upkeep of documents and Maintenance) | 1.0% – 2.0% of loan amount + GST applicable |
Ujjivan Small Finance Bank Home Loan Documents
Identity Documents
| Doc Name | Salaried | Self Employed |
|---|---|---|
| PAN | ✔ | ✔ |
| Voter ID | ✔ | ✔ |
| Passport | ✔ | ✔ |
| Driving Licence | ✔ | ✔ |
| Aadhar Card | ✔ | ✔ |
Proof Of Income
| Doc Name | Salaried | Self Employed |
|---|---|---|
| Salary slips for the last 3 months | ✔ | ✖ |
| Latest ITR | ✔ | ✔ |
| Bank statements for the last 6 months | ✔ | ✖ |
| Business License | ✖ | ✔ |
| Business Address Proof | ✖ | ✔ |
Ujjivan Small Finance Bank Home Loan Schemes and Top Plans
Comparison
| Feature | Home Loan | Home Construction Loan | Composite Home Loan | Home Improvement Loan | Home Equity Loan | Commercial Purchase Loan | Top-up Loan |
|---|---|---|---|---|---|---|---|
| Minimum Loan Amount | 2 lakhs | 2 lakhs | 2 lakhs | 2 lakhs | 2 lakhs | 5 lakhs | 1 lakh |
| Maximum Loan Amount | 75 lakhs | 75 lakhs | 50 lakhs | 25 lakhs | 75 lakhs | 30 lakhs | 10 lakhs |
| Interest Rate | 8.75% p.a. to 16.75% p.a. | 8.75% p.a. to 16.75% p.a. | 8.75% p.a. to 17.75% p.a. | 8.75% p.a. to 17.75% p.a. | 10.99% p.a. to 19.75% p.a. | 8.75% p.a. to 19.75% p.a. | only 1% more than your core loan ROI |
| Tenure | up to 20 years | up to 20 years | up to 20 years | up to 15 years | up to 15 years | up to 7 years | up to 7 years |
| Eligible Applicants | salaried or self-employed | salaried or self-employed | salaried or self-employed | salaried or self-employed | salaried or self-employed | salaried or self-employed | salaried or self-employed |
Details
Standard Home Loan
- Minimum Loan Amount: ₹2 lakhs*
- Maximum Loan Amount: up to ₹75 lakhs
- Interest Rate: 8.75% p.a. to 16.75% p.a.
- Tenure: Up to 20 years
- Eligible Applicants: Both salaried and self-employed
Home Construction Loan
- Minimum Loan Amount: ₹2 lakhs*
- Maximum Loan Amount: up to ₹75 lakhs
- Interest Rate: 8.75% p.a. to 16.75% p.a.
- Tenure: Up to 20 years
- Eligible Applicants: Both salaried and self-employed
Composite Home Loan
- Minimum Loan Amount: ₹2 lakhs*
- Maximum Loan Amount: up to ₹50 lakhs
- Interest Rate: 8.75% p.a. to 17.75% p.a.
- Tenure: Up to 20 years
- Eligible Applicants: Both salaried and self-employed
Home Improvement Loan
- Minimum Loan Amount: ₹2 lakhs*
- Maximum Loan Amount: up to ₹25 lakhs
- Interest Rate: 8.75% p.a. to 17.75% p.a.
- Tenure: Up to 15 years
- Eligible Applicants: Both salaried and self-employed
Home Equity Loan
- Minimum Loan Amount: ₹2 lakhs*
- Maximum Loan Amount: up to ₹75 lakhs
- Interest Rate: 10.99% p.a. to 19.75% p.a.
- Tenure: Up to 15 years
- Eligible Applicants: Both salaried and self-employed
Commercial Purchase Loan
- Minimum Loan Amount: ₹5 lakhs*
- Maximum Loan Amount: up to ₹30 lakhs
- Interest Rate: 8.75% p.a. to 19.75% p.a.
- Tenure: Up to 7 years
- Eligible Applicants: Both salaried and self-employed
Top-up Loan
- Minimum Loan Amount: ₹1 lakhs*
- Maximum Loan Amount: up to ₹10 lakhs
- Interest Rate: only 1% more than your core loan ROI
- Tenure: Up to 7 years
- Eligible Applicants: Both salaried and self-employed
How to Apply
Applying for Ujjivan Small Finance Bank Home Loan is a straightforward process:
1. Check Eligibility:
Verify that you meet the eligibility criteria for your selected loan product.
2. Collect Documents:
Gather all the required documents.
3. Visit a Local Branch:
Visit your nearest Ujjivan Small Finance Bank branch and fill out the application form.
4. Submit Documents:
Submit your application along with the required documents.
5. Application Review:
The bank will review your application and documents.
6. Loan Approval:
Upon approval, your loan will be sanctioned, and you can start your homeownership journey.
Do not want to get into this hassle? Get Ujjivan Small Finance Bank’s best rates in a single call.
Customer Care Details: Ujjivan Small Finance Bank
Ujjivan Small Finance Bank offers comprehensive customer care services to address the queries and concerns of its customers efficiently.
| Contact | Contact Details |
|---|---|
| Ujjivan Small Finance Bank Head Office | Ujjivan Small Finance Bank Ltd. Grape Garden, No. 27, 3rd A Cross, 18th Main, 6th Block Koramangala, Bengaluru – 560095 Areas of Operations: Karnataka, Tamil Nadu, Kerala, Goa and Puducherry |
| Toll Free Number (24 *7) | 1800 208 2121 |
| NRI Call Centre | 080 6868 2121 |
| Email ID | customercare@ujjivan.com |
Comparison
For detailed comparison between top banks you can visit our compare banks page.
| Bank | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh |
|---|---|---|---|
| SBI Bank | 8.5% p.a. onwards | 8.5% p.a. onwards | 8.5% p.a. onwards |
| HDFC Bank | 8.7% p.a. onwards | 8.7% p.a. onwards | 8.7% p.a. onwards |
| LIC Bank | 8.50% – 10.35% p.a. | 8.50% – 10.55% p.a. | 8.50% – 10.75% p.a. |
| ICICI Bank | 8.85% p.a. onwards | 8.85% p.a. onwards | 8.85% p.a. onwards |
| Kotak Mahindra Bank | 8.70% p.a. onwards | 8.70% p.a. onwards | 8.70% p.a. onwards |
| Punjab National Bank | 8.40% – 12.10% p.a. | 8.40% – 12.10% p.a. | 8.40% – 12.10% p.a. |
| Bank Of Baroda | 8.40% – 10.65% p.a. | 8.40% – 10.65% p.a. | 8.40% – 10.90% p.a. |
| Bajaj Housing Finance | 8.50% p.a. onwards | 8.50% p.a. onwards | 8.50% p.a. onwards |
| Axis Bank | 8.75%-13.30% p.a. | 8.75%-13.30% p.a. | 8.75%-9.65% p.a. |
| Bank of India | 8.4% p.a onwards | 8.4% p.a onwards | 8.4% p.a onwards |
| TATA Capital | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
To be eligible for a Ujjivan Bank personal loan, applicants must be public sector salaried employees aged 18-70 years with a minimum monthly income of ₹25,000.
Yes,Ujjivan Small Finance Bank is regulated by the Reserve Bank of India and maintains a strong financial profile.
Samit Ghosh founded Ujjivan Financial Services Limited and served as its MD and CEO until January 31, 2017, when he transitioned to lead Ujjivan Small Finance Bank in the same capacity.
Ujjivan Small Finance Bank has received RBI approval to offer foreign exchange services, allowing it to provide a variety of forex products and solutions.