MDCCB'S HOUSE BUILDING LOAN




MDCCB offers affordable and flexible housing loans that can turn your dream of owning a home into reality.

If rising real estate prices have pushed the house you coveted beyond your budget, MDCCB's unmatched home loans will put it within reach. The attractive interest rates and minimal processing fees make our home finance products a first choice for savvy buyers. In addition, features such as flexible tenures, transparent processing and quick service have made our products stand out among the best home loans in India.

We have products to suit every budget, taste and need. Whether you are self-employed or salaried, want a floating or fixed rate, MDCCB will offer a loan that is just right for you.



Features of MDCCB Home Loans

MDCCB's housing loans are designed for today’s home-hunter. Our easy home loans are rich in features and offer a number of benefits.

  • Attractive interest rates: We offer attractive interest rates that make your housing loans affordable and easier on your pocket every month.
  • Loan Amount: Rs. 3500000/-.
  • Flexible rates: Choose between fixed and floating rate options depending on which way you think interest rates are moving.
  • Balance transfer facility: Not satisfied with your existing Home Loan provider? You can transfer your Home Loan to us without any hassles.
  • Longer tenure for smaller EMIs: You can avail a home loan with up to 30 years tenure, giving you the benefit paying less EMI per month
  • Low Processing Charges:
  • Package of exclusive benefits:
  • No hidden costs or administrative charges:
  • No prepayment penalties:


Documents Required:


List of papers/ documents applicable to all applicants:
  • Completed loan application
  • 3 Passport size photographs
  • Proof of identify (photo copies of Voters ID card/ Passport/ Driving
  • licence/ IT PAN card)
  • Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill/ Property tax receipt/ Passport/ Voters ID card)
  • Proof of business address for non-salaried individuals
  • Statement of Bank Account/ Pass Book for last six months
  • Signature identification from present bankers
  • Personal Assets and Liabilities statement
For guarantor (wherever applicable):
  • Personal Assets and Liabilities Statement
  • 2 passport size photographs
  • Proof of identification as above
  • Proof of residence as above
  • Proof of business address as above
  • Signature identification from his/her present bankers
Additional documents required for salaried persons :
  • Original Salary Certificate from employer
  • TDS certificate on Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt.
Additional documents required for Professionals/self- employed/ other IT assesses:
  • Acknowledged copies of three years I.T. returns/ Assessment Orders.
  • Photocopies of challans evidencing payment of Advance Income Tax.
All scheduled and non-scheduled banks – public, private, foreign, cooperative, regional rural and local area banks – will observe public holiday on second and fourth Saturdays from September 01, 2015; and will observe full working days on Saturdays other than second and fourth Saturdays (referred to as working Saturdays in the Press Release). Consequent to this, the Reserve Bank of India has announced the following changes in its functioning with effect from September 1, 2015.











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