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Q.

What is J&K Grameen Bank Home Loan Interest Rate?

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50 days

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Hi, I am from Jammu and Kashmir, and if you are interested in learning about the J&K Grameen Bank home loan interest rate, then I can be of help to you. I came to know about the interest rate after taking out a loan last year. I called the bank's helpline number for the information, and an executive provided me with all the information. He also told me about the documents that I needed to submit. 

What is the JK Grameen Bank Home Loan Interest Rate?

He told me that the home loans of JK Grameen Bank come under different slabs. After that, he talked about each slab. I have all of them in a table below for you to understand easily. 

Housing Loan Slab

Interest Rates (p.a.)

Housing Loans Qualifying for Priority Sector 

8.75% - 9.10%

Up to Rs. 50 Lakhs 

9.00% - 9.30%

Above Rs. 50 Lakhs to Rs. 75 Lakhs

9.15% - 9.45%

Above Rs. 75 Lakh

9.40% - 9.65%

Top Up Loan

Rs. 11.50%

Here are the documents that he had told me to submit. 

  • Application form

  • ID proof documents

  • Address proof documents

  • Income documents

  • Property documents

And that’s all he had told me about the JK Grameen Bank interest rates. I hope you find this helpful. 

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