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Home / Finance / Home Loan / What is the Home Loan Interest Rate in Jana Small Finance Bank?
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What is the Home Loan Interest Rate in Jana Small Finance Bank?

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0 2023-03-29T15:07:50+00:00

I feel that for loans up to Rs. 50 lakh and repayment terms of up to 30 years, Jana Small Finance Bank home loan rate of interest is the best. The Jana bank home loan interest rate begins at 9.75% p.a. The bank also provides the ability to top up and transfer the balance of house loans. We, customers, can use a Jana Small Finance Bank home loan for a number of things, including buying a house or flat, buying a building lot, and making improvements to our homes.

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Jana bank home loan interest rate

Interest rate

9.75%-16.75% p.a.

Loan amount

Up to Rs 50 lakh

Repayment tenure

Up to 30 years

Processing fee

Up to 2% of the loan amount

House loan interest rates at Jana Small Finance Bank range from 9.75% p.a. to 16.75% p.a. The ultimate interest rates made available to loan applicants will change depending on their credit score, monthly income, employment history, and other factors. This is what is the home loan interest rate in Jana small finance bank.

Jana small finance bank home loan interest rate and other charges

Processing charge

A processing fee of up to 2% of the loan amount disbursed is levied by Jana Small Finance Bank. The processing cost will not be shaved off of the login fee; it will be paid in full.

Foreclosure and Part-payment Charges

Foreclosure charges

Floating rate: nil

Fixed rate: 2% of the outstanding loan amount

Part payment Charges

  • In each block of one year, spanning the time between EMIs 1 and 12, 13 and 24, 25 and 36, and so on, a partial payment of up to 25% of the outstanding principal amount is permitted: NIL

  • For sums more than 25%: GST plus 2% of the surplus amount

Other fees and charges

Loan origination fee

  • Login fee of Rs 1000+ GST for loan amount up to Rs 10 lakhs.

  • Login fee of Rs 1500+ GST for loan amount up to Rs 20 lakhs.

  • Login fee Rs 2000 +GST for loan amount greater than 20 lakhs.

(NON-REFUNDABLE)

Legal charges

Rs 2,500 + GST

NACH/ Cheque bounce charges

Rs 300 + GST

I hope now you understand Jana small finance bank home loan rate of interest.

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