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India's Most Trusted Partner via Cred Source
Central Bank of India (CBI) is a major public sector bank established in 1911 by Sir
Sorabji Pochkhanawala with Sir Pherozeshah Mehta as its first Chairman. Proudly known as
the first Indian commercial bank which was completely owned and managed by Indians,
Central Bank of India has played a pivotal role in national
development.
CBI provides comprehensive banking services across urban, semi-urban, and rural areas. Cent Home Loan
scheme provides accessible home financing for property acquisition, flat purchase,
self-construction, and repair/renovation.
Central Bank of India offers home loans
starting at 7.10% p.a. with flexible EMI schedules, lower processing fee caps, and loan
tenures extending up to 30 years.
Why choose Central Bank of India through Cred Source:
Who can apply for Central Bank of India home loan:
Salaried Employees, Self-Employed Professionals, Business Owners & NRIs.
Minimum 18 years to maximum 75 years at maturity.
₹20,000/month for salaried; ₹3.0 Lakh/year net profit for self-employed.
750+ score recommended for lowest interest rate tier.
Estimated EMI for Central Bank of India Home Loan at 7.10% p.a. interest rate:
| LOAN AMOUNT | TENURE (YEARS) | INTEREST RATE | ESTIMATED MONTHLY EMI |
|---|---|---|---|
| ₹30 Lakh | 20 Years | 7.10% p.a. | ₹25,845 / month |
| ₹50 Lakh | 20 Years | 7.10% p.a. | ₹43,075 / month |
| ₹1.0 Crore | 20 Years | 7.10% p.a. | ₹86,150 / month |
About Central Bank of India home loans via Cred Source: