Jammu and Kashmir Bank Home Loan

Interest Rate

7.20% onwards

Processing Fee

0.25% processing fee





Up to 30 years

  • Eligibility Factors
  • Documents Required
  • Loan Verification Process
  • Rate of Interest
Jammu and Kashmir Bank Home Loan

Age –

Minimum application age – 18 years

Maximum age on loan maturity – 70 years

Credit score –

No credit score requirement specified, Risk Rating is considered in
particular cases.

Employment type

Home loans are provided to salaried employees, pensioners,
professionals, businessmen, farmers as well as NRI applicants.

Minimum net income (monthly)

60% of gross income is considered as gross deductions in the case of
individuals with income up to Rs 10 lakhs per annum. 65% in the case of Rs 10-30 lakhs and 75% above Rs
75 lakhs.

Work experience

Minimum 3 years of work experience is required for salaried,
self-employed professionals and businessmen.

Along with the fully-filled application, proof of identity, proof of residence, proof of age, income proof, and property title documents are required.

The loan is verified and approved based on income, repayment capacity, age, assets and liabilities, and the value of the property.

The interest rate is RLRR for the priority sector and RLRR+10 bps for non-priority lending of up to Rs 1 crore.