Central Bank of India Home Loan Interest Rates 2025

Central Bank of India Home Loan Amount 

Up to 90% of property cost

Central Bank of India Housing Loan Interest Rate

8.50% p.a. - 9.85% p.a. 

Loan Tenure

Up to 30 years

Processing Fees

0.50% up to Rs.20,000 Plus GST

Foreclosure Charges

NIL

Central bank of india Home Loan Interest Rates for Women 

8.35%–9.25% per annum

Central Bank Home Loan Schemes

Interest Rate

Cent Home Loan

8.50% p.a. to 9.50% p.a.

Cent Home Loan Double Plus

9.35% p.a. to 9.80% p.a.

Cent Home Loan scheme for purchasing 3rd  or 4th House/Flat

9.35% p.a. to 9.85% p.a.

Cent Top Up Scheme

9.00% p.a. to 9.70% p.a.

Cent Grih Lakshmi

8.35% p.a. to 9.25% p.a.

Central Bank of India Home Loan Schemes

Description

Cent Home Loan

To construct/acquire a new home/flat or acquire an existing home/flat which has a remaining life of applied loan tenure + 10 years. The scheme also considers renovation, repair, and alteration of existing home/flat.

Cent Home Double Plus Scheme

Two aspects—Overdraft facility and term loan. The former can be taken to construct/acquire new or existing homes/flats or extend existing houses. The latter for repair/renovation of house/flat, vehicle purchase, refurbishing home, furniture purchase, solar energy equipment purchase, children’s marriage/education/medical expenses, and family vacation/trip.

Cent Home Loan Scheme for Purchasing 3rd or 4th House/Flat

This scheme allows you to borrow for construction/acquiring a new house/flat or acquiring an existing house/flat, which is not older than 40 years and has a remaining life of the loan tenure + 10 years.

Cent Grih Lakshmi

This scheme states that a woman should be the sole borrower or first named borrower. Her name must appear on the property.

Net Annual Income

EMI/NMI Ratio (Maximum)

<=Rs.1.20 lakh

20%

>Rs.1.20 lakh<=Rs.3.00 lakh

30%

>Rs.3.00 lakh<=Rs.5.00 lakh

55%

>Rs.5.00 lakh<=Rs.8.00 lakh

60%

>Rs.8.00 lakh<=Rs.10 lakh

65%

>Rs.10.00 lakh

66.67%

Address proof

Copy of valid passport/ Aadhaar Card/ Voter ID/ Copy of utility bills/ Driving license.

Income proof

Recent salary slips, Latest Form 16 or ITR

Other documents

Valuation certificate, NOC from the housing society, Agreement of construction with Develop, Sale agreement/ Approved construction plan/ Original property title deeds.

Construction/purchase of new/existing house/flat or cost of extension of existing house/flat (including the cost of land)

Processing Fees

0.50% of the loan amount; up to Rs. 20,000