NIC Asia Bank Home Loan interest rate 2083
NIC Asia Bank's home loan is priced at 5.57%–7.57% effective in Bhadra 2083: a 5.57% base rate plus a 0%–2% premium. That ranks 7th cheapest of the 19 commercial banks we track for this product. On Rs. 50 Lakh over 180 months the EMI is about Rs. 41,040, plus a 0.75% processing fee.
- Effective rate
- 5.57% – 7.57%
- Base rate
- 5.57%
- Premium
- 0% – 2%
- Processing fee
- 0.75%
- Maximum tenure
- 300 months
- Maximum loan-to-value
- 70%
- Rank by rate
- 7 / 19
- Rates effective
- Bhadra 2083
Effective from: 1 Bhadra 2083Source: www.nicasiabank.com/interest-rates/
NIC Asia Bank Home Loan: effective rate 5.57%, EMI from Rs. 41,040 per month. Compare with 18 other banks.
Rate breakdown
Base rate
5.57%
Premium
0%–2%
Effective rate
5.57%–7.57%
Fixed
6.99%
- Processing fee
- 0.75% (Min Rs. 5,000)
- Prepayment penalty
- 1.32%
- EMI at fixed 6.99%
- Rs. 44,913 · Rs. 50 Lakh, 180 months
- Loan amount
- Rs. 10 Lakh – Rs. 5 Cr
- Tenure
- 60 – 300 months
- Max financing
- 70%
- Age
- 21 – 65 years
Highlights
- Purchase, construction or renovation
- Up to 25 years tenure
- Balance transfer available
Who is eligible
Salaried or self-employed with verifiable income. Property must be within municipal limits.
Documents you will need
- Citizenship certificate (copy)
- 2 passport-size photos
- Latest 6 months bank statement
- PAN card
- Lalpurja (land ownership)
- Blueprint and municipality approval
- Property valuation report
- Char killa and tax receipts
NIC Asia Bank Home Loan FAQ
What is NIC Asia Bank's current Home Loan interest rate?+
NIC Asia Bank's Home Loan floating rate is base rate 5.57% plus a premium of 0% to 2%, giving 5.57% to 7.57% effective from Bhadra 2083.
What is the EMI on a Rs. 50 Lakh Home Loan from NIC Asia Bank?+
At 5.57% over 180 months, the EMI is roughly Rs. 41,040. Use the calculator above to change the amount or tenure.
Can I prepay a NIC Asia Bank Home Loan?+
Yes. The published prepayment charge is 1.32% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.
