Job change during home loan tenure

Can I change jobs or leave my job for self-employment during the home loan tenure?

Apnaloan.com Research Bureau

10 Aug 2007

Can I change jobs or leave my job for self-employment during the home loan tenure?

You can switch jobs during the course of your housing loan or leave your job for self-employment during the loan tenure. However, you have to keep the lending bank informed of the change. If your repayment happens by way of deduction against salary, you have to get this deduction from your new employer. Alternatively, arrange for post-dated cheques for the installments. Also, send a copy of your new appointment letter to the bank.

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State Bank of Patiala	Jammu & Kashmir Bank	State Bank of Indore
City Union Bank	State Bank of Travancore	State Bank of Bikaner and Jaipur
State Bank of Hyderabad	Deutsche Postbank Home Finance Ltd	United Bank of India
Bank Of Karnataka	GIC Housing Finance	Reliance Consumer Finance
Dewan Housing Finance	Punjab and Sind Bank	Tamilnad Mercantile Bank
LIC Housing Finance	Karur Vysya Bank	Lakshmi Vilas Bank
Deutsche Bank	Bank Of Rajasthan	CITI Bank
IDBI Bank	Development Credit Bank Ltd	Dhanalakshmi Bank Ltd
IDBI Home Finance Ltd	The Ratnakar Bank	HSBC Bank
Indian Bank	Federal Bank	Dena Bank
Central Bank of India	Catholic Syrian Bank	PNB Housing Finance
Standard Chartered Bank	Kotak Bank	Apna Sahakari Bank Ltd
Bank Of India	Abhyuday Co-op Bank Ltd	Bank of Baroda
UCO Bank	Vijaya Bank	Reliance Home Finance
Punjab National Bank	State Bank of Mysore	Indian Overseas Bank
Oriental Bank of Commerce	Religare	Syndicate Bank
Moneyline Credit	Union Bank of India	South Indian Bank
Canara Bank	Bank of Maharashtra	Allahabad Bank
Andhra Bank	Corporation Bank	Saraswat Bank

Job change during home loan tenure

Apnaloan.com Research Bureau

10 Aug 2007

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