| Loan Type | Housing loan |
|---|---|
| Purpose | For purchase of ready built flat, Flat on resale basis & takeover of Existing housing loan from other bank,Construction of House/Bunglow independently |
| Eligibility | Salaried employees, Businessman, Self Employed |
| Loan Amount | Maximum Rs 70.00 lakhs |
| Margin | 20 % in favour of Bank |
| Mode Of Repayment | Standing instruction from our Bank Account,Debit ECS |
| Repayment Period |
For salary earner 240 months For businessman 180 months |
| ROI | Click here for Interest Rates |
| Security | Property to be Purchaserd / constructed with bank finance |
| Guarantors | One guarantor acceptable to bank ( additional guarantor to be provided if required) |
| Collaterals | Not required |
| Processing Fees | 0.50% of sanctioned loan amount |
| Other Charges | As per Bank's policy |
| Banks Shares | 2.5 % of the loan amount |
| Prepayment Charges | No pre closure charges |