Home Loan :

• Loan Amount: Finance up to Rs. 25 Lacs.
• Period & Rate of Interest : for 120 Months, Attractive rate of Interest.
• Rate of Interest : Attractive rate of Interest.
• Interest Calculation : Interest calculation on daily reducing balance.
• Purpose :Construction of house, where in the  plot/land already owned by the applicant    OR   To Purchase (new or second hand) house or flat    OR    To Extend/renovate/repair, the existing house or flat.  
• Margin: 80% of Construction Estimate   OR  Agreement price of Flat / Row House  OR   Estimate
• Guarantors : Two.
• Prepayment Charges : No Prepayment Charges subject to closure amount will be from own funds of borrower in case of takeover of loan @ 2% on outstanding amount will be charged.
• Share Holding : @ 2.5% of Loan
• Security : Registered Mortgage of financed property / property proposed to be furnished.
• Processing Fees :@ 1 % of loan amount + applicable G.S.T. (amount will be reduced to the extent of 0.5% in deserving cases subject to entire banking with us)
• Documents : As applicable
• Insurance: Insurance of property charged to the Bank
• Who can Apply : Individuals or Jointly (co-borrowers having an assured source of regular income viz. salaried / self-employed persons, professionals, businessmen, farmers etc).