Provides loans to purchase a Plot
for construction of a House, to purchase/construct house/flat,
as well as for renovation/repair/alteration/addition to
house/flat, furnishing of house, Takeover of customer's
housing loan extended by other Banks like Citibank,
etc or F.Is /NBFCs at highly flexible and liberal terms
Maximum loan amount is Rs.300 lacs
and repayment ranges upto 20 years, with a very reasonable
margin and nominal processing charges. No commitment /administrative
The loan is available at very competitive
rates of interest, currently available in the industry.
Option for different EMI amounts for
different periods during tenure of loan to suit customers
Prepayment of Loan permitted
Option for Floating as well as Fixed
Rate of Interest.
Interest is calculated on daily balance
basis which is of great advantage to customer as it results
in lower interest amount.
Loan to NRIs as well as Persons of
Simplified application form/procedures
for convenience of customers, and speedy approvals.
Free Personal Accident Insurance cover.
Life Insurance Cover to borrowers for