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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,
Dena Bank,
Punjab
National Bank,SBI
etc or F.Is /NBFCs at highly flexible and liberal terms
and conditions.
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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
charges.
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The loan is available at very competitive
rates of interest, currently available in the industry.
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Option for different EMI amounts for
different periods during tenure of loan to suit customers
repayment capacity.
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Prepayment of Loan permitted
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Option for Floating as well as Fixed
Rate of Interest.
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Interest is calculated on daily balance
basis which is of great advantage to customer as it results
in lower interest amount.
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Loan to NRIs as well as Persons of
Indian Origin.
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Simplified application form/procedures
for convenience of customers, and speedy approvals.
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Free Personal Accident Insurance cover.
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Life Insurance Cover to borrowers for
Loan Protection(optional)
