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APNA GHAR YOJANA
We provide housing finance
to individuals for construction or for acquisition/ purchase
of house/ flat from development authorities such as DDA/HUDA/
PUDA/RHB etc. and also from private builders/groups housing
societies. We consider enhancement in loan amount in the event
of escalations in cost.
ELIGIBILITY:
- Individuals in permanent service or having
their own business (Resident or non-resident).
- Age of the applicant should not be more than 60 years in case
of service class and 65 years in case of businessman or self
employed;
LOAN AMOUNT:
- Minimum loan amount would be Rs.50,000/-
and maximum loan amount depends entirely on the repayment
capacity of the borrower(s).
- Actual loan eligibility shall be on the basis of repayment
capacity as determined be PNBHFL taking into account income,
age, qualification and occupation.
- Income of borrower(s) / co-borrower(s) shall be clubbed together
for calculation of loan eligibility / the level of finance
in case of joint application
MARGIN:
The borrower's contribution shall be minimum 20% of the total
cost of project, including stamp duty and registration charges.
INTEREST RATES: (Effective from 1.07.2006)
| PERIOD |
Floating Rate of Interest(%) |
3-yearly fixed rate of interest(%) |
| 1-10 years |
9.00 |
10.50 |
| 11-15 years |
9.25 |
10.50 |
| 16-20 years |
9.50 |
10.50 |
Source: http://www.pnbhfl.com/
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