Eligibility |
Any person with assured monthly Income |
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Rate of interest |
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Purpose |
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Repayment Tenure |
Upto 20 years |
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Surety |
Minimum one guarantor with sufficient net worth |
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Loan Limit |
Maximum amount of Rs. 25,00,000/- |
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Security |
Property purchased out of Bank finance / house constructed out bank finance along with land. |
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Margin/Your Contribution |
Min of 25% of the Estimate in case of construction or min of 25% of Registration Value in case of purchase residential building/Flat/Apartment |
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Other Terms |
Membership is necessary for the borrower and sureties to avail this loan. |
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* Floating rate of interest |