Home Loan (KBL Home Comfort)

Eligibility Criteria for KBL Home Comfort Loan:

• Who have already availed loan under KBL-Apna Ghar/Elite/KBL XPRESS HOME Loan scheme.
• Who have not availed any loan from any FI for their Residential property/ closed the housing loan already availed.

Purpose of Home Comfort Loan:

• Furnishing, interior works, acquiring furniture-fixtures, Solar heating/lighting systems.

Amount of Finance:

• Up to 75% of the estimated cost of assets to be purchased/works to be carried out.

Maximum Amount for Home Comfort:

• ₹100 lakh.

Period of Home Comfort Loan:

• Maximum up to 120 months.

Security for Home Comfort Loan:

• Hypothecation of assets acquired out of loan.
• Already Mortgaged house/flat property obtained for the housing loan(for KBL-Apna Ghar/Elite Scheme loan).Or Mortgage of the relative house/flat property for which the facility is sought
• Guarantee of the spouse wherever feasible in the absence of which third party solvent guarantor.

Repayment Home Comfort Loan:

• In equal / equated monthly installments (EMIs).

Margin:

• 25 %

Rate of Interest:

• View Latest Rate of Interest
• View Service Charges.
• Upfront charges will be collected (wherever applicable) towards legal, valuation, BIR etc.

The above information is subject to terms and conditions.For more details, please contact the nearest Branch