Eligibility Criteria:
- Individuals who are resident of India.
- NRIs holding an Indian passport.
- Minimum age Limit: 21 years .
- Income:
Resident Indian:- Salaried Persons :Minimum gross monthly salary ₹10,000/-
- Others : Minimum Annual gross income ₹1,20,000/-
NRIs:
- Salaried Person: Minimum gross monthly salary ₹40,000/-
- Others : Minimum Annual gross income of ₹4,80,000/-
Purpose:
- Purchase of house site.
Amount of Finance:
- Up to 80% of the Registration value of the site with a maximum of ₹50 lakh.
Period of Loan:
- Maximum up to 60 months
Security:
- Mortgage of house site to be acquired
- Guarantee of the spouse wherever feasible in the absence of which third party solvent guarantor.
Repayment:
- General: In equal / equated monthly installments (EMIs).
- Agriculturist: Yearly basis including yearly interest.
Margin:
- 20 %
Rate of Interest:
The above information is subject to terms and conditions.For more details, please contact the nearest Branch
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AVAIL LOAN UP TO 80% OF SITE REGISTRATION VALUE
