purpose :

Loan will be Sanctioned for
• A. Purchase of new or old flat /House /Row House /Duplex.
• B. Construction of House.
• C. Extension, Renovation, Repairings.

Loan Amount :

• A. Maximum Loan Limit Rs.70.00 Lakh for purchase of flat, construction etc.(Non Priority Sector)
• B. Housing Loan Rs.28.00 lakh (Cost of Construction or cost of purchase should not be more than 35.00 lakh) (Priority Sector)
• C. Maximum Rs.5.00 lakh for House repairing/renovation in Metro city & Rs.2.00 lakh for other urban city.

Rate of interest / EMI

Card Rates applicable (p.a.), Interest will be applied monthly basis on outstanding amount. EMI Starts at RS.965* per month & it is up to
RS. 2200* per month. Depending on your tenure.

Period

• Maximum period for repayment is 240 months or 20 years (inclusive of Moratorium Period
• Minimum period for repayment is 60 months.

Security :

Bank will create first charge on Assets created out of Loan.

Guarantor :

Two Guarantors required preferably salaried persons of age below 43 Years.

Documents :

• Applicant - Photo, Photo ID, Residence proof, Income Proof such as Last 3 months Salary slip or Last Three
  years Balance Sheet and Tax Returns, Title Documents such as Sale Deed, P. R. Card, Sanction Plan,
  Tax Receipts (Recent), Permission for Construction, Estimates in case of construction, Agreement to sale in case of purchase of house /Flat Etc.
• Guarantor - Photo, Photo ID, Residence proof, Income Proof