Product Description
Purpose : Purchase/Construction of House/Banglow , Repairs of
Flat/row House/Banglow
Loan Amount : 1) @ 85% of the estimated amount for purchase , 2) @
75% of the estimated amount for repairing
Margin : 15% Purchase Cost , 25% Repairing Cost
Security : Registered Mortgage of the said Property , Additional
Collateral Security (if required)
Benefits
Loaning : Immediate Loan Sanction
Eligibility
Guarantor : Two (Creditworthy Guarantor's)
Membership : Yes, @ 2.5 % of Loan Amount share holding
Rate of interest
Housing Loan For Men Rate of Interest up to 25 lac at 9.00%
Housing Loan For Men Rate of Interest Onwards 25 lac at 9.00%
Housing Loan For Women Rate of Interest up to 25 lac at 8.50%
Housing Loan For Women Rate of Interest Onwards 25 lac at 8.50%
Documents Required
Search & Title Report / Property Documents
Purchase Deed / D/A, P/A, N/A Order of Builder
Commencement Certificate
Sanctioned Plan Copy (True copy)
Builder / Society NOC
Estimate (in case of construction)
Original copy of Agreement to Sale
Latest Income Proof of Applicant & Guarantor’s, search title, valuation
In case of Businessman- Last three I T returns with audited Financial Statement. Bank Track Record last
year
In case of Salary Earner – Last three months Salary Certificate and one years Salary a/c statement.
ID & RD Proof's documents of Applicant & Guarantor's
Aadhar Card
PAN Card
Terms and Conditions
Pre-closure : No Pre-closure Charges
Loan Processing Fee : As Applicable (Service Charges)
How To Apply
Get a Education Loan in 3 easy steps.
03. Get Response
Our team will contact you promptly to process your application
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