GST No.: 24AABAT4356N1Z6               

Home Loan

Eligibility of borrower
  • Must complied with the norms of KYC and having current / saving account holder of the Bank.
  • Borrower must be a member of the Bank. 
  • Have good reputation and credit worthiness.
  • Having sufficient score in CIC's reports.
Purpose of Loan      
  • Purchase/Construction of residential building for his own use.
Quantum of finance
  • Up to 85% of panel valuer's valuation report.
  • Up to 85% of notarized agreement of sale + agreement of construction work or additional construction work + applicable stamp duty + registrarion fee + Govt. Taxes + life insurance premium will be considerable.
Share Linkage
  • Borrower must have Bank's share linkage @ 1% of the loan sanction amount.
Repayment period
  • Maximum 180 months
Rate of Interest 9.00%  p. a.
Security Prime:
  • Simple mortgage  property purchase/constructed out of the Bank finance


Collateral:

  • Third party guarantee of two personal guarantors  having good Credit  worthiness and  financially sound  and member of the Bank.

 Home Loan