Housing Loans

Housing Loans  

¨ This facility is to be allowed against the mortgage of properties for own residential purpose.

¨ Maximum permissible Housing Loan is Rs.200 Lacs.

¨ Minimum margin may be fixed as decided by Board of directors.

¨ For calculation of Housing loan amount, stamp duty & regsitration fees will also be considered.

¨ Repayment will be allowed up to 20 years (including moratorium periods.)

¨ Title of the property must be verified and certified by our approved advocate for the purpose, as clear, marketable and free from all encumbrances.

¨ Insurance for properties covering all requisite risks is mandatory.