To fulfill your dream to become an owner of a dwelling house, we commit to extend our hand as far as possible. In this regard, we are providing a loan for the construction of a dwelling house or the purchase of a ready-built House/Flat.
Eligibility :
Member of the bank
Purpose :
(1) Construction of dwelling House.
(2) Purchase of yearly built House /Flat.
Maximum amount of Loan :
(1) For salaried persons, the maximum amount would be 90% of the project cost on the basis of certain Rules & Regulations.
(2) In the case of a professional/businessman the maximum loan amount would be 75% of the project cost on the basis of certain Rules & regulations.
Processing Fee :
There are certain processing fees decided by the Bank authority from time to time.
Repayment Period :
The maximum period of repayment is 20 years but should not be beyond 60 years for salaried persons and 70 years for professionals/ businessmen.