Construction / Purchase of Residential House/ Flat.
Purchase of Residential Plot of land and Construction of House.
Takeover of Home Loans from other Banks/ HFCs/NBFCs/ FIs etc
All individual/s including staff members of our bank who own in his/her name the land on which the proposed house is to be constructed along with construction plan duly approved/sanctioned by competent authority/body. In case the land on which the proposed house is to be constructed stands in the joint names, all the joint owners should be made co-borrowers. The member of registered group housing society & farmers/agriculturists are also eligible under the scheme.
Minimum age of the applicant must be 21 years; however, the minimum age of the co-applicant/s can be 18 years. Maximum age (Age of applicant + repayment period) of 70 years for salaried & 75 years for others.
Rs.800.00Lakh
10% to 25% depending upon amount of loan
No Personal Guarantee.
Repayment period of 30years.
The Housing Loan borrowers who avail car loan also may be extended concession of 0.25% on ROI applicable on Car Loan under Suhana Safar Scheme.
As per banks' Service Charges Booklet
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UNIFIED PROCESSING & DOCUMENTATION CHARGES (Tax Extra) |
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‘APNA AASHIYANA’- (Housing Loan) |
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Slab Of Amount Of Finance ( In Lacs) |
PCDC Charges (Tax Extra) |
|
<= 5 |
Nil |
|
>5 & <=10 |
Rs.1000 |
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>10 & <=20 |
Rs.2000 |
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>20 & <=30 |
Rs.3000 |
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>30 & <=50 |
Rs.4000 |
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>50 |
Rs.5000 |
| CIBIL Score | For Term Loan (floating) |
| 800 & above (Salaried with Government and Public Sector Entity / Director / Partner of the firm having credit facility with our bank) | NRLLR -1.10 |
| 800 & above (Others) | NRLLR -1.00 |
| 750 to 799 | NRLLR -0.80 |
| 701 to 749, 0, -1, 3 to 5 | NRLLR -0.45 |
| 675 to 700 and 1 & 2 | NRLLR +0.20 |
| 650 to 674 | NRLLR +0.60 |
| Less than 650 | NRLLR +1.75 |
| Note: The rates given above are inclusive of concession for Credit Life Insurance. Customers who are not opting for Credit Life Insurance will have to pay 0.05% additional interest. | |
| CIBIL Score | For Term Loan (fixed) |
| 800 & above (Salaried with Government and Public Sector Entity / Director / Partner of the firm having credit facility with our bank) | NRLLR +0.90 |
| 800 & above (Others) | NRLLR +1.00 |
| 750 to 799 | NRLLR +1.20 |
| 701 to 749, 0, -1, 3 to 5 | NRLLR +1.55 |
| 675 to 700 and 1 & 2 | NRLLR +2.20 |
| 650 to 674 | NRLLR +2.60 |
| Less than 650 | NRLLR +3.75 |
| Note: The rates given above are inclusive of concession for Credit Life Insurance. Customers who are not opting for Credit Life Insurance will have to pay 0.05% additional interest. | |
