For purchase of residential plot in urban area subject to condition of start of construction within 5years.
All Individuals (Existing Staff members of our Bank are not eligible).
Minimum Age: 21Years
Maximum Age: Till retirement age for salaried & 70Years for others.
Rs.200.00lakh
40% on Realizable Value of immovable properties (As per bank's empanelled valuer's valuation report) or purchase price of property.
Credit facility in form of term loan & demand loan.
Personal guarantee of person(s) having worth at-least equivalent of the credit facility.
Repayment period of 10Years.
As per banks' Service Charges Booklet
Processing & Documentation Charges- As per Bank’s Service Charges Booklet.
