House Building Loan

To fulfill your dream to become an owner of dwelling house, we have a commitment to extent our hand as far as possible. In this regard we are providing loan for construction of dwelling house or purchase of 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 person, the maximum amount would be 90% of the project cost on the basis of certain Rules & Regulations.

(2)  In case of professional/business man the maximum loan amount would be 75% of the project cost on the basis of certain Rules & regulations.

Processing Fee :

1.5% of Loan Amount, Maximum Rs. 25,000 + GST Applicable.

Repayment Period :

The maximum period of repayment is 20 years but should not be beyond 60 years for salaried persons and 70 years for professional/ businessmen.