About Home Loan

To fulfil 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 etc. Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

Maximum amount of Loan

The maximum amount would be 30Lac or 80% of the project cost on the basis of certain Rules & Regulations of the Bank

Processing Fee

There are certain processing fees decided by the Bank authority time to time.

Purpose

Construction of dwelling House
Purchase of yearly built House /Flat.

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.

Eligibility

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a personal loan.

Permanent Employee

Permanent employees working in State Govt./Central Govt. offices. State/Central Govt. /undertaking Govt. /Govt. aided school/Madrasha/Primary School/Govt. Aided libraries/Colleges/Employes of local Self-Govt. Institution/Statutory Bodies eligible to become nominal member of the Bank.

Businessman

In case of businessman or professionals age should not be more than 50 years, however the repayment period shall be fixed in such a manner that the due date never exceeds 60 years of age of the borrower

Credit Rating

Applicant should have the bank specified credit score.

HOME LOAN

8.25%