House Loan
Purpose
- For construction of Residential house on plot already owned
- For extension/additional construction of house already owned
- To purchase ready built house/flat
- To take over existing housing loan a/c (regular a/c) from another Bank/Financial institution
Who are eligible
- Member of the Bank Residing and employed in gainful activity in the area of operation of the Bank
- Salary earners/businessman/entrepreneur/self-employed/ professional or engaged in any of the gainful activity
Loan Amount
| Margin | 50% of valuation |
|---|---|
| Security | Mortgage of residential house/flat, for which loan availed. |
| Repayment | 120/180 EMIs (Maximum) |