Housing Loan

To provide housing loans to individuals at competitive interest rate considering the needs.

Eligibility

Salaried individuals, Businessmen, Self-employed professionals like Doctors, Engineers, Lawyers, Chartered Accountants, etc., Entrepreneurs.

We Finance

• Construct your own bungalow
• Buy flat/Row House
• Buy resale flat
• Takeover of existing Housing Loans with other banks & financial institutions.

We Provide

• Express loan processing
• Simple loan documentation
• Low EMI
• Interest on daily reducing balance
• Low processing charges
• Life insurance for the principal borrower at nominal cost
• Added benefits of bank’s membership

Shareholding

2.5% of loan amount

Requirement of Documents for New Property

75% of Agreement Amount of the Residential property subject to his income eligibility whichever is lower.

For Resale Property

50% of Agreement Amount of the Residential property OR 75% of the Valuation Amount whichever is lower, subject to his income eligibility whichever is lower.