Housing Loan

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Build your own dream house, avail our long term housing loans, at reasonable rates of interest. Maximum amount of loan to be sanctioned will be 85% of the projected cost or rs 15.00 lakh(for residential purpose) whichever is lesser. The rest of 15% or the equivalent amount shall be the share of the applicant(s). projected cost includes construction cost and other related cost.

Maximum amount of loan to be sanctioned will be 85% of the projected cost or Rs. 75.00 lakhs(for commercial purpose) whichever is lesser.
Conditions apply

Build your own dream house, avail our long term housing loans, at reasonable rates of interest. Maximum amount of loan to be sanctioned will be 80% of the projected cost or Rs. 50.00 lakh(for residential purpose) whichever is lesser. The rest of 20% or the equivalent amount shall be the share of the applicant(s). projected cost includes construction cost and other related cost.

Maximum amount of loan to be sanctioned will be 50% of the projected cost or Rs. 75.00 lakhs(for commercial purpose) whichever is lesser.
Conditions apply

Key Features:

  • Loan Amount: High-value loans to meet your home financing needs.
  • Interest Rates: Attractive and competitive interest rates. Currently 8.50% reducing
  • Repayment Tenure: Flexible repayment periods ranging from 5 to 20 years.
  • EMI Options: Easy EMI options to fit your budget.
  • Prepayment: Options to prepay your loan without hefty penalties.
  • Balance Transfer: Facility to transfer your existing home loan from another lender at better terms.

Eligibility Criteria:

  • Age: Applicants must be between 21 and 65 years old.
  • Income: Stable income with verifiable proof of earnings.
  • Credit Score: Good credit score to ensure smooth processing.
  • Employment: Both salaried and self-employed individuals are eligible.

Required Documents:

  • Proof of Identity: Passport, Aadhar card, PAN card, or any government-issued ID.
  • Proof of Address: Utility bills, rent agreement, or any valid address proof.
  • Income Proof: Recent salary slips, ITR, bank statements, and financial statements.
  • Property Documents: Sale agreement, title deeds, and approved building plans.
  • Employment Proof: Employment letter or business registration certificate for self-employed.

How to Apply:

  • Check Eligibility: Ensure you meet the eligibility criteria.
  • Gather Documents: Collect all necessary documents.
  • Apply Online or Offline: Complete the application form online or visit our branch.
  • Verification: Our team will verify your documents and application.
  • Approval and Disbursement: Once approved, the loan amount will be disbursed directly to your account or the seller’s account as required.

Benefits:

  • Own Your Dream Home: Purchase your dream home with ease.
  • Flexible Financing: Choose a loan amount and tenure that suits your financial situation.
  • Tax Benefits: Avail tax benefits on principal and interest payments as per prevailing laws.
  • Customer Support: Dedicated customer support to guide you through the loan process.

Conditions Apply:

  • Terms and conditions as per the bank’s policy.
  • Loan approval is subject to the bank’s discretion based on eligibility and document verification.

For more information or to apply for a Housing Loan, please visit our website or contact our customer service team. We are here to assist you in every step of your journey towards home ownership.