Purchase of New or Old (upto 20 Years) Flat / House / Construction of House or major extension including House Improvement and takeover of an advance from other Financial Institutions. For purchase of Land maximum 50% of sanctioned amount provided construction to be completed within a Year.
Highlights
Interest Rate
0%
Loan Amount
15% in case of New property to be purchased.
20% in case of old property (upto & including 10 years old.)
30% in case of old property, above 10 years but upto and including 20 years old.
Tenure
Min. - 1 Yrs.
Max. - 10 Yrs.
Interest Rates
Tenure
Interest Type
Interest Rate
Offer
10 - 15 Yrs.
Fixed
12 %
5 - 10 Yrs.
Fixed
11.5 %
1 - 5 Yrs.
Fixed
10.5 %
Fees & charges
Fees & charges
Security
Security
Equitable / Registered Mortgage of Property to be acquired with the help of Bank Finance.