·Purchase of ready built house/flat/ old flat not more than 30 years in Mumbai, 15 years elsewhere.
·For takeover of housing loans from other banks/institutions.
The rate mentioned below are
Highlights
Interest Rate
8.5%
Loan Amount
For salaried class: For loans below Rs 20 lakh, the margin money is 10%
For Business class : For Loan upto Rs.20.00 lakhs – 15%
For Loan above Rs.20.00 lakhs – 20%