Vijaya bank offers you an excellent opportunity to avail housing loan for the construction/acquisition of house/flat as well as for repair/renovation of the existing house/flat. The housing loan scheme of the bank covers purchase of old house / flat of age 30 years and below, home improvement loan – repairs, renovation (including cost of kitchen Cabinet, racks, wardrobes, and electrical/solar power fittings) of existing house of age 50 years and below. The maximum quantum of loan is any amount - on need based as per the cost less fixed margin subject to loan entitlement.
Highlights
Interest Rate
0%
Loan Amount
Min. - Rs 100000
Max. - Rs 2000000
Tenure
Min. - 5 Yrs.
Max. - 20 Yrs.
Interest Rates
Tenure
Interest Type
Interest Rate
Offer
15 - 20 Yrs.
Floating
11 %
10 - 15 Yrs.
Floating
10.5 %
5 - 10 Yrs.
Floating
10.25 %
1 - 5 Yrs.
Floating
9.5 %
5 - 10 Yrs.
Fixed
10.5 %
1 - 5 Yrs.
Fixed
10 %
Fees & charges
Fees & charges
Processing Fee
0.25 %
Security
Security
security of the site and building / flat constructed / to be constructed / to be purchased for which the finance is being extended, subject to satisfactory valuation and applicant’s clear marketable title / free from encumbrance the property.