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Home Loans >> Rural Housing Loan

 

Beneficiary

Individuals & members of coop. Housing Societies.

Purpose

Purchase of built up house, construction of new house, repairs/Renovation and addition of existing house in rural house

Loan Limit

Maximum amount up-to RS. 15.00 lakhs with 15% margin at least.

Rate of Interest

10.50%

Repayment  Period

Maximum 15 years

Collateral Security

Agricultural Land for the value of the 100% of the loan amount besides the Mortgage of house to be financed by the bank.

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