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Home Loans >> Urban Housing Loan

 

Beneficiary

Individuals and Members of Coop. Housing Societies.

Purpose

Purchase of built up house or flat, construction of new house, repairs/renovation and addition of existing house in urban house.

Loan Limit

Maximum amount up to RS. 25.00 lakhs.

Rate of Interest

10.50%

Margin

25% at least.

Repayment Period

Maximum 15 years.

Collateral Security

First mortgage of House Property to be financed by the bank

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