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 |
8.50% |
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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