Objective: The main purpose of the this scheme is to buy , repair and maintain the house.
Eligibility: According to income of the Borrower.
Loan Limit: As per requirement and merits of each case.
Interest: 9.65% per annum (floating) linked with Base rate of our sponsor bank.
Margin: According to loan amount, minimum 10%
Security: Mortageg of the home which is to be repaired, constructed or purchased, in case it is found insufficient to cover the loan, additional 3rd party guarantee with the security is obtained
Repayment: 10 – 20 yrs. in monthly or half yearly installments.