Eligibility

Persons having regular income/salaried people/business people

Age limit

18-58 years and upto 70 subject to terms and conditions

Loan limit

(i) Purchase of New house/Constuction of New house-Rs.2000000/- and Rs.3000000/- subject to NABARD exposure Noms
(ii)For repair and Developent-Rs.300000/-

Margin

LTV<=1000000-15%
LTV>1000000-20%
For Repair and Development margin will be paid at 15% of projected cost

Rate of Interest

11% subject to change time to time

Repayment

Maximum of 20 years including12 month Moratorium for Construct New house

For Repair and Development term will be 5 years

Repayment will be paid in EMI(Equated Monthly Installments)