The bank offers home loans for purchase of Plot for construction of a House, purchase/construct house/flat, as well as for renovation/ repair/alteration/addition to house/flat, furnishing of house.
Highlights
Interest Rate
0%
Loan Amount
For Loan up to Rs.20 Lacs – 15%
For Loan up to Rs.75 Lacs – 20%
for Loan above Rs.75 lacs - 25%
Life Insurance cover to housing loan borrowers , at affordable premium against risk of death during tenure of loan under Group
Insurance Scheme in tie up with Star Union Dai-Ichi Insurance Co. Ltd. at borrower’s own expenses & option.
Loan furnishing the house/flat at a rate of interest as applicable to housing loan under the scheme.
Security
Security
Mortgage/Equitable Mortgage (1st charge) on land/flat/house. Third Party guarantee (if mortgage could not be created at the time of disbursement).