Immovable Property Loan

Unlock the Door to your Dream Home with Our Home Loan Solutions.

Features & Benefits

• Attractive interest rate
• Interest charged on daily reducing balance
• Simplified documentation

Purpose

Purchase of residential premises, Construction of Property, House Repair & Renovation.

Quantum of Loan

• Limit upto 1,40,00,000/-

Rate of Interest

Starting at 8.25% pa to 9.50% pa

Tenure

10 Years/ 20 Years

Documentation

1. Absolute Sale Deed
2. Possession Certificate/Release of Lease Agreement
3. Betterment Charges paid receipt
4. Latest Khatha Certificate and Khatha Extract
5. Upto date Tax paid receipt
6. Encumbarance for 13 years in Form No.15
7. Income Proof
8. Sanctioned Plan
9. Family Affidavit for loan repayment commitment
10. Residential Address Proof
11. Building Photo
12. IT Returns for last 3 years along with Balance Sheet and Profit and Loss Account Statement duly certified by the charted accountant

NOTE:

• Repayment of monthly installments – as per the Bank rules
• Loan will be sanctioned subject to fulfillment of any other conditions of the Bank(proportionate share amount, loan processing charges, insurance charges