Housing Loan

• A loan given by the bank to purchase house/flat or to construct a new house.
• Maximum Amount: Rs.2500000/-(Twenty Five Lakhs)
• Interest calculated on diminishing balance, Service Charges are applicable from time to time, Long repayment period of 240 months, Repayment mode, Diminishing intallment/EMI
• No prepayment penalties.

Purpose
To purchase/construct house,To purchase a plot of land for construction of house,To extend existing house

Eligibility

• Applicant must be a regular A class member of the Bank.
• An individual who are-Salary earners or, Businessman/entrepreneur/self-employed/professional, engaged in any of valid gainful activity

Documents Required

• Photographs (2 No’s), Applicant must be a regular A class member, Land tax Receipt, Possession Certificate, Location Certificate & Sketch, Thandapperu, Income Certificate (6 months bank statement), Salary Certificate, Encumbrance Certificate (30 years), Estimate (From a Licensed engineer), One and Same certificate (If applicable), Affidavit (If applicable),Original Title deed, Prior deed Title deed,  Approved plan & Permit, Last 3 years IT returns. (If applicable)
• For More Details, Please Visit Our Nearest Branch