Purpose | For meeting any genuine needs and purpose acceptable to the Company and should not be for any speculative purpose. |
Eligibility | Individuals who are Salaried/Professionals/ Self employed non-professionals who have adequate repayment capacity supported by proof i.e. Salary Slips/Form 16/ and Income tax returns. |
Loan Quantum | Min : Rs. 2 Lakh Max : No ceiling |
Repayment | Upto 30 Years (Subject to Maximum age of 65 years or Retirement age, whichever is earlier for Salaried and For Self Employed maximum age is 70 years at the time of loan maturity) |
Margin | 30% to 50% |
Security | Mortgage of the property being financed |
Special features |
Takeover & Enhancement (BT & Top Up) Top Up (Addl. Loan on existing property loan) Both residential and commercial properties are accepted |