Beneficiary

Individuals and Members of Coop. Housing Societies.

Purpose

Purchase of built up house or flat, construction of new house, repairs/renovation and addition of existing house in urban house.

Loan Limit

Maximum amount up to RS. 25.00 lakhs.

Rate of Interest

12 .50%

Margin

25% at least.

Repayment Period

Maximum 15 years.

Collateral Security

First mortgage of House Property to be financed by the bank