Housing Loans
¨ This facility is to be allowed against the mortgage of properties for own residential purpose.
¨ Maximum permissible Housing Loan is Rs.200 Lacs.
¨ Margin should be 10.00 % to 20.00 %
¨ Repayment will be allowed up to 20 years (including moratorium periods.)
¨ Title of the property must be verified and certified by our approved advocate for the purpose, as clear, marketable and free from all encumbrances.
¨ Insurance for properties covering all requisite risks is mandatory.