|
Co-Operative Societies |
| Purpose |
: |
Loans to individual members of Housing Co-Operative Societies of the Applicant Company. |
| Applicant |
: |
Co-Operative Housing Societies of Reputed Public Ltd. or P.S.U.s |
| Loan Amount |
: |
Min Rs 5 lacs - Max 70% of Property Cost. |
|
|
|
| Rate Of Interest |
: |
Quoted on Application. |
| Loan Term |
: |
Max. 15 Years. |
| Repayment Mode |
: |
Equated Monthly Instalment |
| Security |
: |
Equitable Mortgage and Guarantee from Co. |
| Front End Charges |
: |
Processing Fees: Upto 25 members : Rs 2500/-, and Rs 5000/- for more than 25 members. Admin Fees : 1% of amount sanctioned |