|
Public Agencies |
| Purpose |
: |
Loans for Construction of Housing Projects for Sale. |
| Applicants |
: |
Statutory Bodies in Public Housing. |
| Loan Amount |
: |
70% of Property Cost. |
|
|
|
| Rate Of Interest |
: |
Quoted on Application. |
| Loan Term |
: |
Max. 10 Years. |
| Repayment Mode |
: |
Principal by Quarterly / Half yearly Instalment. Interest to be paid monthly. |
| Security |
: |
Equitable mortgage and guarantee from respective State Govt. |
| Front End Charges |
: |
Processing Fees : Rs 10,000/-. Admin Fees : 1% of amount sanctioned. |