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Affordable Housing Finance Scheme

Key Features

@ 8.50% onwards & NO processing fees

Purpose Housing loan available for purchase of ready to move-in or nearing possession flats/housing units (with minimum 85% completion).
Loan Term

 - Maximum Term 30 years (For Resident Indian)

 - Maximum Term (For NRI):
        - For person with Professional Qualification – 20 years.
        - For Others – 15 years

Rate of Interest
Loan Slab For Women * For Others
Rs.10 lacs to Rs.15 lacs 8.50% p.a 8.55% p.a
Above Rs.15 lacs to Rs.20 lacs 8.55% p.a 8.60% p.a
Above Rs.20 lacs to Rs.50 lacs 8.65% p.a 8.70% p.a

* - Women has to be either applicant or co applicant in the loan application

Loan to Property Cost

 - For loan amount upto Rs. 20 lacs – 85% of cost of property

 - For loan amount above Rs. 20 lacs & upto Rs. 50 lacs – 80% of cost of property

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