Add-on loan scheme for all individuals, including joint owners who have availed housing loan from our bank for personal expenditure.
Scheme |
Housing Plus |
Facility |
Term Loan |
Purpose |
For any personal expenditure like expenses for renovation of the house, medical expenses, marriage expenses or expenses for any family function etc.
|
Eligibility |
All those individuals, including joint owners who have availed Housing Loan from our bank. |
Margin |
Maximum permissible limit will be 70% of the residual value of the house property. |
Security |
The house property for which existing housing loan is availed. |
Guarantors |
Minimum one acceptable to bank. |
Repayment Period |
7 years extendable to 10 years. |