Refer the Loan Interest Rates Circular in Circulars menu

Eligibility

Salaried individuals, Businessmen, Self-employed professionals like Doctors, Engineers, LAWYERS, Chartered Accountants, etc.

Construct your own bungalow
Buy flat/Row House
Buy resale flat
Takeover of existing Housing Loans with other banks & FINANCIAL institutions.

Express LOAN PROCESSING
Simple loan documentation
Low EMI
Interest on daily reducing balance
Low processing charges
Shareholding 2.5% of loan amount

Requirement Documents for New Property
75% of Agreement Amount of the Residential property subject to his income eligibility whichever is lower. 

For Resale Property
50% of Agreement Amount of the Residential property OR 75% of the Valuation Amount whichever is lower, subject to his income eligibility whichever is lower.

Loan Application Form.
Income Proof ( 3yrs Balance Sheet , Profit & Loss Account. )
City Survey Property Card and Inquiry Report.
City Survey Map.
Grampanchayat.
Gharfala Receipt.
Grampanchayat boundaries specification document.
Document of Business (Registration etc.)
Legal Opinion and Valuation.
Matured property holders promising letter / Note.
Income Tax Return.
STOCK statement ( Verified by branch manager. )
Proprietor Declaration Form .

In case of partnership firm .
Partnership deed.
Registration documents.

In case of company.
Memorandum documents.
Agreement to take the loan.
Agreement to do signature on loan documents.
Agreement of accepting terms & condition after sanction of loan amount.
In case of Development of plot Agreement between plot owner & builder.