For Business & Personal needs.
Individuals/Business Enterprises, Salaried.
- From 20000/- to 2.00 Lakh: 0.20% of the loan amount Plus applicable GST Min: 300
- Above 2.00 Lakh to 100 Lakh: 0.25% of the loan amount Plus applicable GST
- Above 100.00 Lakh: 1% of the loan amount Plus applicable GST
Against Registered/Equitable Mortgage of the non-encumbered residential House/Flat or commercial or industrial property with clear marketable title self-occupied or vacant standing in the name of the borrower/s/business enterprise.
Maximum (12 years) 144 Equated monthly instalments (EMI) OR up to the age of 70, whichever is earlier in case of individual borrowers.
(A concession of 0.50% on above applicable rates shall be granted to senior borrowers having satisfactory dealings with the banking channels for the last more than 5 years and LTV of less than or equal to 50%.
A concession of 0.50% on above applicable rates shall also be granted to valuable customers having satisfactory dealings with the banking channels for the last more than 5 years and offering self-occupied residential property as mortgage under scheme.
(However the interest concession to borrowers fulfilling both the above conditions shall not exceed 0.50 %.)