Purpose
Purchase of ready property (flat, house, or apartment), construction of house on owned plot, or renovation of existing home.
Eligibility
- Salaried individuals
- Self-employed professionals
- Business owners
- Minimum age and income criteria as per bank norms
Interest Rate
10/11/12 % (2% Extra Penal Interest)
Repayment Period
24 Months
Guarantor
Two guarantors of good means are required.
Security
As per bank norms.
Document Checklist
- Identity proof (Aadhaar, PAN, etc.)
- Address proof
- Income proof (Salary slips / Form 16)
- Property documents
- Income tax returns (last 2–3 years)
- Any additional documents as per bank policy
