[supsystic-slider id=0]SELF CONSTRUCTION
Watching your home come alive, brick by brick, can be one of the greatest experiences of your life. Let finance not be the obstacle in your path. Our plot plus construction loan provides you with the funding you require to purchase the plot and to build the home you desire.
Our tailor-made finance solution will be structured in a way that you have the resource at every significant milestone of the construction. A dedicated relationship manager will ensure you have a smooth and hassle free process. Our unique offering across the loans we provide is that your interest clock starts from the day you collect the cheque.
- Construction of independent house, bungalow, row house and other variants
- We offer to fund up to 80% of the cost of the property (including the cost of the land). This is subject to the regulatory caps and your repayment capacity.
- Up to 30 years subject to your retirement age.
- Construction period allowed up to 24 number of months.
APPLICANT AND CO-APPLICANT TO THE LOAN
- Home Loans can be applied for either individually or jointly.
ADJUSTABLE INTEREST RATE HOME LOAN
Rate of interest is linked to Retail Prime Lending Rate (RPLR) and is subject to vary with changes in RPLR.
- Customer Segment
- Salaried Individuals (Both resident as well as Non Resident Indians)
- Self Employed Individuals (Customized schemes for doctors, CAs and other professionals)
- Self Employed Non Individuals
Interest Rates starting from 9.45% p.a
Retail Prime Lending Rate (RPLR) – 15.65% p.a (effective October 8, 2018)