Product - Housing
- RURAL HOUSING SCHEME
- Loans for repairs of old houses/restructuring/new houses in rural areas.
- Repayment coinciding with their line of activity such as trade / agriculture.
- Easy formalities – Immediate sanctions / lower interest rates.
- Construction of new house / flat / purchase of old house / flat.
- Repairs / Renovations of existing houses.
- Security of proposed house site and building / suitable guarantee.
- Lower attractive interest rates.
- Interest Eligible for income tax exemption. (as per current rules).
- Housing loan semi urban Rs.50.00 lakhs
- Concessional interest rate of 10.30%