Purpose:

• Purchase a plot of land for purpose of construction of house.
• Purchase /construct a new house / flat.
• Purchase an existing (old) house / flat or extend an existing house.
• Repair or renovate an existing house / flat.
• Takeover of Home Loans from other Banks / HFCs / FIs.
• Furnishing/interiors as part of the project cost.
• Re-imbursement of investment made from own resources during the preceding twelve months for purchase of house/flat/construction of house/repair and extension of house.
• Purchase /construct a new house / flat outside the state of Jharkhand.

Points to be noted:

• Purchase a plot of land for purpose of construction of house.
• Loan Tenure will be upto 70 years or maximum repayment period of 30 years (whichever is less) with 18 months moratorium included.
• Co-borrowers restricted to maximum 3 including spouse / children / parents / siblings.
• Minimum Credit score of 520 & above is considered subject to nil overdue or default.

Papers Required for Applicant/ Guarantor

• KYC
• Last 2 years FORM 16/ ITR.
• Latest 3 months Salary Slip.
• Last 6 months salary account statement.
• Last 6 months salary account statement.

Salaried

• KYC
• Last 2 years FORM 16/ ITR.
• Latest 3 months Salary Slip.
• Last 6 months salary account statement.
• Last 6 months salary account statement.

Non- Salaried

• KYC
• Last 2 years FORM 16/ ITR.
• Latest 3 months Salary Slip.
• Last 6 months salary account statement.
• Last 6 months salary account statement.

Purpose:

Any Property which can’t be mortgaged specially in Hilly/Tribal Plus.

• Home Loans to people residing in Hilly /Tribal areas.
• No Mortgage of land.
• Loans given against Third Party Guarantee.
• Maximum loan Rs.25 lakhs.
• Maximum Loan tenure 15 years.

Purpose:

Existing customers will be eligible based on the following

• Age should be between 21 and 60 years.
• Minimum 5 years in service (for salaried & Business both).
• Availability of Check Off, if salary A/c not with us.
• Maximum repayment period will not exceed 15 years (including moratorium period) or the remaining period of service of the salaried borrower or 60 years for non-salaried, whichever is less.
• Third Party Guarantee of a person whose Net worth will be equal to or more than the loan amount.

Purpose:

• Any property which can’t be mortgaged, especially in Hilly/Tribal areas.

Special Features:

• Home Loans to people residing in Hilly/Tribal areas.
• No Mortgage of land.
• Loans given against Third Party Guarantee.
• Maximum loan amount: Rs. 25 lakhs.
• Maximum Loan tenure: 15 years.

Points to be noted:

• Existing customers will be eligible based on the following:
• Age should be between 21 and 60 years.
• Minimum 5 years in service (for salaried & business both).
• Availability of Check Off, if salary account is not with us.
• Minimum CIBIL Score will be 700.
• Maximum repayment period will not exceed 15 years (including moratorium period) or the remaining period of service of the salaried borrower or 60 years for non-salaried borrowers, whichever is less.
• Third Party Guarantee of a person whose net worth will be equal to or more than the loan amount.