Individual Housing Loans

1.	Purpose	Purchase of a ready built house/ Flat/Flat under construction. Construction of house/ Flat. Undertaking extension, repairs, renovation, up gradation, creation of additional amenities, subject to the satisfaction of the Company. For Taking over the HL liability from other recognized Financial Institutions/ Banks subject to the satisfaction of the Company.
2	Eligibility	Individuals who are salaried / professionals/SE & NP /NRI /pensioner who have adequate repayment capacity supported by Proof viz, Salary slips/Form 16 and Income Tax Returns. Property proposed for mortgage to stand in the name of applicant/s.
3	Margin	Up to Rs.30 lacs - 15%. Above Rs.30 lacs up to Rs. 75 lacs - 20%. Above Rs.75 lacs - 25%.
4	Security	Mortgage of the property being financed. Collateral: on case-to-case basis.
5	Rate of interest	Prevailing card rate
6	Repayment	Maximum up to 30 yrs.
7	Other Benefits	Borrowers with good track record are eligible for Top-up and Personal loan.