Home Loan


Sr. No.ConditionsRequirements
1Maximum limitLimit Rs. 40.00 lacs per employee.
2Eligibility Minimum age of 21 years or  Maximum age of 65 years/ Individual/Business/Govt. employee 50 times of avg. net montly income of last three yrs./50 B.P. + D.A. respectively .The loan will be provided to the eligible borrowers within the whole distt. Panchkula.
3PurposesFor purchase/ construction of house/Flat, Purchase of residential Plot/ Payment of installment /Installments of plots allotted by HUDA. Repair & Renovatiion of the dwelling .Payment of earnest money of HUDA plots.
4RepaymentMax. 20 yrs or up-to 58 yrs. of age. The loan amount will be repaid in equated monthly installments/ the pre payment of the entire lone or an installment/installment will be permissible without any extra charge. EMI shall be payable by 15th of every month either by check or demand draft.
6SecurityMortgage and Mutation of property, two guarantors, Post Dated Check.
7Rate of Interest

Rural  9%, Urban 8% Public


 School &College  11% Monthly
8Required DocumentsDuly completed application form /one passport size photograph /proof of residence/Sale Deed agreement/
   TDS Certificate / Three year I. T. returns duly acknowledged by ITO/assessment orders for computation of income.
   Salary certificate from employ. Photocopies of challans of Advance I.T. paid  .
  For more Detail  contact to our nearest Branch.