Punjab-National-Bank-logo.pngallahabad-bank-logo.pngpartner-logo-1.pngpartner-logo-2.pngpartner-logo-3.pngpartner-logo-4.pngpartner-logo-5.pngsbi-logo.png
Purpose : Loan against Mortgage of Residential House / Flat.
i)   Children´s Education / Marriage
ii)   Children´s Education / Marriage
iii)   Purchase of another Property.
iv)   Business Expansion.
Loan Amount : Min Rs.2,00,000/-
Loan Term : Maximum 15 years
Disbursement Of Loan : Equated Monthly Installments (EMI) - Monthly Rest Basis.
Security : 1. Equitable / Registered Mortgage of Residential Property - Age of property not more than 35 years.

2. Demand Promissory Note.
Upfront Fees : 1.00% of Loan Amount + Service Tax, as applicable.
This scheme is applicable to Resident Indians only.

Interest Rates at 11.60% for 15 years. Lowest EMI Rs. 1 per Lakh

Interest Rate 11.6% Floating
Lowest EMI Rs. 1,175 per lakh
Tenure Max 15 years
Prepayment, Foreclosure Charges Individual Borrowers: Prepayment allowed with nil charges for floating rate loans.
Others: Prepayment charges, restrictions may apply

 

Interest Rates Feb 2017

HDFC Ltd

8.65 - 8.75%

ICICI Bank

8.65 - 8.85%

LIC Housing

8.50 - 8.90%

DHFL

8.60%

Axis Bank

8.65 - 8.70%

SBI

8.60 - 8.70%

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