Owning a home is perhaps the biggest and most important dream of an average Indian family.
A "home loan" is a credit to a consumer for the purchase or transformation of the private immovable property he owns or aims to acquire, secured either by a mortgage on immovable property or by a surety.
Unique Features:
Loan sanctioned within 6 days of submission of required documents.
Repayment permitted upto 70 years of age
Free personal accident insurance.
Purpose
Purchase/ Construction of House/ Flat
Purchase of a plot of land for construction of House
Extension/ repair/ renovation/ alteration of an existing House/ Flat
Purchase of Furnishings and Consumer Durables as a part of the project cost.
Takeover of an existing loan from other Banks/ Housing Finance Companies.
Specialty
Maximum amount 100 crores
Minimum loan 5 Lakh
Door step services
Bad credit history cases
can be considered.
Loan upto 100% of purchase value.
Minimum processing fee.
No processing fee for corporate
deals.
‘Monei Matters - Flexi’ Home Loans
'Flexi' Home Loan is a product that gives you a OD account
linked with your Home Loan Account. You can deposit any amount of
money in this account to save the interest on your Home Loan.
You can also withdraw the excess money deposited in the OD account
later. For more information please contact.
Minimum Loan Amount: Rs.5 lacs
(Other terms and conditions – as applicable to regular Home Loans)