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.
Tribal Plus Home Loan
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.
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