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Housing Loans are granted to those interested customers desiring to construct buildings/ acquire flats/renovate existing buildings. The property financed by the bank shall be held mortgage as primary security. Disbursement of loan amounts shall be done on phase manner in accordance with the progress of the construction. For the purchase of existing house/flat, the sanctioned loan amount shall be directly released to seller with the consent of the borrower.

a) Housing Loan (Residential/Renovation)
Eligibility: Any individual who desires to construct/purchase flat/renovation
Rate of Interest: (Click here to refer interest rate chart)
Quantum:
Residential
i. 80% if the loan amount is up to 1.000 million
ii. 70% if the loan amount is between 1.000 million to 2.000 million
iii. 60% if the loan amount is between 2.000 million to 5.000 million

b) Housing Loan (Commercial/Renovation)
Eligibility: Any individual/firm desire to construct /renovation
Rate of Interest: (Click here to refer interest rate chart)
Quantum:
Commercial
i. 70% if the loan amount is up to 5.000 million
ii. 60% if the loan amount is between 5.000 million to 20.000 million
iii. 50% if the loan amount exceed 20 million