Gurgaon Gramin Bank is a Regional Rural Bank, sponsored by Syndicate Bank having its Head Office at Gurgaon. It came into existence in the year 1976, and has operations in almost seven districts. The Bank is among the first RRB in the country under various financial parameters. The bank is also having its own Head Office building at Institutional Area in Gurgaon with State of Art technology.
Niwas Plus is the Pre approved personal loan for Housing Loan customers with good payment record.
PURPOSE – To meet any genuine personal or business credit requirement
ELIGIBILITY – existing Housing Loan customers who have demonstrated a satisfactory repayment record of 18 months or more
QUANTUM OF LOAN – The eligible quantum of loan shall be arrived as under, value of the residential property mortgaged under the Housing Loan being the value at the time of sanction of the loan or present value, in cases where the market value has declined in the area whichever is lower. Less the outstanding balance in the Housing Loan account as on the date of offer of this facility subject to a maximum of Rs. 2.00 lakh
RATE OF INTEREST – 12.50% per annum
REPAYMENT – In not more than 60 EMIs
SECURITY – Extension of charge for the loan value on the mortgage of the residential property created already towards Housing Loan.