Tag Archives: Housing Loan

Shriram Urban Co-operative Bank Limited – Housing loan

Purpose – The home loan is offered for the Purchase/Construction of Flat/Independent Bungalow Quantum of Loan – Maximum Limit will be as per Exposure Norms. Terms –           Maximum 13 yrs. / Maximum moratorium 18 months or date of possession, which ever is earlier Margin –           15% for ready possession and 30% for under-construction of Flat/House… Read More »

The kaduthuruthy Urban Co-Operative Bank Limited- Housing loan

The kaduthuruthy urban co-operative bank was registered on November 14th 1973 with 323 Members and a share amount of Rs 17900/-as working Capital.  In November 1974 itself the Bank came under the Banking Regulation Act from then onwards the bank’s   deposits   are   having   Insurance   Coverage. The bank was issued license by the RBI on 17.06.1986,… Read More »

Vaish Cooperative Adarsh Bank Ltd. – Housing Loan

Purpose: This loan finances acquiring of a house. Eligibility: The applicant should not be over 55 years of age. The applicant should have an annual income of at least Rs. 2 lakh. In case of salaried employees, the employers consent to deduct the EMI from the salary account need to be submitted. In case self… Read More »

Wainganga Krishna Gramin Bank – Housing Loan Scheme

Wainaganga Krishna Gramin Bank came in to existence on 15th December 2008 through amalgamation of Wainganga Kshetriya Gramin Bank, Chandrapur, Solapur Gramin Bank, Solapur and Ratnagiri-Sindhudurg Gramin Bank, Ratnagiri. The authorized capital of the Bank is Rs. 500.00 lakhs and the paid up capital is Rs. 400.00 lakhs. Government of India, Government of Maharashtra and… Read More »

Assam Gramin Vikash Bank – Housing Loan

Government of India through a notification dated 12th January 2006 amalgamated the four Regional Rural Banks sponsored by the United Bank of India in the state of Assam to form Assam Gramin Vikash Bank (AGVB). The erstwhile RRBs amalgamated were Pragjyotish Gaonlia Bank (Established on 06-07-1976), Lakhimi Gaonlia Bank (Established on 29-07-1980), Cachar Gramin Bank… Read More »

Dombivli Nagari Sahakari Bank Limited – Swapna Vastu Housing Loan

Purpose: This loan finances purchase of new Flat/ Bungalow and construction of own house   Eligibility: Salaried person and Self-professionals can avail this home loan.   Quantum of Loan: The maximum amount of loan that can be granted per beneficiary of a dwelling unit is above Rs.20 lakhs up to Rs. 30 lakhs.   Rate… Read More »

Aryavart Gramin Bank Housing Loan

Aryavart Gramin Bank, a Regional Rural Bank, was constituted on 3rd October 2006 after amalgamation of three Regional Rural Banks (RRBs) namely Avadh Gramin Bank, Barabanki Gramin Bank and Farrukhabad Gramin Bank as per Government of India notification no. F.No.1/4/2006-RRB dated 03-10-2006. The said three RRBs were sponsored by Bank of India and had location… Read More »

Dombivli Nagari Sahakari Bank Limited – Sukh Vastu Housing Loan

Purpose: This loan finances purchase of new Flat/ Bungalow and construction of own house.   Eligibility: Salaried person and Self-professionals can avail this home loan.   Quantum of Loan: The maximum amount of home loan that can be granted per beneficiary of a dwelling unit is Rs.20 lakhs.   Rate of Interest: The rate of… Read More »

Citizen Credit Co-Operative Bank Ltd – Housing Loan

Citizen Credit Co-operative Bank Limited offers home loans to salaried individuals below the age of 50 and Professionals & self employed persons in business for at least 3 years. The main eligibility criteria for a borrower are his repaying capacity. Maximum of 75% of the agreement value, 75% of estimated cost of construction and 75%… Read More »

Muthoot Group Is Now Into Housing Loan

Recent press reports said that the Muthoot group, which is well known for its gold loan segment has planned to set up a new company, Muthoot Housing Finance which will provide home loan and complete subsidy of Muthoot Fin. Corp. The company has planned to issue loans ranging from three lakhs to 10 lakhs with… Read More »