In 1976, the central government amalgamated Uttar Bihar Kshetriya Gramin Bank and Kosi Kshetriya Gramin Bank (transferor regional rural banks) sponsored by Central Bank of India in the state of Bihar into a single regional rural bank which began to be called as Uttar Bihar Gramin Bank with its head office at Muzaffarpur.
Now area of operation of Uttar Bihar Gramin Bank are the districts of Araria, Katihar, Kishanganj, Darbhanga, East Champaran, Gopalganj, Madhepura, Madhubani, Muzaffarpur, Purnea, Saharsa, Saran, Sheohar, Sitamarhi, Siwan, Supaul, West Champaran and Vaishali in the state of Bihar. Uttar Bihar Gramin Bank sponsored by Central Bank of India, is one of the largest regional rural bank in India in terms of branch network, staff strength and area.
Purpose: This loan finances construction of house, purchase of house, renovation, addition/ alteration of existing house (for permanent employee).
Eligibility: Any permanent employee can avail this home loan.
Quantum of loan: Maximum loan amount shall be 36 times of net monthly income for a salaried person. For renovation /expansion/ alteration loan up to a maximum of Rs. 50,000 may be granted.
Rate of interest: The rate of interest is 12% to 13% per annum.
Margin: There is a margin of 20% for loans for residential purpose.
Repayment: The maximum period of repayment of this home loan is 10 to 15 years.
Muje gahr bnana ke liye 500000rupiya loan chaye me oman me kaam krta hun loan mera bhai legah
Hi parwej,
You can check your eligibility for a Home Loan here.
Cheers,
Team BankBazaar
Dear Sir my self anil singh madhubani.
sir kya mudra loan mil sakta hai
Dear Anil,
You can avail a loan of any value basis your eligibility. Start by checking here your eligibility here.
Cheers,
Team BankBazaar
Mujhe home renovation ke liye 3 lac chahiye mai Mumbai me rehta hu gaon me ghar banana hai bataye
Hi Pradip B Jha,
Thank you for stopping by. Please check your eligibility for Home Loans here.
Cheers,
Team BankBazaar