Maximum limit of loan:

For construction of New House - Rs.15,00,000/-

For purchase of ready built house - Rs.15,00,000/-

Note: Minimum land 0.03 decimal over which the building will be constructed


Mortgage of the property over which the proposed building to be constructed by way of registered mortgage deed.

Maximum repayment period:

New house : 10 years in 120 equal monthly installment

Repair/renovation : 10 years.

Moratorium period : 12 months from the date of disbursement of first loan.

Rate of interest @ Up to Rs.3,OO,OOO/- : 12.50%

Above Rs.3,OO,OOO/- : 13.00%