House Renovation
| To meet financial requirement for House or Flat Repair/Renovation/Improvement. | ||
| Loan amount | As per the bank’s prevailing policy. | |
| Eligibility | Loan available to salaried persons, self employed, professionals and businessmen | |
| Margin | 20% of quotation | |
| Tenure | Maximum 60 months | |
| Guarantors | Two guarantors with sound net-worth acceptable to the bank | |
| Security | Equitable Mortgage / Registered Mortgage of Residential Premises Minimum 25% margin of the value of security | |
| Interest Rate | As per the bank’s prevailing policy. | |
| Processing Charges | Decided by bank from time to time | |
Visit nearest branch for any additional information.
