Turn your dream of your own home into reality: Turn the key, walk through the door. This new house is all you ever wanted and more.

Purpose:
To provide financial assistance for plot/house purchasing/construction/ repair/extension/renovation. Also, provide loan for building house on agricultural land and conversion of land for non-agricultural purpose as well as takeover of house loan availed from other financial institutions.

Features:
• Sanctioned as Term Loan for tenure up to 20 years
• Loan for constructing hostel and residential complex for schedule caste and schedule tribe.
• Loan for education, health, social and cultural centers development in housing projects
• Loan for building shopping center, market and other such centers required for daily necessities of residents in a housing colonies
• Loan for plot/house purchasing/ construction/ repair/ extension/ renovation/ takeover
• Loan for building house on agricultural land and conversion of land for non-agricultural purpose
• Maximum loan up to Rupees 75.00 lakh
• Instant Top Up Loan Available
• Moratorium period up to 12 months

Advantage:
• Low Interest Rate
• 85% of the cost of construction/purchase to be provided as loan
• Minimal Documents
• Minimal Processing Fee
• No hidden charges
• No Pre-payment penalty

Eligibility:
• Any person domicile of the Rajasthan state, desiring to purchase/ build house in the Jodhpur District.
• Age: Minimum 18 years to maximum age 55 years at the time of application
• The applicant should have last 03 years of Income Tax Returns.

Rate of Interest:
• Rate 7.50%
• ROI is calculated on daily reducing balance

Charges:
• Minimal Processing Fee
• Other Charges: Document stamp charges as prescribed by the Government

Documents Required:
• Application form duly filled and signed
• KYC Documents of the applicant and 02 guarantors
• CIBIL reports of the applicant and 02 guarantors
• Last 03 year Income Tax Returns of the applicant and 02 guarantors
• Property documents of the land to be pledged against loan
• Valuation report of the bank’s valuer for purchasing a house
• Estimate of cost of construction issued by a civil engineer
• No objection certificate issued by appropriate authority
• Affidavit by the applicant

*Terms & Conditions apply. For further details, Please contact your Nearest Branch