| Beneficiary |
Individual and Members of Coop. Housing Societies. |
| Purpose |
Purchase of built up house or flat, construction of new house, repairs/Renovation and addition of existing house in urban areas. |
| Loan Limit |
Maximum amount up-to Rs. 20.00 Lac |
| Rate of Intt |
12.00% |
| Margin |
25% |
| Repayment Period |
Maximum 15 years. |
| Collateral Security |
First mortgage of House Property to be financed by the bank. |
| Area of Operation |
Loan shall be advanced in the area operation in the Muktsar district. |