Housing Loan to allottees of GHB / AMC

Our bank has tied up with GHB / AMC for sanctioning Housing Loans to allottees under their Housing Scheme.

Salient features of our Housing Loan Scheme are as under :

Loan Amount Bank considers 85% of {sale deed + Stamp duty, Registration charges, GST, Property insurance) as Maximum Housing loan amount subject to total exposure not exceeding Rs. 70.00 Lacs per dwelling unit.
Loan Interest
  CIR SCORE Interest Rate
For both EMI and NON EMI Upto 25 Lac  
  700 & above 8.30%
  650-699 & (0 to 5 or -1 Score ) 8.50 %
  Less than 650 8.70 %
 
For both EMI and NON EMI More than 25 Lac  
  700 & above 8.50%
  650-699 & (0 to 5 or -1 Score ) 8.70 %
  Less than 650 8.90 %

Note: Women applicants will be eligible for further concession of 0.10% in above mentioned revised interest rates.

Processing Fees

Upto Rs. 25 lacs : No processhg fees upto 25.00 lacs till 30/06/2018.
Above Rs. 25 lacs : 0.20% of sanctioned amount + GST
(subject to maximum of Rs. 7500 + GST)

Share linking 1.00% of the loan amount sanctioned (Maximum 25000/-)

Housing Loan Subsidy :-

  • Annual Income of the Family should be less then Rs.6.00 lacs per annum. (for LIG)
  • Annual Income of the family should be less then Rs. 3.00 lacs per annum. ( for EWS )
  • Family should not own any house property other then the one under present housing loan.
  • A house is defined as an all-weather single unit or a unit in a multi–stored super structure having carpet area of up to 30 sq. m. for EWS category and upto 60 sqm. For LIG category.

For all other terms and conditions, kindly contact our nearest branch.

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All Rights Reserved by The Kalupur Commercial Co-operative Bank LTD.

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