Kal Housing Loan

Own house is a dream of everyone. We convert the dream to reality and make you proud owner of your own house. We provide finance up to Rs.70.00 lacs at reasonable interest rate .Drop in at any of our branches and go back with a smiling face.

Purpose (i) For construction of Bunglow/Tenaments
(ii) For purchase of ready build flat/Tenament/Raw house
(iii) For repairing/renovation of flat/Tenament
Loan Amount Max 70.00 Lacs or 85% of sale deed which ever is lower.

15% of sale deed (  25% * in case of House under construction )

( *

1) For House/flat under construction House/flat for ready possession 25% * 15%

2) At the time of stage wise disbursement and while making final payment for
execution of sale deed overall margin to be maintained at 15%.

3)  For the Business person under Turnover method margin will be 25% irrespective of amount.)

Repayment Period 20 years
Rate of interest
Upto 28 Lacs CIR SCORE Interest Rate
For both EMI and NON EMI Upto 28 Lac  
  700 & above 8.50%
  650-699 & (0 or -1 Score ) 8.70 %
  Less than 650 8.90 %
Above 28 Lacs    
For both EMI and NON EMI More than 28 Lac Interest Rate
  700 & above 8.70%
  650-699 & (0 or -1 Score ) 8.90 %
  Less than 650 9.10 %

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


Processing fee

Upto Rs. 28 lacs : Rs. 2500.00 + GST
Above Rs. 28 lacs : 0.20% of sanctioned amount + GST (subject to maximum of Rs. 7500 + GST)

Share linking 1% of the loan amount sanctioned ( Max. 25000/- )
Category of customer Average CIR score is Third party quarantee
New and Existing customers 700 and above There is no requirement of Third party quarantee.
Existing borrower customer enjoying credit facilities with our bank for last 12 months and conduct of the account is satisfactory -1 or 0,Less than 700

One guarantor is requted.


New customers -1 or 0, 625 & above and less than 700

One guarantor is required.


New customers Less than 625

Two guarantors are requted.


Security Mortgage of Flat/Tenament/Raw house/Apartment
Eligibility criteria 40% of Average monthly income be equivalent or less than proposed monthly Installment and interest after deduction of other loans EMI.

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

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