Construction / Purchase / Repairing of Flat / Tenament / Raw House / Bunglows.
The existing repayment obligation/s of the loan/s availed by the borrower will be added to the proposed Home Loan EMI for calculation of EMI / NMI Ratio. The said ratio must remain within the benchmark level as per the Bank’s below mentioned guidelines.
Net Annual Income
EMI / NMI Ratio
Above Rs.1.20 Lacs and upto Rs.2.00 Lacs
Above Rs.2.00 and upto Rs.5.00 Lacs
Above Rs.5.00 Lacs and upto Rs.10.00 Lacs
Above Rs.10.00 Lacs
Loan Amount : Max. Rs. 70.00 Lakh or 85 % of Sale Deed whichever is lower
Provision for SUBSIDY under Pradhan Mantri Awas Yojana in eligible cases