housing loan chennai only 7299870518

Construction of house. Purchase of ready built house/flat. Purchase of flat under construction. Repairs / Renovation / up-gradation of house. Extension of house. Balance transfer / takeover of housing loans.
2	Who is eligible	All individuals who are salaried / professionals / self-employed / businessmen / NRI / Pensioners who have adequate repayment capacity.
3	Quantum of loan	75% to 85% of the project cost subject to repayment capacity and sufficient net take home income.
4	Repayment period	For salaried individuals - 5 years to 30 years. For professionals - 5 years to 25 years. For NRI - 5 years to 15 years. For business class - 5 years to 20 years.
5	Interest rate applicable	Floating rate of interest applicable as given below: For loans up to Rs. 30 lakhs - 10.50% to 11.75%.*  For loans above Rs. 30 lakhs - 10.75% to 12.00%.*
6	Disbursement	In the case of purchase of house / flat, on the date of registration, and in the case of construction / repairs / renovation / up-gradation / extension, as per the progress of work.
7	Security for the loan	Equitable mortgage of the residential property being financed.
8	Collateral security	Depends up on case to case basis.
9	Stamp duty	As laid down in The State Stamp Act of the respective state government.

Note: For details regarding Processing charges, other charges and other Compliances, please contact your nearest branch.