The scheme shall be available only on plots of HUDA / Housing Board Houses and flats and Housing colonies approved by Director Town & Country Planning only within the area of operation Chandigarh & Panchkula of the bank.
All Govt. employees and employees of Boards/Corporations/Cooperative Institutions. Registered and Recognized Educational Institutes, Multi National Companies, Public and Private Companies etc. Such borrowers shall be eligible for the loan equal to their 50 times of monthly gross pay.
Professionals, Businessmen and Traders will be eligible for the loan upto 50 times of the average of their net monthly income during the past three years.