| Sr.No. |
Conditions |
Requirements |
| 1. |
Maximum limit |
Limit Rs. 30.00 lacs per employee. |
| 2. |
Eligibility |
Individual/Business/Govt. employee
50 times of avg. net montly income of last three yrs./50 B.P. + D.A. respectively.
|
| 3. |
Purposes |
For purchase/ construction of house |
| 4. |
Repayment |
Max. 20 yrs. &/or upto 58 yrs. of age |
| 5. |
Margin |
25% |
| 6. |
Security |
Mortgage of property, two guarantors |
| 7. |
Rate of Interest |
6.90% (Fixed ) Public
6.75% (Fixed )(Harcobank staff) |
|
|
