Home Improvement Loan

Key Features

  1. Loan Amount: Maximum loan amount would be Rs. 225 lacs subject to IIR/FOIR grid AND LTV/LCR as per prevailing policy.
  2. Tenure: Minimum 3 years and maximum 15 years.
  3. Interest Rate: Floating rate with variable tenure will be offered. Please contact our branches for the prevailing rates.
  4. Fees: Please contact our branches for Processing fees.
  5. Repayments: Uniform EMI OR FLIP (Flexible Loan Installment Payment) will be available.
  6. Repayment mode: ECS (Electronic Clearing Service) is preferred.
  7. Pre-payment Charges: As applicable from time to time (Please contact our branches for details).
  8. Usage of Funds: Purely for legal and ethical purposes, a letter of end use of funds, duly signed by the borrower, is required.