IB Home Loan Combo
|Eligibility||Individuals including Joint borrowers who have
|Benefits||Under the package the borrower is entitled for any one or more of the following loans, with concessional interest rate and processing charges provided he / she is otherwise eligible as per the individual loan products subject to repayment capacity and other eligibility criteria.
* IB Vehicle Loan (Both 4 wheeler and 2 wheeler) * IB Clean Loan (to Salaried Class) * IB Pension Loan * IB Home Improve
Interest Rates and Processing charge concessions
|Product||Concession in Interest rate||Concession in Processing charge.|
|IB Vehicle loan||0.50 % from the applicable card rate of the respective period||50 % on applicable Processing charges of the respective product.|
|IB Pension loan.|
|IB Home Improve||NIL||50 % on applicable Processing charges of the respective product.|
|Security||* The security prescribed for the individual loan products are to be offered * Equitable Mortgage taken for the Home Loan should be extended to cover the other loan/s sanctioned under the package.
CERSAI registration (at Applicant’s cost) to be done
|Other Requirements/Details||* All other terms and conditions laid down as per the individual loan products should be complied with. * The Home Loan borrowers can avail any one or more of the above products subject to fulfilling repayment capacity for servicing existing loan liability/ies and the proposed loan liability/ies|
( अंतिम संशोधन May 09, 2022 at 06:05:46 PM )