|Target Group||Eligible persons/Age of the Applicants/Recognition of Income level /NTHP as applicable for Home Loan Scheme to Residents/NRIs.|
|Purpose||Purchase of House site on ownership basis( not on lease basis) layout of which duly approved by Competent Authority .|
|Quantum of loan||Permitted up to 36 times of the Gross Monthly Income ( as per latest Salary Slip for salary class) or THREE times of Annual Net Income ( in case of P& SE /Business category- based on average of latest Two years ) subject to maximum of Rs,1200.00 lakhs.|
|For purchase of property in||Amount of loan ( Rs. In lakhs)|
|Margin||Maximum 25 % for residents and NRIs on the cost of plot.
LTV ratio should not exceed 75%. If the value of the plot to be purchased is more than Rs.100.00 lakhs, valuation of two Independent panel engineers are to be obtained
( अंतिम संशोधन Jul 24, 2020 at 07:07:54 PM )