House Construction Loan to Indls/ Salaried

Purpose: For the construction of house.

Maximum limit: For House/site – Rs.20,00,000/-

Quantum of Finanace: 70% of the Estimation/valuvation.

Term: 10- 15 years based on the age of the borrower.

Security: Proposed site/acquired asset should be mortgaged to the bank. In addition 2 local personal sureties should be provided having sufficient land holdings.