- SAILU
- Mon - Sat : 10.30 A.M - 5.30 P.M
Every person yearns to own a home at some point in life. You will need your own home to support a family or have a robust real estate investment. We offer Home Loans and Home Construction Loans or Construction Loans, as they are popularly known, to fulfill this dream with simple documentation and flexible repayment schemes. Both the loans come in handy when you plan for a residential property.
| Applicant | Individuals Or Jointly (Co-Borrowers Having An AssuredSource Of Regular Income Viz. Salaried / Self-Employed Persons, Professionals, Businessmen, Farmers Etc). |
| Purpose | Construction Of House, Where In The Plot/Land Alreadyowned By The Applicant To Buy Built Up (New Or Second Hand) / Semi Built Up house Or Flat.To Extend/Renovate/Repair,The Existing House Or Flat.To Extend/Renovate/Repair, The Existing House Or Flat.To Buy A Flat Under Construction Or Proposed To Be Constructed |
| Loan Amount | 70% Of Flat Or Construction Cost Or As Per Income Repayment Capacity. |
| Rate Of Intrest | 10 % |
| Repayment | Max Upto 20 Years. |
| Security | Registered Mortgage Of Financed Property/Property Proposed To Be Furnished. |
| Processing Fee | 05% + (GST) |
| Share Holding | 2.5% Of The Loan Amount |
| Documents | For Detail Documents Please Contact Your Nearest Branch. |
| New Member Form | |
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Loan Document |
Co Borrower Document |
Guarantor No 1 |
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