Up to 20 Years
Equated Monthly Instalments (EMI) through Automated Clearing House (ACH).
Tax deduction, subject to a maximum limit of ₨ 2 Lakhs for interest payments, and up to ₨ 1.5 Lakhs for principal repayment. Tax benefit can be shared between co-borrowers, subject to certain conditions.
|Interest Rate||Discount to RPLR|
|Interest Rate Range||12% - 15%||6.5% - 3.5%|
|Mortgage Origination Fee||₨ 5,000 plus applicable taxes and/or other statutory levies. This is a one time non-refundable fee, and is collected for the purpose of appraising the application for the Loan, and is independent of the outcome/result of such appraisal. This amount is payable at the time of submitting the application form.|
|Processing Fee||Up to 2% of Loan Amount plus applicable taxes and/or other statutory levies.|