Property Loan
Maximum loan amount - Rs.5,000,000
- Installments - 180, Years -15, Interest rate - 5%
- Installments - 181-240, Years -20, Interest rate - 5.5%
- Installments - 241-300, Years -25, Interest rate - 6%
- Loans can be obtained by pledging property to purchase vehicles. Interest - 12%
The loan amount available and the number of repayment installments are determined by the amount you can borrow, subject to a 40% deduction limit on your salary, and your age limit.
- Must have completed 03 years of membership.
- Repayment period up to 25 years.
- If your spouse is also a member, you can apply for a loan of up to 10 million using the same property as collateral.
- You can apply for a property loan for home renovation, construction of a house, purchase of land, higher education, and starting a new project.
- A copy of the vehicle's registration must be provided to the society for a vehicle loan.
