Last Updated on: 15/04/2024
1. For Salaried Individual: A permanent job with a minimum of 2 or 3 years service.
2. For Self-employed Professional: A minimum period of three years of activity in the related field.
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Purpose
Eligibility
Age Criteria
Arrival of
quantum of
loan for new
flat/house based on
LTV ratio
The value of the property to be purchased shall be arrived based on the lower of the following values:
(i) Cost of the house/flat, excluding stamp duty, Registration charges and other documentation charges, mentioned in agreement to sale
AND
(ii) Current Fair Market value as per the latest valuation report.
Quantum for
Old
house/flat
based on
The value of the property to be purchased shall be arrived on the lower of the following:
(i) Cost of the house/flat mentioned in the agreement to sale.
(ii) Fair market value as per the latest valuation report.
Repayment
Maximum 30 years including maximum holiday period
Holiday
Period
Depending on no. Of Floor
Maximum Moratorium
Upto 7 Floors
24 Months
>7 &<= 14
30 Months
>14 &<= 21
36 Months
>21
48 Months
Max 36 Months- Branch
Discretion
Max 48 Months-RLCC (Esp.
High Rise Building)
Download the Subha Gruha Application Form: (Click here)
To Apply Online: (Click here)