| Sr. No. |
Features of the Scheme |
Brief Details of the Features |
1 |
Scheme Limit |
Minimum Rs. 20 Lakh Maximum- No limit |
2 |
Eligibility Criteria |
Scheme is applicable only for Individual salaried customers. Non salaried customers are not eligible |
3 |
Review of CC |
Annually review to be done. No review charges applicable |
4 |
Calculation of Drawing Power |
The Drawing power of CC limit to be reduced on a monthly basis in line with the principal outstanding as per repayment schedule. |
5 |
Other important features |
Customers can park any additional/ lumpsum amount.
Credits into the account will be permitted only after release of the loan amount/First disbursal.
Outstanding should never exceed DP.
Income norms, Purpose, Salary, LTV, Margin, Take away home pay, Security Norms, processing charges etc as applicable to Subhagruha Home Loan.
|
6 |
Top Up loan |
Eligible |
7 |
Applicable charges |
Processing charges and service charges as applicable to current account will be applicable |