Hello, the bank of Rajasthan is now amalgamate with ICICI bank and hence here I am providing you the details of the Apna Ghar Scheme offered by the ICICI bank as under:

Housing Finance:-
It is provided to an individual singly/jointly for the purpose of construction of house/ purchase of ready built house/land / extension of existing house/ repair of house. The amount of finance depends upon the repayment capacity of the applicant.

Eligibility:-
Any person/ group of persons, salaried/ self -employed / business class/ retired jointly with employed spouse or son having regular income and capacity to repay installments of proposed housing loan.

Purpose:-
- Purchase of ready built House/Flat, Land and construction thereon
- Repairs and Renovation
- Shifting / take over of loan. (Take over of loans availed from other financial Institutions)

Quantum of Loan:-
- for Purchase of ready built House/Flat, Land and construction thereon. :- Maximum Rs.100.00 lacs.
- for Repair and Renovation - Maximum Rs.10.00 lacs.

Margin:-
15% in case of purchase of house, flat, land and construction thereon etc. and repairs and renovation.

Repayment Period:-
Maximum 20 years in case of purchase/construction of house/flat/apartment inclusive of moratorium period.
Maximum 9 years in case of repairs and renovations.

Security:-
Equitable Mortgage of property to be purchased out of loan
Bappi Patta (original) along with fee deposit receipt at Gram Panchayat will be acceptable as security for loan

Processing Charges:-
- Loans up to Rs. 2.00 lacs - 0.50% of sanctioned loan amount
- Loans above Rs. 2.00 lacs - 1.00% of sanctioned loan amount.

Rate of Interest as on 20-01-16:-
Float Interest Rate 11.75%
Float Loan Eligibility 16 to 23
Tenure 20
Processing Fee upto Rs 2 lacs: 0.50% of loan amount, loans above Rs 2 lacs : 1% of loan amount
Prepayment Charges 2% of outstanding amount
Charge for Changing Fixed to Floating 1%
Charge for Changing Floating to Fixed 1%
Late Payment Charges Rs 250- Rs 350