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  #2  
October 5th, 2017, 12:22 PM
Super Moderator
 
Join Date: Mar 2012
Re: Dombivli Nagari Sahakari Bank Ltd Home Loan

As you want here I am providing Dombivli Nagari Sahakari Bank Ltd Home Loan form

Dombivli Nagari Sahakari Bank Ltd Home Loan form



Purpose
For purchase of new Flat / Bungalow.
Construction of own house.

Eligibility
Any individual, Businessman, professional, self employed or Salaried person.
Margin
20% for first purchase of a Flat / House in new building.

25% for purchase of a Flat / House under resale, in a building not older than 10 years.

25% for purchase of Flat / House, under resale in a building older than 10 years, but not older than 30 years.

No advance to be sanctioned for purchase of Flat / House in a building older than 30 years.

Loan Limit
Up to Rs. 25.00 Lacs per beneficiery of a dwelling unit.

Eligible loan amount will be calculated based on Agreement Cost plus insurance premium by maintaining stipulated margin.

Prime:
Dwelling unit to be purchased / constructed out of bank finance.

Collateral:
Assignment of Single Premium Term Insurance Policy on the life of the proponent/s - sum assured should be equivalent to the loan amount sanctioned with term of policy should at least the minimum up to the repayment period.
Guarantors
Minimum one acceptable to Bank.
Interest Rates 8.60% p.a.
Repayment Period 20 Years maximum.*


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