Ya sure buddy I will tell you interest rates and details about home loan offer by Abhyudaya Bank so that you can check it easily.

Eligibility

Any Individual (Businessman, Professional, Self- Employed, Salaried Person having Regular source of Income)

Property should be in the name of Applicant.

The Co-applicant is necessary for Housing Loans. Co-applicant will mainly be spouse or son or daughter or father or mother of the Principal Borrower and he/she may be an earning or non-earning member.

In these cases the income of the Co-Applicant can be clubbed for calculation of eligible loan amount. In the absence of the above Co-applicants, Brother or Sister may be taken as Co-applicant, but their Income shall not be clubbed for calculation of eligible loan amount.

In case of joint Agreements in Housing Loans, the Purchasers (Owners) will be the Borrowers and hence there is no need for separate Co-Applicants.

Purpose

Purchase of Flat (New or Resale)
Construction of House,
Extension to existing Flat / House
Takeover of Housing Loan from other Financial Institutions, etc.

Maximum amount of Rs. 70.00 Lakh.

Repayment
Up to 20 years (240 months) including the period of moratorium or holiday period.
The moratorium or repayment holiday may be granted
A) At the option of the beneficiary
B) Till Completion of construction or 18 months from the date of disbursement of first installment which ever is earlier.

Interest rates
Types of facilities Present Rate of Interest (per annum) (Floating ROI apply)
(Interest Rate is Linked to PLR (Prime Lending Rate))
Prime Lending Rate (PLR) : 13.50%

Personal/ Surety Loan
i) With 50% or more collateral securities upto Rs.5.00 lakh. : 14.00%
ii) Without collateral or less than 50% collateral securities upto Rs.5.00 lakh. : 14.50%
Salary CC for salary earners : 15.00%

Address:-
Abhyudaya Bank
K.K.TOWER, Abhyudaya Bank Lane. off G. D. Ambekar Marg, Parel Village, Mumbai-
400 012

Phone:-
022-24180961 / 24180962