The Punjab Gramin Bank (PGB) provide PGB Housing Finance Scheme for construction of house or purchase of house/ flat

PGB Housing Finance Scheme

Purpose

For construction of house or purchase of house/ flat
For purchase of land/ plot for house building
For carrying out repairs/ renovation/ additions/ alterations to the house/ flat

Eligibility-

a) Individuals
b) Joint owners

Margin-

For construction of house or purchase of house/ flat or For carrying out repairs/ renovation/ additions/ alterations to existing house/ flat:

i) upto Rs. 25 lac: 20%
ii) above Rs. 25 lac: 25%

For purchase of land/ plot for house building: 40%

Extent of Loan-

Need based loan without any upper ceiling

For repairs/ renovation/additions/ alterations - maximum Rs. 20 lacs

For purchase of land/ plot for house building - maximum Rs. 20 lacs (Rs. 100 lacs for land/ plot at Distt. Headquarters)

Repayment-

Maximum 30 years (10 years in case of repair/ renovation/ addition/ alteration)

For more detail, please contact to their nearest branch.

Contact-

Punjab Gramin Bank, Head Office, Jalandhar Road, Kapurthala
Phone: 01822 - 509555
e mail: punjabgraminbank@gmail.com

ATM Inquiry/Complaints Toll Free Helpline - 1800-180-7777