Floating Rate Home Loan

•  Attractive interest rates for salaried and self employed borrowers
•  Special interest rate for women borrowers
•  Special interest rate for home loans categorized under priority sector lending norms

Fixed Rate Home Loan

•  Attractive interest rates for salaried and self employed borrowers
•  1 year and 2 years renewable fixed interest rate product
•  10 years renewable fixed interest rate product

Advantages

•  Flexible repayment options
•  Simplified documentation
•  Doorstep service
•  Sanction before finalizing property
•  Insurance options for home loan at attractive premium

Existing mortgage customers can avail Home Plus – Top Up Loan for additional funding on their currently running mortgage loan.

Also, the customers can avail Top Up Loan through Balance Transfer of their existing mortgage loan to another financial institution.

Eligibility

Applicant needs to have either Home Loan, Loan Against Property or Office Premises Loan and the loan should have a minimum vintage of 6 months.

Purpose of the loan

•  Child’s marriage or education
•  Medical expenses
•  Family holiday
•  Any other personal need

Key Features

•  Loan amount up to 100% of original loan amount
•  Simple documentation process for existing customers
•  Can be availed to meet personal & business needs
•  Lower rate of interest as compared to unsecured loan

•  Guaranteed Approval
•  Single page documentation
•  Facility available up to remaining tenure of the FD, post 90 days from the start date of
    FD
•  Quick loan disbursal
•  Flexible repayment option
•  Nil foreclosure & part payment charges
•  Loan amount
    o  75% of the FD amount for Cumulative FD
    o  60% of the FD amount for Non-Cumulative FD

Loan Against Property (LAP) – Residential / Commercial:

•  Loan Against Property (LAP) gives the owner of residential or commercial premises an
    opportunity to leverage on the value of property
•  End Use – For all personal / business needs

Policy Parameter

Loan Against Securities covers:

•  Loan Against Shares
•  Loan Against Insurance Policy
•  Loan Against Mutual Fund
•  Loan Against Bonds

Loans up to Rs. 15 Cr

It offers the highest ticket size of up to Rs. 15 Crores so that you can pursue your business / personal aspirations.

Part Prepayment facility

You can prepay your loan at any interval as per the liquidity available with you.

Nil foreclosure charges

You can choose to foreclose your loan anytime during your loan tenure without any foreclosure charges.

Security swapping

Get the flexibility to swap securities as per your convenience and need.

Nil part pre-payment charges

You can choose to part repay your loan without any pre-payment charges.

Loan Against Property (LAP) – Residential / Commercial:

•  Also called as Office Premises Loan (OPL)
•  This is the loan for purchase of commercial property
•  End Use – Purchase of office premises, shop or clinic

Policy Parameter

Loans up to Rs.25 lacs

Bold dreams need big means. Need personal finance, a loan for a wedding, a vacation, to fund a special purchase or a loan for medical emergencies. Personal Loan offers the highest ticket size of up to Rs. 25 Lacs so that you can pursue your bold dreams.

Part Prepayment facility

You can prepay up to 6 times in a calendar year at any interval with the minimum amount per prepay transaction being not less than 3 EMIs. There is no limit on the maximum amount. This is subject to your clearing your first EMI.

Nil foreclosure charges

Now you can choose to foreclose your loan anytime during your loan tenor without paying any foreclosure charges.