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- HOUSE BUILDING LOAN
To fulfill your dream to become an owner of dwelling house, we have a commitment to extent our hand as far as possible. In this regard we are providing loan for construction of dwelling house or purchase of ready built house/flat etc.
Eligibility :
Member of affiliated ECCS/PACS and permanent employees working in State Govt./Central Govt. offices. State/Central Govt. /undertaking Govt. /Govt. aided school/Madrasha/Primary School/Govt. Aided libraries/Colleges/Employes of local Self-Govt. Institution/Statutory Bodies eligible to become nominal member of the Bank.
Reputed professional/business person (minimum yearly gross/total income Rs. 6-00 lakh as per last year I.T. Return.)
Purpose :
- Construction of dwelling House.
- Purchase of yearly built House /Flat.
Maximum amount of Loan :
- For salaried person, the maximum amount would be 90% of the project cost on the basis of certain Rules & Regulations.
- In case of professional/business man the maximum loan amount would be 75% of the project cost on the basis of certain Rules & regulations.
Processing Fee :
There are certain processing fees decided by the Bank authority time to time.
Repayment Period :
The maximum period of repayment is 20 years but should not be beyond 60 years for salaried persons and 70 years for professional/ businessmen.


