• All resident individuals.

• For the construction of independent houses.
  For outright purchase of independent houses/flats.
  For purchase of plots and construction thereon.
  For take over of loans from another Bank/FI’s.
  For Improvement/Repairs/Additional construction/Renovation of existing houses or flats owned by you.
  For purchase of plots or flats developed by Government Authorities.
  

1. Permanent employees of Central/State governments/Public Sector Undertakings (PSU).

2. Permanent employees of reputed education institutes as approved by the bank.

Age limit

1. Minimum: 21 years

2. Maximum: Subject to adjustment of the loan before the age of an employee without pension: 60 years. An employee with pension: 70 years

• The net income or surplus after payment of loan instalments and all other deductions/liabilities should not be less than 40% of the gross income.

• Income of spouse, son(s) and daughter(s)-in-law of the borrower may also be considered to arrive at the maximum permissible amount of loan.

• Income to be arrived based on Income Tax Return/ Income Certificate issued by the Tahasildar/ Mandal Revenue Officer/ District Revenue Authorities/ Patwari or any competent authority taking into account extent of land holdings owned by the party, type of crops cultivated, average market price of the crop, cost of cultivation of the crop etc.

• Borrowers must be in the age group between 21 and 60 years.