Eligibility
Loans shall be sanctioned to the A Class members of the bank and the applicant should own the land or plot on which the construction is proposed
Application of Loan
Loan will be available for all purpose
Limit of Assistance
The loan amount for all purpose shall be fixed as a maximum amount of Rs.25 lakhs
Repayment/ Tenure of loan
Loan shall be repaid in equated monthly installments spread over a maximum period of 5 years. Borrowers are free to remit more than one installment or lumpsum at any time