Term Loan


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