Housing Loan Scheme

Deposit

Housing Loan Scheme

Adarniya P. D. Patilsaheb Sahakari Bank Ltd.

Eligibility : This Scheme is available for Salaried Employees, Doctors, Chartered Accounts, and Traders etc. to purchase new flat or for construction of house etc.
Margin : Minimum 25% margin required.
Repayment : The repayment period will be maximum 240 months.
Security : The Purchased flat or constructed house will be treated as prime security and if borrower had LIC Policies, assigned policies will be treated as collateral security.
Interest Rate : Loan amt up to Rs.28 lakh Interest Rate will be @ 8.75% & Loan amt. above Rs.28 lakh Interest Rate will be @ 9%
Tentative Required Documents : Estimate of Construction or Copy of Agreement to Sale, Sanction Plan, Deposit Margin in saving accounts, Last 3 Years Financial statements with I.T.Returns, Two Guarantors & their Income related documents& property related documents, LIC policy & Borrower business related documents, KYC documents of Borrower & Guarantors.
Loan Service charges/Processing Fee : No charges till date March 31, 2022