S. No. Key Feature Description
1 Applicants
  • All owners of the property to be compulsorily co-applicants/borrowers
  • No minor to be borrower
  • Spouse is to be a mandatory co-applicant if the applicant is married
2 Age Salaried

Minimum Age: 21 years at the time of loan application for borrowers where income considered.

Maximum Age: 60 years at the time of loan maturity.

Self employed

Minimum Age: 21 years at the time of loan application for borrowers where income considered.

Maximum Age: 65 years at the time of loan maturity.

3 Min Years in Occupation

Salaried: 2 Years with current Job stability of 12 Months.

Self Employed: 2 Years insimilar business

4 Loan Amount

Minimum Loan : 3 lacs

Maximum Loan : 35 lacs

5 Tenure

Upto 15 years

6 LTV

Upto 60%

7 Location

As specified from time to time

8 End use of funds

family consumption like marriage, education, travel etc., and for the purpose of business commitments like purchase of fixed assets, working capital and expansion etc.,

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