For construction, purchase / repair / renovation / alteration of a house or for purchase of a plot for the construction of a house. Get details of apartments in thrissur from here.
All Resident / Non-Resident Indians with a regular monthly income
Spouses of Non-Residents, who are residents and receiving regular monthly income.
Salaried persons, self employed businessmen, professionals and agriculturists, who have regular monthly income and who have a minimum of three years of standing / experience in their line of activity.
The age should be such that the borrower is able to close the account before he attains the age of 70.
Individual’s Over 18 years of age with steady source of income . View the list of villas for sale in thrissur.
upto 15% to 20% This may vary as per R.B.I norms. View here to buy apartments in Kerala.
As per the construction / bank loan agreement. The loan will be disbursed as per the construction stages.
Maximum 30 years .
Mortgage of property by deposit of title deeds.
This may vary as per bank norms.
Insurance is to be arranged for the total cost of building.
NOTE: After the sale deed is executed, the original deed along with fresh encumbrance certificate and possession certificate should be submitted. After availment of the loan, encumbrance certificate for four months after the date of mortgage is to be produced.