House Repaires Loan Scheme
Eligibility:-
a) Farmers who hold land area 11 Aar & above
Purpose
Construction of Farm House
Type of Advance
i) Housing Loan –(Farm House)
Quantum of Loan
Maximum Amount up to Rs- 25 Lakh
Margin
30% of quotation amount
Primary Security
Assets created out of loan amount –Farm House with land
Bank Charge
Bank charge will be noted on 7/12 extract of applicants with Farm house construction
Guarantor
Two creditworthy guarantor
Repayment tenor
15 years
Rate of Interest
10 % p.a.
Processing Fee
1.50% of loan amount
Certification
Obtained Plan & certificate/s from qualified engineers / architects in respect Farm house construction
Prepayment Charges
No any prepayment charges
Disbursement
Direct payment to vendor as per quotation
Insurance
Term insurance of key person
Loan File Documents As Follows
कर्ज बंद झाल्यानंतर तारण असलेलया मालमत्तेची मुळकागदपत्रे ३० दिवसाच्या आता घेऊन जाने बंधनकारक राहिला