US DOLLAR 1 Buying 102.50 Selling 103.10
GB POUND 1 Buying 131.36 Selling 133.02
SWISS FRANC 1 Buying 102.67 Selling 103.70
AUSTRALIAN DOLLAR 1 Buying 76.38 Selling 77.15
CANADIAN DOLLAR 1 Buying 74.83 Selling 75.59
SINGAPORE DOLLAR 1 Buying 73.12 Selling 73.86
HONGKONG DOLLAR 1 Buying 13.12 Selling 13.25
JAPANESE YEN 10 Buying 9.20 Selling 9.36
EURO 1 Buying 110.82 Selling 111.94
CHINESE RENMINBI 1 Buying 14.81 Selling 14.96
THAI BHAT 1 Buying 2.95 Selling 2.98
KOREAN WON 10 Buying 0.89 Selling 0.91
SAUDI RIYAL 1 Buying 27.22 Selling 27.50
QATARI RIYAL 1 Buying 28.03 Selling 28.31
|Purpose||Construction & Purchase of house/apartments
Repairs / renovation / additions / alteration to the house/flat
Purchase of land.
|Eligibility||The gross monthly income (Self employed /Salaried/Professional & Other income) of the borrower along with that of the spouse/other family members should be at least double of monthly installment of the loan.
Age of Applicant shall not be more than 60 years
|Limit||Need based Finance
For Purchase of Land (Residential), Bank finance shall not exceed 50% of registered value or purchase or Rs. 25.00 lacs whichever is lower
|Interest rate||Competitive rate|
|Repayment||Maximum 15years (In Equal Monthly Installments)
Repayment of the loan not to extend beyond the age of 65yrs.
|Moratorium||Maximum 1 year period from date of the first disbursement or after the completion of the construction whichever is earlier
In case of purchase of house/ Flat, the repayment to start after the date of possession or 3 months from the date of disbursement whichever is earlier
|Security||-Mortgaged of property (Min 8 feet motorable access)
-In case of allotment of apartments/ buildings, a tripartite agreement shall be executed amongst private builders/Developers, Borrowers & Bank before release of the loan with subsequent mortgage of the same.
-Personal guarantee of person(s) acceptable to the Bank shall be obtained.