EBL 23 years of Banking

US DOLLAR 1 Buying 102.70 Selling 103.30

GB POUND 1 Buying 135.94 Selling 137.66

SWISS FRANC 1 Buying 103.12 Selling 104.17

AUSTRALIAN DOLLAR 1 Buying 77.21 Selling 77.99

CANADIAN DOLLAR 1 Buying 79.57 Selling 80.38

SINGAPORE DOLLAR 1 Buying 75.67 Selling 76.43

HONGKONG DOLLAR 1 Buying 13.10 Selling 13.23

JAPANESE YEN 10 Buying 9.02 Selling 9.18

EURO 1 Buying 120.25 Selling 121.46

CHINESE RENMINBI 1 Buying 15.45 Selling 15.60

THAI BHAT 1 Buying 3.14 Selling 3.17

KOREAN WON 10 Buying 0.93 Selling 0.95

SAUDI RIYAL 1 Buying 27.27 Selling 27.55

QATARI RIYAL 1 Buying 28.09 Selling 28.38

As per 2017-12-12 | View All

Home Loan

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
Margin 25.00%
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.