INTEREST RATE/FINANCING PATTERN FOR HOME LOANS
(w.e.f. 01.10.2008)
|
Particulars |
Floating Rate |
Fixed Rate | |
|
For
Construction / Purchase / Composite loan / purchase of plot / extension /
improvement / registration of existing house / refinance |
up to
5 years |
11.50 % |
13.00 % |
|
up to
25 years |
11.75 % |
13.00 % |
|
|
Loan
to Professional for non-residential premises |
up to
5 years |
11.75 % |
14.00 % |
|
up to
10 years |
12.50 % |
14.00 % |
|
|
Loan
against residential premises |
up to
5 years |
11.75 % |
14.00 % |
|
up to
10 years |
12.50 % |
14.00 % |
|
|
All other terms &
conditions remain unchanged * Loan to NRI for maximum period of 10 years only |
|||
