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« APNA ASHIANA

Now move in into your own dream house. The Nainital Bank gives you the opportunity to build or rebuild your own home. Owning your own house cannot be more easy than this.

	Max loan for new construction
	5 times of the gross total income (if annual income exceeds Rs.1.50 lac of the borrower).
	3 times of the gross total income (if annual income is upto Rs.1.50 lac of the borrower).

	Max loan provided for repairement of old house
	5 times of the gross total income (if annual income exceeds Rs.1.50 lac of the borrower). Subject to maximum Rs.10 lac.
	3 times of the gross total income (if annual income is upto Rs.1.50 lac of the borrower).

	Repayment Block
	Repayment period should not exceed 20 years excluding moratorium period of 18 months.

	Ceiling Amount
	Purpose	Status of centres	Max Ceiling (in lac)
	Construction/purchase/ Extension of house	A. Metro Centres & Ghaziabad, NOIDA, Gurgaon, Faridabad, Jaipur, Lucknow, Dehradun	Rs.50.00
		B. Urban Centres	Rs.30.00
		C. Semi-Urban/Rural	Rs.20.00
	Repair/Renovation of house	A. Metropolitan/Urban Centres	Rs.10.00
		B. Semi-Urban/Rural Centers	Rs.5.00
	For Purchase of land	At all centers	Rs.10.00

	Installments
1.	Overall deductions including repayment of proposed house loan should not exceed 65% of gross annual income of borrowers. Income of spouse may be included.

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		for enquiry write to - advances@nainitalbank.co.in
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