Residential Plot Purchase Scheme


For purchase of residential plot in urban area subject to condition of start of construction within 5years.


All Individuals (Existing Staff members of our Bank are not eligible).

Age :

Minimum Age: 21Years

Maximum Age: Till  retirement   age for salaried & 70Years for others.

Maximum Amount of Finance :


Margin :

140% on Realizable Value of immovable properties (As per bank's empanled valuer's valuation report) or purchase price of property.

Features :

Credit facility in form of term loan & demand loan.

Personal guarantee of person(s) having worth at-least equivalent of the credit facility.

Repayment period of 10Years.