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  • Notice for shareholders new

  • IN VIEW OF COVID-19 CRISIS 'EMERGENCY CREDIT LINE GUARANTEE SCHEME' IS AVAILABLE IN OUR BANK FOR MEETING THE ADDITIONAL TERM LOAN/WORKING CAPITAL FACILITY UPTO 20% OF TOTAL OUTSTANDING AS ON FEBRUARY,29,2020 TO ELIGIBLE BUSINESS ENTERPRISES /MSMEs.new

  • Our Chairman & CEO Mr. Dinesh Pant has been elevated to TEG Grade / Scale VII in the rank of General Manager in Bank of Baroda w.e.f. 01.04.2020.new

  • Bank has launched COVID Emergency Credit Line (NCECL) loan scheme to provide liquidity support to borrowers impacted by COVID-19 pandemic.new

  • Bank has formulated Naini Kissan Credit Card (NKCC) scheme for meeting working capital requirements for animal husbandry and fisheries activities to help the farmers.new

  • Bank has also revised its SEED POLICY for credit facilities to seed processing units for FY-2020-21 wherein interest rate has been linked with CMR rating and collateral coverage.new

  • Mr. Dinesh Pant, Chairman & CEO, Nainital Bank donated his ONE month salary to "PM CARES" for COVID 19 outbreak victims.new

  • Nainital Bank is contributing Rs. 11.00 lakh (Rs. Eleven lakh only) for Chief Minister Relief Fund under CSR for COVID 19 outbreak victims. new

  • Employees of Nainital Bank contributed Rs. 14.20 lakh (Rs. Fourteen lakh twenty thousand only ) for "PM CARES" for COVID 19 outbreak victims.new

  • Bank has opens its 141st Branch at Canal Road, Dehradun .new

  • Launch Of New SB Scheme –Naini Mahila Samrudhi Savings Bank Accountnew
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Home > Personal Banking > Loan > Apna Ashiana For Home
waiver
Apna Ashiana For Home     
Scheme For Granting Housing Loans :
  • For construction of new dwelling unit or purchasing new Residential House/ Flat.

  • For purchase of old House/ Flat

  • For purchase of Residential Plot of land and Construction of house therein.

Special features of Housing loan scheme “Apna Ashiyana” :
  1. Loans up to 5.00 Crore

  2. No guarantors required

  3. Higher deductions against income allowed

  4. Subsidy benefit up to Rs.2.67 lac under "Pradhan mantri Awas Yojna"

  5. Effective rate of interest 4.15% under "Pradhan mantri Awas Yojna"

  6. Easy and hassle-free loan processing

  7. No processing charges and other charges for limited period

  8. Repayment period up to 30 years

  9. Loan up to the age of 70 years (including repayment)

  10. Loan for purchase of land up to Rs.30.00 Lac

  11. EMI of Rs.744 per lac only

Eligibility :

All individual/s who own in his/her name the land on which the proposed house is to be constructed along with construction plan duly approved/sanctioned by competent authority/body. In case the land on which the proposed house is to be constructed stands in the joint names, all the joint owners should be made co-borrowers. The member of registered group housing society & farmers/agriculturists are also eligible under the scheme.

Rate Of Interest :

Click here for Rate Of Interest

Penal interest @1% shall be charged on amount in default up to six months for the period of default. If default period exceeds six months, penal interest @2% p.a. shall be levied on entire period of default.