Home loan in Bangalore

I am the residence of Bangalore and want to apply for the home loan from Karnataka State Co-Operative Apex Bank Ltd so please tell me the interest rates of it?

[Kiran Chandar]

The housing finance services offered by the Karnataka State Co-Operative Apex Bank Ltd include construction of House/Mortgage Loan, Site purchase/Mortgage Loan, purchase of Flats etc. through its network of 42 branches in Bangalore City.

Residents of Bangalore city are eligible for housing under certain rules.

Repayment Period :
Maximum 240 Months

Housing Loan (Construction/Purchase)
Repayment Period Interest
Upto 30 Lakhs
Upto 7 Years 10.25%
Above 7 Years & Below 15 Years 10.50%
Above 30 Lakhs
Upto 15 Years 10.50%
Above 15 Years 10.75%

Construction/Mortgage Loan for Commercial Building
Repayment Period Amount Interest
120 Months Upto 60.00 Lakhs 14.00%

Processing Charges:
1.00% of the loan amount

Required Documents:
Original equitable mortgage deed
Latest EC in Form No.15 after registration
Loan agreement
Acceptance letter
Pro-note and letter of guarantee shall be executed by surety.
Applicant should provide property insurance policy up to 150% of the loan amount.