Catholic Syrian Bank Home Loan EMI Calculator

Hi I am Ena and I want to take Home Loan from Catholic Syrian Bank . Will you please provide the Catholic Syrian Bank Home Loan application form and Home Loan EMI details ?

[Kiran Chandar]

Catholic Syrian Bank Limited is a private sector bank was founded in the year 1920.

Catholic Syrian Bank Home Loan details :

Finance for :

v Construction or purchase of House or Flat.
v For addition/extensions and renovations of existing House/Flat.

Eligibility

v To Group of individuals including Co-operative Societies
v To Individuals

Rate of interest
Loan upto Rs.30 Lakhs v 10.50%

Loan above Rs.30 Lakhs v 11.00%

Repayment v Maximum period 20Years including repayment holiday.

v In case of employees, repayment should be completed before the date of superannuation.

v Initial repayment holiday not to exceed 12months.

v Total deductions including instalment should not exceed 50% of gross income.

v In other cases, the age limit is 65 years for repayment.

Basic Requirements

v Proof of income such as Salary Certificate/IT Assessment Order.

v For Salaried persons, irrevocable authorisation for recovery of Instalments must be submitted,duly acknowledged by the Employer.

v Copy of approved Plan and Estimate of the buililding/SaleAgreement .

Home Loan EMI details:

Home loans with loan tenure upto 20 years, the EMI can be as low as Rs. 998 per lakh, making buying your home more affordable.

The home loan EMI comprises of both principal repayment and interest payment.

Catholic Syrian Bank Home Loan application form