#1
10th November 2015, 10:21 AM
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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?
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#2
10th November 2015, 11:07 AM
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Re: Home loan in Bangalore
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. |