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[QUOTE=Rajkumar Agarwal;619553]Punjab And Sind Bank provide Housing Loan for Construction/ Acquisition/ Purchase/ Extension/ Repair / Renovation.

Housing Loan Rate of Interest

Loan Amount			Rate of Interest (p.a.)
Upto Rs.75.00 lacs	One Year MCLR(9.65%) = 9.65%
Above Rs.75.00 lacs   One Year MCLR (9.65%) + 0.25%= 9.90%

[B]Margin-[/B]
	
For Purchase of Plot only, offered / allotted by Govt. authorities and/ or Builders who are Bank’s borrowers-

a) 25% of the Cost of plot up to a finance amount of Rs.100 lac upfront
b) 40% of the Cost of plot for the finance amount over and above Rs.100 lac upfront

For Construction or for Purchase of Plot & Construction:

For purchase of plot: 40% of the cost of land / plot upfront

[B]For construction-[/B]

10% of the value of construction, proportionate for loans up to Rs. 20 lacs

20% of the value of construction, proportionate for loans above Rs. 20 lacs & upto Rs 75 lacs.

25% of the value of construction, proportionate for loans above Rs. 75 lacs

(loan amt. for ascertaining margin would be after clubbing both the loans i.e. for plot + for construction)

For Purchase of Built up dwelling unit:

10%  of the total value of property for loans up to Rs. 20 lacs up-front

20%  of the total value of property for loans above Rs. 20 lacs & up to Rs. 75 lacs up-front

25%  of the total value of property for loans above Rs. 75 lacs up-front

For Extension / Renovation /Repair:

10% of the total estimated cost, proportionate for loans up to Rs. 20 lacs

For Purchase of Flat from Society/ Builder:

10%of the total value of property, proportionate for loans up to Rs. 20 lacs

20%of the total value of property, proportionate for loans above Rs. 20 lacs & up to Rs. 75 lacs

25%of the total value of property, proportionate for loans above Rs. 75 lacs

[B]Contact-[/B]

Call Centre : All India Toll Free Numbers:1800-419-8300

For Hot Listing (Blocking) : ATM/Rupay Cards : 044-47415691/2/3/4/5

For Hot Listing (Blocking) : ATM/Rupay Cards : 1800-103-2278

Queries Regarding Remittance from abroad : 011-25728460, 25728462, +91 9473662280,Mr. Abhishek Nigam[/QUOTE]

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Topic Review (Newest First)

2nd August 2016 05:09 PM
Rajkumar Agarwal	Re: Punjab And Sind Bank Housing Loan Interest Rates Punjab And Sind Bank provide Housing Loan for Construction/ Acquisition/ Purchase/ Extension/ Repair / Renovation. Housing Loan Rate of Interest Loan Amount Rate of Interest (p.a.) Upto Rs.75.00 lacs One Year MCLR(9.65%) = 9.65% Above Rs.75.00 lacs One Year MCLR (9.65%) + 0.25%= 9.90% Margin- For Purchase of Plot only, offered / allotted by Govt. authorities and/ or Builders who are Bank’s borrowers- a) 25% of the Cost of plot up to a finance amount of Rs.100 lac upfront b) 40% of the Cost of plot for the finance amount over and above Rs.100 lac upfront For Construction or for Purchase of Plot & Construction: For purchase of plot: 40% of the cost of land / plot upfront For construction- 10% of the value of construction, proportionate for loans up to Rs. 20 lacs 20% of the value of construction, proportionate for loans above Rs. 20 lacs & upto Rs 75 lacs. 25% of the value of construction, proportionate for loans above Rs. 75 lacs (loan amt. for ascertaining margin would be after clubbing both the loans i.e. for plot + for construction) For Purchase of Built up dwelling unit: 10% of the total value of property for loans up to Rs. 20 lacs up-front 20% of the total value of property for loans above Rs. 20 lacs & up to Rs. 75 lacs up-front 25% of the total value of property for loans above Rs. 75 lacs up-front For Extension / Renovation /Repair: 10% of the total estimated cost, proportionate for loans up to Rs. 20 lacs For Purchase of Flat from Society/ Builder: 10%of the total value of property, proportionate for loans up to Rs. 20 lacs 20%of the total value of property, proportionate for loans above Rs. 20 lacs & up to Rs. 75 lacs 25%of the total value of property, proportionate for loans above Rs. 75 lacs Contact- Call Centre : All India Toll Free Numbers:1800-419-8300 For Hot Listing (Blocking) : ATM/Rupay Cards : 044-47415691/2/3/4/5 For Hot Listing (Blocking) : ATM/Rupay Cards : 1800-103-2278 Queries Regarding Remittance from abroad : 011-25728460, 25728462, +91 9473662280,Mr. Abhishek Nigam
2nd August 2016 04:56 PM
Unregistered	Punjab And Sind Bank Housing Loan Interest Rates I want to take Housing Loan from Punjab And Sind Bank so can you please tell me the Interest Rates on loan?

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