US DOLLAR 1 Buying 108.60 Selling 109.20
GB POUND 1 Buying 133.21 Selling 134.90
SWISS FRANC 1 Buying 107.68 Selling 108.77
AUSTRALIAN DOLLAR 1 Buying 82.03 Selling 82.86
CANADIAN DOLLAR 1 Buying 81.30 Selling 82.12
SINGAPORE DOLLAR 1 Buying 75.89 Selling 76.66
HONGKONG DOLLAR 1 Buying 13.94 Selling 14.08
JAPANESE YEN 10 Buying 9.44 Selling 9.61
EURO 1 Buying 115.49 Selling 116.66
CHINESE RENMINBI 1 Buying 15.74 Selling 15.90
THAI BHAT 1 Buying 3.06 Selling 3.09
KOREAN WON 10 Buying 0.91 Selling 0.93
SAUDI RIYAL 1 Buying 28.83 Selling 29.12
QATARI RIYAL 1 Buying 29.70 Selling 30.00
|Purpose||Construction & Purchase of house/apartments
Repairs / renovation / additions / alteration to the house/flat
Purchase of land.
|Eligibility||The gross monthly income (Self employed /Salaried/Professional & Other income) of the borrower along with that of the spouse/other family members should be at least double of monthly installment of the loan.
Age of Applicant shall not be more than 60 years
|Limit||Need based Finance
For Purchase of Land (Residential), Bank finance shall not exceed 50% of registered value or purchase or Rs. 25.00 lacs whichever is lower
|Interest rate||Competitive rate|
|Repayment||Maximum 15years (In Equal Monthly Installments)
Repayment of the loan not to extend beyond the age of 65yrs.
|Moratorium||Maximum 1 year period from date of the first disbursement or after the completion of the construction whichever is earlier
In case of purchase of house/ Flat, the repayment to start after the date of possession or 3 months from the date of disbursement whichever is earlier
|Security||-Mortgaged of property (Min 8 feet motorable access)
-In case of allotment of apartments/ buildings, a tripartite agreement shall be executed amongst private builders/Developers, Borrowers & Bank before release of the loan with subsequent mortgage of the same.
-Personal guarantee of person(s) acceptable to the Bank shall be obtained.