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  • Loan for installation of Rainwater harvesting unit.
  • Lower Rate of Interest.
  • Reducing Balance Interest Rate.
  • No Prepayment penalty.
  • Quick processing of Loan.
  • Minimal processing charges.
  • Loan Quantum

    75% of the estimated cost as per the unit cost stipulated here-below :

    • Plot size- up to 1500 sq.ft: Rs 57700/-.
    • Plot size- More than 1500 sq. ft up to 2400 sq.ft: Rs 73,000/-.
    • Plot size- More than 2400 sq. ft up to 5000 sq.ft: Rs 82,000/-.
    • Plot size- More than 5000 sq. ft: Rs 1,85,000/-.
  • Margin

    Margin of 25% to be maintained.

  • Processing charges

    Nominal processing fee of 0.50% on the loan amount with a Minimum of Rs. 1,500/- & maximum of Rs. 10,000/- is charged.

  • Security
    • Hypothecation of pipeline with barrel, filter etc.
    • Continuation of mortgage of Residential Mortgage (In case of existing Housing Loan borrowers)
  • Repayment tenure

    Loan shall be repaid in 60 EMIs

  • To individuals constructing house, making modification of existing house.
  • Stipulated Loan Application with 2 passport size photos of applicant / Co-applicants or guarantor.
  • KYC documents of applicant/ Co-applicants or guarantor.

    Proof of Identity
    PAN CARD/Driver’s License/Voter ID /Passport/ Aadhar Card etc.

    Proof of Residence
    Driver’s License/Voter Id/Passport / Aadhar Card / Electricity Bill/Telephone Bill   etc., /Business Proof related GST and others.

  • Age proof of the applicant/ Co-applicants.
  • PAN card (photo copy).
  • Latest Salary Certificate and Form no. 16.
  • Income Returns (for professionals and non-salaried persons).
  • Proforma Invoices, cost estimates.
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Last updated on 05-10-2023 03:17 PM

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