FINANCE AGAINST HOUSE PROPERTY
Nature of the Scheme Loans to individual against immovable property.
Eligibility Any individual holding house/ flat in their name.
Age Should be between 21 to 60 years.
Quantum of Finance For Salaried Persons: 10 times of gross pay/ Pension for salaried.
For Non Salaried Persons: Based on IT returns and repayment capacity.
Repayment Maximum: 60 months (EMI)
Interest rate As applicable on the date of loan.
Co-obligation Any third party acceptable to the bank.
Security Mortgage of House/ Flat
Charges Processing and service charges as applicable.
Other Terms and Conditions apply.
This is not meant to be a prospectus. This is only a gist of the salient features. For further details and other conditions, contact your nearest Andhra Bank Branch.
Friday, May 30, 2008
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