Housing Finance & Real Estate Loan
Loan available under this scheme is for
- Building commercial complex, residential houses, factories, warehouse.
- Purchasing land, houses, bunglow and flat.
- Repairing, furnishing, landscaping etc.
Minimum of Rs. 100,000.00 to maximum of Rs. 5,75,00,000.00.
Any period between 12 to 60 months
12% - 14.50% per annum
As per company rules
One time service charge (non-refundable) 1% on the loan amount.
Mode of Re-payment
Monthly and quarterly installments.
- Authorized letter of construction from nagar palika.
- Engineer certified design of the proposed construction.
- Certified copy of place of business, employment / resident.
- Recent passport size photograph.
- Certificate copies of source of income.
- If employed, salary certificates from the employer stating the employment record and tenure of service.
- Companies, Memorandum and article of association, at least two years of audited balance sheet and P/L accounts. Income tax documents.
- Board resolution authorizing an executive to deal on behalf of the company.
- Necessary security documents e.g. lalpurja, tiro raceed, napi naksa, char killa pramanit chhithi etc.
- Necessary documents requested by LAFIN