Purpose

All personal needs and not for speculative, real estate capital market activities or any activity prohibited by law.

Eligibility

Minimum Age - 21 years.

A. Term Loan:
Maximum 70 years of age at end of tenure of loan.

B.Overdraft limit:
Maximum age at entry 60 years.

Income:

Minimum Gross Annual Income should be  Rs. 2.00 Lakh

Nature of facility:

Term Loan / Overdraft facility for existing customers.

Quantum of Finance:

Property located in Rural / Semi urban areas
Minimum Rs.1.00Lakh and Maximum Rs.50.00 Lakh

Property located at  District headquarters in Semi urban areas
Minimum Rs.1.00 Lakh and Maximum Rs.200.00 Lakh

Property located in Urban  and Metro area and all Semi Urban Branches in the State of Goa
Minimum Rs.1.00 Lakh and Maximum Rs.500.00 Lakh

Security:

EM/Registered mortgage of non-encumbered residential house /flat, commercial or industrial property situated in metro/urban / semi urban/ rural centres where title deeds can be mortgaged for purposes other than agriculture, in the ownership and possession of principal borrower either self-occupied or vacant or partially leased out/rented out.