.jpg "home loan scheme")
Cent Grih Lakshmi Home Loan Scheme for Women : The first step is the home loan. The amount you borrow from a housing finance company or bank to buy a house of your choice, or to build your dream house is called a home loan. The additional amount paid on this amount is the interest rate.
Many banks and NBFC companies offer loans. And the interest rates are also different for everyone. This article provides more information about Cent Grih Lakshmi Home Loan Scheme for Women by Central Bank of India . Get a customized home loan to suit your financial needs and fulfill your dream of owning a home.
Cent Grih Lakshmi Home Loan Scheme for Women
- Name of Article - Cent Grih Lakshmi Home Loan Scheme for Women
- Article sub - information Information about Cent Grih Lakshmi Scheme
- Language of Article - English
- Purpose of the article Purpose - of providing BOB Home Loan information
- Official Website - Click Here
Cent Grih Lakshmi Home Loan Scheme : Benefits
Cent Grih Lakshmi Home Loan Scheme offersthe following benefits:- Salaried as well as non-salaried individuals can apply for home loans.
- Resident and non-resident Indians can apply for the loan.
- Easily accessible with the online application facility provided.
- The attractive rate of interest is as low as 8.20%The repayment option is extended to 30 years.
- Several schemes suit the purpose.Turnaround time between 8 to 15 days Affordable processing charges.
- Overdraft facility is also available under home loan scheme.
- (Edited) Restore original
Cent Grih Lakshmi Home Loan Scheme – Features
Cent Grih Lakshmi Home Loan Scheme : Following features are found:- Home loan products to suit the needs of every customer
- The amount of home loan sanctioned varies depending on the location and income of the applicants.
- Low interest rates
- Low processing fees
- There are no hidden charges
- There is no prepayment penalty
- The interest rate is linked to the Bank's Repo Linked Lending Rate (BRLLR) and resets monthly.
- Interest charge on daily reducing balance
- Repayment up to 30 years
- Moratorium period up to 36 months after disbursement of loan amount.
- Generally, we accept mortgages on constructed or purchased property as collateral. In some cases, collateral for home loans can be accepted in the form of insurance policies, government promissory notes, shares and debentures, gold ornaments and other property etc.
Cent Grih Lakshmi Home Loan Scheme – Eligibility
Woman should be sole borrower or first named borrower.
Property documents
- Agreement of Sale
- Sale Deed
- Latest Tax Paid Certificate
- Estimates for construction/repairs and renovations certified by Architects/Engineers
- Valuation Report by Panel Valuer
- Agreement with Builder/Developer
- Plan for construction approved
- Other documents proving marketable title
- NOC from housing society
- Affidavit Construction is as per approved plan and is in authorized area, and loan is taken only for acquiring residential property.
