To provide Home Loans to Corporate Entities (Both Public & Pvt. Ltd. Companies) for construction/ acquisition of Residential Units in the name of the Company for use by their Directors/Promoters and Employees, and for Take-over of Home Loans in the name of the Company from other Banks/HFCs, subject to compliance to our extant norms for Take-over of Home Loans.
Corporate Entities :
SPV/Subsidiary of Corporate Entities will also be eligible for availing loan under this Scheme provided,
|SB-1 & SB-2||9.10 % p.a.|
|SB-3 to SB-5||9.60 % p.a.|
|SB-6 to SB-8||10.10 % p.a.|
|SSB-9 & SB-10#||10.85 % p.a.|
# Subject to approval from competent authority.
*Plus applicable taxes
Applicable SME/C&I loan documents.