Home Loan
Today, purchasing a home is a dream which can be fulfilled with our housing loan. We provide housing loans with quick processing and simple documentation to purchase your dream home at an attractive interest rate. So, prepare to move into your dream home with a housing loan from Sanmati Bank.
Eligibility For Sanmati Housing Loan
- Eligibility : Salaried / Businessmen / Self-employed / Professionals having a regular source of income/Share Holder.
- Purpose : Purchase of new house / Construction of House/Flat/Purchase of old house/home improvement/Construction of Farmhouse
- Loan Amount : Maximum Rs.70.00 lakh per beneficiary.
- Rate of Interest : 13.50 % EMI Mode
- Guarantor: Two Guarantor
- Security: Registered Mortgage of property which is financed by the Bank. If there is a 50% deposit, an equitable mortgage. 100% deposit ,debit note on deposit.
- Processing Fees: For New Loan- 1% of loan amount (Min Rs. 500/-) For Renewal -0.10% of loan amount ( Min Rs.500/- & Max Rs.15000/-)
- Repayment: Maximum 180 months
- Share Holding: 2.50% of Loan Amount.
- Other: All other terms & conditions as per Bank Policy.
Eligibility For Agri Housing Loan
- Eligibility: Salaried / Businessmen /Individual Farmer.
- Purpose: Purchase of new house.
- Loan Amount: Maximum Rs.70.00 lakh per beneficiary.
- Rate of Interest: 13.50 % EMI Mode.
- Guarantor: Two Guarantor.
- Security: Registered Mortgage of property which is financed by the Bank.
- Processing Fees: As per bank policy.
- Repayment: Maximum 120 months.
- Share Holding: 2.50% of Loan Amount.