Key Benefits
Avail additional loan up to 15% of the property value
No added collateral/security required
Loan amount up to Rs. 50 lakhs
Bundled as offering with Home loan purchase(New/ BT)
Repay comfortably over 25 years
Target customer
Salaried customer Cat A/Cat B
SEP & SENP
Illustration
Particular
Scenario 1
Scenario 2
Scenario 3
A B
Current Market Value of Property
70L
1 Cr 75% Yes 75L 15% 15L 90L 85L 85L
30L 90% No 27L N/A
LTV applicable GPL applicable
80% Yes 56L 10%
C D E F G H
Home Loan Amount (A*B) Additional GPL LTV applicable
GPL Amount (A*D) Total Amount (C+E)
7L
GPL not applicable
63L 70L 63L
27L 27L 27L
Eligible amount as per FOIR
Final amount capped to eligibility -
(Lower of F & G)
To know more, contact our Relationship Manager or 1800-270-7000 (toll free)
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