Loans - Savali Gruha Loan

Savali Home Loan Scheme Help Line No(Toll Free). 1800 233 0011
  • New construction of Bungalow, Row house & purchase of Flat.
Limit of loan
  1. For salaried customer -
    60 times of their Net Monthly Payment.
  2. For self employed -4 times of their annual income .
Eligibility:For salaried customer
  • .Applicant should have permanent job in government, co-operative or in private sector.
  • Undertaking regarding deduction of installment from salary is required.
  • Total deduction including installment of loan should not be more than 75% of monthly payment.
  • Applicant should be income tax payee. (3years Income Tax return)
For self employed
- Applicant should be income tax payee. (3years Income Tax return)
Rate Of Interest10%
Repayment Period5 to 15 years
  1. Mortgage of property to be purchased.
  2. Two guarantors.
Other Charges
  1. Valuation fees- As applicable
  2. Processing fee-
    Up to 50 lakhs :- 1.00%
    Above to 50 lakhs :-0.50%
  • In case of salaried customers salary slip, IT returns with computation of income.
  • Two guarantor (property holders, Income proof)
  • In case of self employed last four years profit & loss A/c, balance sheet & IT returns.
  • Photographs, identy proof, age proof, photo proof, residence proof of borrower & guarantor.(As Per KYC norms)
  • Own contribution (Margin money) receipts.
  • Extract, building plan & permission, estimate, search report, Copies of original purchase deeds/extract etc.
savali Home Loan