Affordable Home loan

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इस महत्वपूर्ण समय में, द न्यू इंडियन एक्सप्रेस और दिनामणि से हर दिन ई-पेपर न्यूज़ डाउनलोड करें

ई-पेपर

CITY UNION BANK is registered with DICGC

DICGC

CUB Home Loan / Housing Loan - Affordable Home Loan

Income:

लोन राशि	Salaried (Net Take-home pay)	Non-Salaried (Gross Total Income)
Rs.25.00 lakh & above	Rs.50000.00 p.m	Rs.500000.00 p.a
Below Rs.25.00 lakh	Rs.35000.00 p.m	Rs.425000.00 p.a

Criteria in consideration of CIC scores:

Name of the CIC	Minimum Score
Transunion CIBIL	700

LOAN QUANTUM:

For construction or Purchase of ready built house: Minimum Rs.10.00 lakh and Maximum Rs.30.00 lakh.
Quantum of loan is decided based on the Net salary income / Net annual income and repayment capacity of applicant(s) based in FOIR (60%).

Moratorium and Repayment period:

The loan is to be repaid in Equated Monthly installments fixed by the Bank. The liability of the bank will be extinguished only when outstanding in the loan account becomes Nil, on payment of residual amount, if any.

विवरण	Construction	Ready built house	Repairs & renovation
Moratorium(Max)	24 months	3 months	3 months
Door to Door tenure(Max)- Inclusive of moratorium period	240 months	240 months	84 months