FY18-1Q CONCALL TRANSCRIPT

NRI Housing Loan Loan Against NRI Deposits

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CUB offers Easy and quick processing of housing loan to individuals for purchase of : 

  • Site for construction of a house 
  • Purchase of a ready built house / flat 
  • Modification of the existing house / flat
  • Purchase of a flat under construction
  • Eligibility : Individuals having an assured source of income viz. salaried employees, self employed professionals, businessmen and farmers
  • Loan amount: Maximum of Rs.25.00 Lakhs
  • Margin : 25%
  • Repayment tenor : Maximum period of 10 Years for businessmen and 15 Years for salaried
  • Clik here for Interest rate, charges and required documents
  • EMI Calculator

Loans Against NRI Deposits

  • Loans (Fund Based / Non Fund Based) can be availed against NRE / FCNR Deposits either in the name of NRI or third party
  • Rate of interest and margin will be as per RBI directive and Bank’s policy in force from time to time.