Retail Credit/Consumer Lending

Housing Loan
Financing accommodation facility for individuals. Key terms:
  • Interest Rate: 9.5% p.a - 11% p.a
  • Processing Fee: 1%
  • Payment Fees:
    • 0.5% p.a if prepaid within one year
    • 1% flat if prepaid after one year
  • Maximum Finance: 70% of the eligible expenses.
  • Repayment System: Equated Monthly Installment.
  • Tenure: Maximum 20 years.