Nagarik Sahakari Bank Ltd., Bhiwandi offers *Customer Housing Loans* to help individuals and families fulfill their dream of owning a home. The scheme provides financial assistance on attractive terms for purchase, construction, or improvement of residential properties..
Purpose of Loan:
► Purchase of ready-built house or flat
► Construction of a residential house
► Purchase of plot and construction thereon
► Extension, renovation, or repairs of existing residential house
Key Features:
► Attractive and competitive interest rates
► Flexible *repayment tenure*
► Loan eligibility based on income and repayment capacity
► Simple documentation and quick processing
► Transparent terms and conditions
Eligibility:
► Salaried individuals, self-employed persons, professionals, and businessmen
► Indian residents with stable income and good creditworthiness
► Age and income criteria as per Bank norms
Loan Amount & Margin:
► Loan amount depending on cost of property, income, and repayment ability
► Margin as prescribed by the Bank from time to time
Repayment:
► Repayment through monthly EMIs
► Standing instructions, ECS, or other approved modes
► Repayment period as per Bank policy
Security:
► Equitable mortgage of the house/flat constructed or purchased
► Assignment of property insurance and other documents, if required
► Additional guarantor or security, if stipulated by the Bank
