HPSCB House Bulding Advance Home Loan products to suit every customer need for Purchase Construction of Land/House/Flat.
HPSCB House Bulding Advance EMI Calculator Loan Amount 1L 5Cr Tenure (months) 12 360 Interest Rate 6% 18% Equated Monthly Installment (EMI) will be 8606
HPSCB Loan : Features Home Loan products to suit every customer’s need for Purchase/Construction of Land/House/Flat. Maximum limit of Rs. 75 Lakhs depending upon the income and repaying capacity of the applicants. Lowest Interest Rates Low Processing Fee No Hidden Charges No Pre Payment Penalty Repayment up to 30 years or superannuation of employee or upto the age of 75 years of Non Employee, whichever is earlier. Moratorium period up to 12 months after the disbursement of 1st instalment of loan amount. Security: Mortgage of the constructed or purchased property as collateral Regular Employee: Salary Account with Bank OR DDO undertaking Contract Employee: One Regular Govt. Employee Guarantor Non-Salaried class : One or more employee/General Guarantor
HPSCB Loan : Eligibility Borrower should be Bonafide Himachali. Salaried Individuals: Regular& Contract Employees/Pensioners of H.P./ Central Govt. Departments/ Boards, Corporations(LIC, GIC, etc.) Institutions, Statutory Bodies (including Universities) etc. having rendered service of 1 year. Other Individuals: General Borrowers / Individuals like Self-employed Professionals/ Businessmen/ Agriculturists /Horticulturist etc. (not falling under the above stated categories), having regular source of income.
HPSCB Loan : Documents Application form with photograph of borrowers & Guarantors Undertaking of DDO to deduct the loan instalment (in case of Employee/Pensioners). Income proof: Income Tax Return (ITR) / Detail of average monthly income and other relevant proof (in case of professional/ businessmen). Copy of the latest Jamabandi /Tatima with valuation certificate of the Land / Plot on which the property purchased/constructed. Agreement of sale along with the Architect certificate in case of old constructed houses/flats certifying the age of construction/quality and value. Non Encumbrance and Search Report of property Cost Estimates of project
