Vijaya Bank Interest Rates On Housing Loan

Give me Interest Rates on Housing Loan of Vijaya Bank?

You want to know Interest Rates on Housing Loan of Vijaya Bank so following is its interest rate:

Upto 10 years
upto 30 Lacs : 10.50% (till 31-01-2013)
30-75 lacs : 10.75%(till 31-01-2013)
Above 75 lacs : 11%(till 31-01-2013)

10 -20 years
Upto 30 Lacs : 10.75%(till 31-01-2013)
30-75 lacs : 11%(till 31-01-2013)
Above 75 lacs : 11.50%(till 31-01-2013)

Quantum of Loan:
Minimum loan amount - Rs. 1.00 lakh
Maximum loan amount - Rs. 100 lakhs
In case of Repairs/Renovation – maximum is Rs. 10 Lakhs
Home Loan of less than Rs. 1 lakhs can also be considered under Swarna Jayanti / Golden Hublee Scheme in rural / Semi – Urban places.

I want to get information about the Vijaya Bank Interest Rates on Housing Loan as well as Eligibility and Repayment period?

I have almost complete information about the Vijaya Bank Interest Rates on Loan. So here I am telling you about it as you want.

Rate of interest
Base Rate = 9.65% (Floating)


Purpose

• Purchase/Construction of House/Flat.
• Purchase of Site/Plot and Construction of House there on.
Renovation/Improvement of House/Flat.
• Takeover of housing loans from other Banks/Financial Institutions.

Eligibility

• Individuals aged should lie between 21 years and 65 years.
• Maximum age – 75 years is the max age for loan to be fully repaid.


Security

flat constructed /Mortgage of house

Margin

20% for loans upto Rs.75.00 lacs &
25% for loans above Rs.75.00 lacs


Repayment period

Maximum age – 75 years is the max age for loan to be fully repaid.

• Repayment Holiday – Max of 18 months


Vijaya Bank Interest Rates

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Answered By StudyChaCha Member