Some of the features of these loans are:
- The applicants must be an Indian passport holder.
- Loan amounts are available upto Rs 1 crore of the cost of the property, whichever is lesser. Processing and administrative charges extra.
- Loan eligibility is decided by the repayment capacity of the individual. Repayment capacity takes into consideration income, age, and qualification, number of dependents, other income,amounts and a few other items.
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