Some of the features of these loans are:
The applicant must be an Indian passport holder.
Loan amounts are available up to Rs 1 crore (or 85%) 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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