Home loans of up to Rs.60 lakh can be availed with a repayment tenure of up to 20 years with MAS Rural Housing and Mortgage Finance.
|Tenure||5 years – 20 years|
|Rate of Interest||Contact the bank|
|Finance||Rs.50,000 – Rs.60 lakh|
|Loan Amount||Up to 90% of the property’s value|
|Processing Fee||Contact the bank|
1. MAS Home Purchase Loan
2. Home Construction Loan
3. Home Extension and Renovation Loan
In case you wish to avail a home loan, the monthly payments that must be made can be easily checked by using the Equated Monthly Instalment (EMI) home loan calculator provided by BankBazaar. The process to calculate the EMI is very simple and only minimal details will need to be entered. The details that must be entered to check the monthly payments are the processing fee, interest rate, tenure, and loan amount. Using the EMI calculator helps in saving time as well.
|Age Limit||Salaried Employees: 18 years – Retirement Agriculturists/Self-Employed Non-Professionals/Self-Employed Professionals: 18 years – 65 years|
|Type of Employment||Agriculturists/Self-Employed Non-Professionals/Self-Employed Professionals/Salaried Employees|
|Income||At least Rs.10,000 per month|
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Agriculturist & Allied Activities
Document Check List: Home Loan Document Required
You can use MAS Rural Housing and Mortgage Finance Limited home loans for purchasing or construction, or home renovation purposes. Make sure you have read the fine print carefully before signing up.
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