A "low interest" loan shouldn't mean you have very little interest in paying it back!
SVC Co-operative bank offers two types of home loans to its customers. Listed below are the details of both the schemes:
| Interest Rate (p.a.) | 8.90% for Salaried 9.05% for Self-Employed Professionals |
| Processing fees | 0.65% + service tax |
| Interest Rate (p.a.) | 8.90% for Salaried 9.05% for Self-Employed Professionals |
| Processing fees | 0.50% + service tax |
Before availing the loan, use the Bankbazaar SVC home loan EMI calculator to know how much you will need to pay as EMI after availing the home loan. Knowing the EMI helps you in managing your funds better.
| Age | 21 years and above |
| Nationality | Resident and non-resident Indians |
| Type of Employment | Salaried and self-employed professionals |
The documents which needs to be provided for availing SVC home loans are listed below:
For SV Good Homz Scheme
For Double Plus Scheme
Under SV Good Homz scheme, the margin for loans up to Rs.30 lakh is 10% of agreement value while for loans above R.30 lakh, the margin is 20% of agreement value
No, you can’t avail the home loan for that.
The maximum amount which can be borrowed is Rs.70 lakh under SV Good Homz.
The legal and documentation charges are charged on actual basis by the bank.
Yes, home loans under both the schemes offered by SVC bank can be availed jointly.
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