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    GP Parsik Bank House Repair and Renovation Loan

    Overview about GP Parsik Bank House Repair & Renovation Loan

    Headquartered at Maharashtra, the GP Parsik Bank is one of the leading banks in India and provide a wide range of products and services such as Home Loan, Car Loan, Education Loan, Gold Loan, Professional Loan, Fixed Deposits, and Recurring Deposits etc. So far, the bank has 55 full-fledged branches spread across the country.

    Purpose of GP Parsik Bank House Repair & Renovation Loan (Home Improvement Loan)

    The House Repair and Renovation loan is provided for the purpose of repairing and renovating house. After a point of time, we need repair our house and it is expensive. So, you can bear the cost of house repairing by opting for this personal finance scheme offered by GP Parsik Bank.

    Eligibility for GP Parsik Bank House Repair & Renovation Loan

    Individuals can apply for this loan on fulfilling the other eligibility conditions set by the bank.

    Features and benefits of GP Parsik Bank House Repair & Renovation Loan

    The GP Parsik Bank House Repair & Renovation Loan comes with a lot of attractive features and benefits which include:

    • You can easily repair your house without worrying about finance.
    • Loan amount: The bank offers loans above Rs. 2 lakh.
    • Loan repayment tenure: The GP Parsik Bank House Repair & Renovation can be repaid within a tenure of 5 years.
    • Security: The banks accepts movable and Immovable property as security against its House Repair & Renovation loan.
    • Rate of interest: The bank charges both fixed and floating rate of interest on its House Repair and Renovation scheme. The following interest rate are currently palpable on it:

    Amount borrowed

    Floating rate

    Fixed rate

    Up to 25 Lacs

    14.50%

    16.00%

    Above Rs. 25 lakhs to below Rs. 50 lakhs.

    14.00%

    15.50%

    Rs. 50 lakhs and above

    13.50%

    15.00%

    Documents required for GP Parsik Bank House Repair & Renovation Loan

    GP Parsik Bank may ask you to submit the following documents along with a filled application form wherein you need to put all your personal and financial details:

    • Address Proof
    • Identity Proof
    • Bank Stamens.
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