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  • Canara Bank

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    linsonjohny34
    729 vizualizări2 pagini
    Canara Bank offers a housing site loan scheme to purchase housing sites from state or central government development authorities or other bodies. The loan is available to salaried individuals earning over Rs. 1 lakh annually or businessmen in business for 3+ years. The maximum loan amount is Rs. 15 lakh for properties in major cities and Rs. 10 lakh elsewhere. A 20% margin is required with interest rates around 5%. The loan is repaid over 5 years and is secured by a mortgage on the purchased housing site. Applicants must provide documents like salary/income proofs, site plans, and allotment letters.

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    Canara Bank offers a housing site loan scheme to purchase housing sites from state or central government development authorities or other bodies. The loan is available to salaried individuals earning over Rs. 1 lakh annually or businessmen in business for 3+ years. The maximum loan amount is Rs. 15 lakh for properties in major cities and Rs. 10 lakh elsewhere. A 20% margin is required with interest rates around 5%. The loan is repaid over 5 years and is secured by a mortgage on the purchased housing site. Applicants must provide documents like salary/income proofs, site plans, and allotment letters.

    Drepturi de autor:

    Attribution Non-Commercial (BY-NC)
    Descărcați ca PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    729 vizualizări2 pagini

    Canara Bank

    Încărcat de

    linsonjohny34
    Canara Bank offers a housing site loan scheme to purchase housing sites from state or central government development authorities or other bodies. The loan is available to salaried individuals earning over Rs. 1 lakh annually or businessmen in business for 3+ years. The maximum loan amount is Rs. 15 lakh for properties in major cities and Rs. 10 lakh elsewhere. A 20% margin is required with interest rates around 5%. The loan is repaid over 5 years and is secured by a mortgage on the purchased housing site. Applicants must provide documents like salary/income proofs, site plans, and allotment letters.

    Drepturi de autor:

    Attribution Non-Commercial (BY-NC)
    Descărcați ca PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    din 2

    Canara Bank http://www.canarabank.com/English/scripts/pblCansite.

    aspx

    About Us Announcements Careers Contact Us Sitemap

    Toll Free No. 1800 425 0018


    Personal Banking Corporate Banking NRI Banking Priority & SME Credit

    Savings & Loan Technology Mutual Insurance


    Deposits Products Products Funds Business

    International Card Consultancy Depository Ancillary


    Services Services Services Services Services

    .
    Click here to login

    CAN SITE

    Purpose:

    A Loan Scheme to individuals for purchase of Housing sites from State Development/Town
    Planning Development authorities, Central and State Governments local authorities either
    exclusively or in partnership with private sector entities, or from any other body constituted by Interest Rates
    the Government for distribution of sites provided such layouts are duly approved by the 3URGXFW(QTXLU\
    concerned statutory authority. Housing loan can be availed whenever required for
    Reach Us
    construction of house of the sites purchased.
    Tools & Calculators
    Eligibility: Locators

    Confirmed salaried class individuals and businessmen/professional who are in the business 6HUYLFH&KDUJHV
    for a minimum period of 3 years and whose net annual income is Rs.1 lac or above. For 'RZQORDG&HQWHU
    employees Net take home salary should be 40% of the gross salary.
    Do Not Call Registry

    Quantum : Mortgaged Asset Sale


    Other Links
    Three years gross annual salary/income with a maximum of Rs.15 lacs for properties situated
    at six metros of Mumbai, Delhi, Kolkata, Chennai, Bangalore, Hyderabad and Secunderabad
    and Rs.10 lacs for properties situated at other centres.

    Margin :

    20% on the project

    Rate of Interest:

    5HSD\PHQW3HULRG

    5 Years

    Security

    Mortgage of the housing site proposed to be purchased. No Coobligation/personal guarantee


    will be insisted.

    Processing Charges:

    0.5% of the loan amount subject to a minimum of Rs.500/- and maximum of Rs.10000/-.

    Documents / Formalities :

    Application with 2 passport size phogoraphs

    Layout/site plan issued by the development authorities.

    Latest 6 months Salary Certificate/Form No.16 for salaried class and latest
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    1 of 2 30/01/2010 19:53
    Canara Bank http://www.canarabank.com/English/scripts/pblCansite.aspx

    Legal Scrutiny Report form Bank’s panel Advocate

    Allotment letter other any other evidencing purchase/allotment of sites issued by the
    development authorities.

    Rate of Interest :

    Kindly visit our page on Rate of Interest.

    For details please contact nearest branch of Canara Bank.

    CASH WITHDRAWAL IN OTHER BANK ATMs : As per the advice / directions of IBA, five free cash transactions per month

    BCSBI's Code | Grievance Redressal | Customer Education | Basel II Disclosures | RTI Act | Browser Compatibility | Disclaimer

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    product a lot easier to use and much preferable to Adobe's" A.Sarras - USA
    2 of 2 30/01/2010 19:53

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