What you get
- Access to Loan: Up to ₹10,00,000/-. - Interest Rate: 12% (subject to change).
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the objective of this scheme?
The scheme offers loans up to [?]10,00,000/- for housing, house construction, and repair/extension purposes, at a 12% interest rate to provide financial aid to citizens for housing needs.
What is the maximum loan amount a person can get?
The maximum loan amount under this scheme is [?]10,00,000/-.
What is the rate of interest applicable for the loan?
The interest rate for the loan is 12%, although it may change based on market conditions.
What purposes does the loan cover?
The loan can be used for housing construction, repairs, or extensions.
Who is eligible to apply for this loan?
Any resident of the state can apply for the loan.
Where should one apply for the loan?
Applicants can apply for the loan at any District Central Cooperative Bank (DCCB) branch.
Is there an age limit for applying for the loan?
No specific age limit has been mentioned for loan applicants.
Is the interest rate fixed or subject to change?
The current interest rate is 12%, but it is subject to change depending on market conditions.
Is the loan available to all communities?
Yes, the loan is available to all citizens regardless of community.
What is the repayment period for the loan?
The repayment tenure is determined by the bank based on the loan agreement with the borrower.