Home >> Loans >> Cent Home Loan Plus
Refurbishment / renovation /furnishing of house or buying furniture /LCD TV/ Home theatre etc.
Existing Borrowers under Direct Housing Finance Scheme having completed minimum 3 (three) years of repayment schedule without any default.
In case Housing loan is in Joint Name, Both the Joint borrowers should join as borrower for the loan or consent / no objection for extending charge of house property created out of Housing loan should be obtained.
Quantum of Loan
Maximum of Rs.10.00 lakhs.
25% on the Present Market value of the property for aggregate loan up to Rs.30 lakhs including the proposed limit under this scheme.
35% on the Present Market value of the property for aggregate loan above Rs.30 lakhs including the proposed limit under this scheme
Extension of mortgage on the House property for which Housing Loan was sanctioned.
Rate of Interest as applicable to Bank's existing Housing Loan Scheme in case of renovation.
The rate of interest will be 1% percent more than the rate of existing housing loan in case of buying of furniture, television, home theatre etc.
10 years in Equal Monthly Installments.
For salaried individuals up to 70 years provided post retirement income is adequate to repay the EMI.
Rs. 500/- for each loan