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CENT HOME DOUBLE PLUS SCHEME

This is divided into two parts:-

  • 1) Home loan with Overdraft Facility
  • 2) Term Loan For Other Purposes ( like Repairs/Renovation of house , Refurbishing/furnishing of house, Purchase of new vehicle, Purchase of consumer durables/ furniture, Solar Energy equipment, Children marriage / education expenses, medical expenses, Family holiday , tour).

Part 1 : OVERDRAFT FACILITY FOR CENT HOME LOAN DOUBLE PLUS

Enable efficient management of cash flow. It helps in minimizing interest Burden while offering the flexibility to withdrawal at time of need.

PURPOSE

  • For construction / acquiring of new or existing home/flat
  • Extension of existing house.

ELIGIBILITY

  • Individual salaried employees, self-employed persons, professional, any other person having a legal, identified and regular source of income.
  • The applicant/s must be 18 years old (completed) as on the date of application.

QUANTUM OF LOAN

  • 90% (for loans uptoRs.20 lakh)
  • 80% (for loans above Rs.20.00 lakh and up[to Rs. 75 lacs)
  • 75% ( for loans above Rs. 75 lacs)
  • Stamp duty, registration and other documentation charges, cost of life insurance cover on the life of the borrower should not be included in cost of housing unit above Rs, 10.00 lakhs.
  • 75% of the cost (registered value) of Plot.
  • Based On Net Home take

MORATORIUM PERIOD

  • Moratorium period of up to 36 months.

REPAYMENT

.
  • Repayment period of up to 30 years

NET TAKE HOME PAY/INCOME NORMS:

Annual Income Net Take Home Pay/Income
Upto Rs.5.00 Lakh 35%
Above Rs.5.00 Lakh But Upto Rs.10.00 Lakh 30%
Above Rs.10.00 Lakh 25%

Processing Charges

  • 0.50% of the Loan Amount subject to maximum Rs.20,000/-

SECURITY

  • Equitable mortgage (E.M.) of the residential property

GUARANTEE

  • Condition of Guarantee is waived for salaried individuals irrespective of loan amount. In case of self-employed /others for loans up to Rs.20.00 lakh, no guarantee is required.
  • However, wife, husband, father, mother, sister, brother may be taken as co-applicant instead of insisting for guarantor for loans above Rs.20.00 lakh to self-employed/others.

INSURANCE

  • House / Flat / Property financed should be adequately insured.
Loan type Forms
Application Form 1 for Loan of Rs.5 Crore to Rs.15 Crore Download Word Document Format
Download PDF Format
Application Form 2 for Loan of Rs.15 Crore to Rs.40 Crore Download Word Document Format
Download PDF Format
Application Form 3 for Loan of Rs.40 Crore and above Download Word Document Format
Download PDF Format
Standardised Common Loan Application Form for Agriculture Credit Download PDF Document Form
Common Application Form (Required for all loan schemes). Download Word Document Format
Download PDF Format
Cent Buy Download Word Document Format
Download PDF Format
Cent Computer Download Word Document Format
Download PDF Format
Cent Liquid Download Word Document Format
Download PDF Format
Cent Mortgage Download Word Document Format
Download PDF Format
Cent Trade Download Word Document Format
Download PDF Format
Cent Vyapari Download Word Document Format
Download PDF Format
Housing Loan Application Download Word Document Format
Download PDF Format
Cent Home Loan Plus Download Word Document Format
Download PDF Format
Cent Suvidha Download Word Document Format
Download PDF Format
Cent Vehicle Download Word Document Format
Download PDF Format
Cent Vidyarthi Download Word Document Format
Download PDF Format
Cent School Download Word Document Format
Download PDF Format
Teacher's Loan Download Word Document Format
Download PDF Format
Cent Rental Download Word Document Format
Download Word Document Format
Download PDF Format
Download PDF Format
Cent Doctor Download Word Document Format
Download PDF Format
Cent Swabhiman Download Word Document Format
Download PDF Format
Personal Loan for Pensioners Download Word Document Format
Download PDF Format
Personal Loan to Employees of Corporate Sector Download Word Document Format
Download PDF Format
Personal Loan to Employees of Non-Corporate Sector Download Word Document Format
Download PDF Format
Loan to LIC Agents Download Word Document Format
Download PDF Format
Loan to MSEs Download PDF Format
Cent Sahyog (form for upto 10 lakhs) Download PDF Format
Cent Sahyog (form for above 10 lakhs) Download PDF Format
Application for Agricultural Loans Download PDF Format

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