Scheme to individuals for purchase of Housing sitesQuick Enquiry
|Eligibility||All individuals/employees of Govt./Semi Govt./Public Sector Undertakings / reputed private companies ( like IT companies /BPOs) who are not above the age of 55 years with a steady source of income.|
|Purpose||Purchase site/plot allotted by State/Central Government Agencies, Housing Societies. Sites / plots developed with approval by the development authorities could also be considered.Subsequent sales may also be accepted|
|Quantum Of Finance||24 times net monthly income/ 2 years annual income (subject to production of satisfactory proof) or 80% of the cost of the site whichever is less
ii. Secured admission to Professional /Technical Courses through Entrance test/Selection process.
iii. Secured admission to foreign university/ institutions.
|Expenses considered for loan||Fee payable to College /School /Hostel.|
|Margin||20% of the cost of site /plot|