To provide Home Loans to Corporate Entities (Both Public & Pvt. Ltd. Companies) for construction/acquisition of Residential Units in the name of the     Company for use by their Directors/Promoters and Employees. SPV/Subsidiary of Corporate Entities will also be eligible for availing loan under this Scheme provided,

  1. The Parent Company fulfils the above mentioned eligibilitynorms,
  2. The Parent Company agrees to stand as a Guarantor for HomeLoan,the estimated cash flow of the SPV/Subsidiaries issufficient to repay the EMIs or the Parent Company gives an undertaking to Service the Home Loan in addition to guaranteeing the loan.
  • Loan Amount: Minimum: Rs. 10 Lac Maximum: Rs. 5 Crore
  • (Minimum loan amount of Rs. 10 Lac stipulated under the Scheme is per corporate borrower irrespective of the number of residential units proposed to be acquired).
  • Maximum period for construction of house: 5 years from the date of availment of the loan