CENT TOP UP SCHEME

Purpose
  • All personal needs and not for speculative, real estate/capital market activities or any activity prohibited by law.

Eligibility

 

Individuals, singly or jointly who have HL accounts with us, including staff members. NRI jointly with relative/s as defined in loan policy. The Relative should be Resident Citizen of India Housing loan should have run for at least One/Two years after commencement of repayment (after moratorium)

Quantum of Loan

 

Minimum Rs.2 lakh & Maximum Rs.100 lakh

  1. 200% of the HL for Housing loan who have run for more than 2 Year after commencement of repayment OR Rs.100 Lakhs whichever is lower
     
  2. 125% of the HL for Housing loan who have run for more than 1 Year after commencement of repayment OR Rs.100 Lakhs whichever is lower

Repayment
  • Period cannot be more than the remaining period of under lying Housing loan as per original sanction

Facility

Term loan

Rate of Interest

RBLR (Repo Rate+ Spread) + CRP (Credit Risk Premium) ranging from 9.00% to 9.70% depending on CIC score 

Processing Charges

Term Loan: 0.50% of loan amount + GST

Documentation Charges

Rs.450/+GST

Min. CIC Score

Name of CIC

Minimum Threshold Limit

Transunion CIBIL

700

EXPERIAN

700

EQUIFAX

700

CRIF

650

 

*Subject to conditions and changes. Please contact our nearest branch for more details and updates.