Loan for Purchase of new Consumer Durable Items- Sampurna Griha (A)&(B) NRI:

• PURPOSE -
  Loans are available at selected centres for Purchase of new Consumer Durable items like :
  1. Computer
  2. Television
  3. Music System
  4. Air Conditioner
  5. Washing Machine
  6. Refrigerator
  7. Microwave Oven
  8. Cooking Range
  9. Furniture.

• AMOUNT OF LOAN - Rs.25,000 to RS.2,00,000 not exceeding 5% of the Cost of Property

• RATE OF INTEREST - Term of Loan, Mode of Repayment, Security, Life Insurance Cover, Front-end Charges etc., are same as under Housing loan Sanctioned

'SAMPURNA GRIHA-B' for furnishing their homes and living in an enriched atmosphere.
This Scheme is for purchase of Consumer Durable items, is applicable to Existing Borrowers with Default free record for atleast 1 year at selected centres.

• PURPOSE -
  Loans are available at selected centres for purchase of new Consumer Durable items like :
  1. Computer
  2. Television
  3. Music System
  4. Air Conditioner
  5. Washing Machine
  6. Refrigerator
  7. Microwave Oven
  8. Cooking Range
  9. Furniture.

• AMOUNT OF LOAN -
  Rs.25,000 to RS.2,00,000 (The original loan sanctioned was atleast Rs.2,00,000/-and the balance term of the original loan is 3 years )

• RATE OF INTEREST - Interest @ 13.25% p.a is calculated on Annual Rests.

• TERM OF LOAN - Upto 3 Years, but not beyond the term of the existing loan.

• MODE OF REPAYMENT - By Equated Monthly Instalments (EMI) - Annual Rest Basis.

• SECURITY -
  1. Equitable Mortgage of House/Flat (Additional charge to the extent of this loan)
  2. One Guarantor.

• LIFE INSURANCE COVER - Life Insurance Cover is not required but advisable in the interest of the Applicants.

• FRONT-END CHARGES -Non Refundable Administrative Fee, payable on Sanction of Loan -