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VIJAYA HOME LOAN PLUS (OVERDRAFT)
Customer can avail either Vijaya Top Up loan or Vijaya Home Loan Plus but not both the loans
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Purpose
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Overdraft facility for home loan borrowers for any purpose other than speculative
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ii
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Eligibility
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Any existing home loan borrowers who have availed Housing loan amount of Rs.5 Lakhs or above with prompt/regular repayment of existing Home Loan for the past one year at least.
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iii
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Loan Amount
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75% of the amount sanctioned in existing Home Loan with minimum of Rs.1.00 Lakh and maximum Rs.10.00 Lakhs. Outstanding amount in VHL and Overdraft should not exceed 70% of the market value of the house property as per the latest valuation report
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iv
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Repayment Period
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Overdraft facility should be reviewed /renewed annually. However, in the event of closure of Housing Loan, the Over Draft limit should be closed simultaneously.
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v
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Rate of interest
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Click Here
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vi
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Other terms and conditions
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As applicable to Vijaya Home Loan
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vii
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Charges
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a) Processing Charges: Rs.500 + Service Tax as applicable.
b) No Inspection Charges.
c) Documentation Charges: Rs.250 + ST as applicable
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| viii |
Application Form
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Click Here for Application Form
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