Purpose
Any purpose including repairs & renovation of buildings, marriage, education, household festivals / functions, medical or any bankable purpose other than speculative
Mortgage Loan
Any purpose including repairs & renovation of buildings, marriage, education, household festivals / functions, medical or any bankable purpose other than speculative.
Age of applicant
Entry age is 18 years and exit age is 70* years (*Conditions apply)
Income
Salaried: Minimum three years of Service (Including previous employment / experience) & confirmed in present employment
Business: Last three years IT Returns
Take home pay
40% of Gross pay as Net Take Home Income post all EMI deductions (existing and proposed) should be available
Loan amount
Min. ₹1.00 lakh
Max. ₹300.00 lakh* (*Conditions apply)
Security/ Margin
50% of the market value of the immovable property offered as security.
Rate of Interest
Please refer Interest rate site / visit our nearest branch
Period of Loan & Repayment
84 EMIs - No holiday period
Processing charges
1.18 % of limit sanctioned
How to apply
Please contact nearest Puducherry Grama Bank’s Branch for more details
Ready to explore this loan further?
Visit your nearest branch to confirm eligibility, interest details, repayment options, and the full application checklist.
