To offer additional amount of loan to the existing housing loan borrowers to meet their various personal requirements arising from time to time.

a. Property financed should have been completed and taken possession of.

b. The borrower should have a minimum repayment record of:

    i. 6 months – For Govt/PSU employee where salary account with our Bank.

    ii. 12 months- For Govt/PSU employee where salary account is not with our Bank.

    iii. 24 months – For all other cases.

   i.Term Loan- Maximum Rs. 25 lakh

   ii.Overdraft- Maximum Rs. 10 lakh

   iii.Composite facility- Maximum Rs. 25 lakh

i. Term Loan:
Maximum 10 years
The loan to be repaid by EMI during the currency of the existing
Housing Loan of maximum in 10 years whichever earlier.

ii. Over Draft
   a. Interest in the account would be served on monthly basis with monthly rests.
   b. No fresh OD should be allowed one year prior to adjustment of the Home loan account. In case there is any outstanding in the OD account at the time of closure of the Home Loan account the same     would be transferred to Term Loan (housing) and would be recovered within a period of 36 months.