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Housing / Loans / ANZ Grindlays

Amount:

Only ANZ Loans for Homes offers loans from Rs 2.10 lakhs to Rs 1 crore, for up to 15 years. The loan amount offered will be based on the expected cost. E.g. the maximum loan amount for home buying will be 85% of the agreement value (or 70% of Market Value) , whichever is lower. In the case of self-construction, renovation or extension of your existing home, one can avail of 100% finance for the cost of construction/extension/renovation. Ofcourse, the loan amount is based on the repayment capacity as well.
   
Given below are the details for the various types of loans : 

 
Loan Loan to Value Upper limit of loan(Rs.)

Max. tenure of loan(Years)

Self-construction

100% 1 crore 15

Home renovation

100% 25 lacs 15

Home extension

100% 1 crore 15

Home buying*

85% 1 crore 15

Purchase of plot

50% 25 lacs 05

* Based on Agreement value.

 

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