The current rate of interest for these loans is 12.75% for all tenures. The interest rate
on these loans is linked to the Retail Home Loan - Prime Lending Rate (RHL-PLR) and moves up or down with the RHL-PLR.
The EMI table is given below
Loan Tenure
EMI per Lac
5 years
Rs2262
10years
Rs1478
15years
Rs1248
Interest Calculated on basis of
monthly rest.
Maximum Tenure of 15 years.
Processing fee of 0.5%.
A pre-payment fee of 2% on the
amount prepaid, either in part or full.
