Customised repayment options
 Quick response
 Lower processing charge
 Personalised services
 Lesser EMI when you opt for LIC policy linked loan scheme

Scheme: MoneyHome Loan

Amount Range: Rs.2-25lakhs Amount depends on: - Repayment capacity as decided by IDBI - A maximum of 85% of the estimated cost

Maximum Period: 15years Repayment options: Structured to suit your requirements

Advantage: Monthly Reducing Balance (monthly outgo is less than the one for the annual reducing balance)

Other charges: nominal processing fee Insurance plan: - Options of repayment as per Life Insurance Policy. - We encourage Mortgage Redemption Assurance Policy (MRA)

Eligibility criteria:- minimum 21 years - salaried persons to have 3 years experience, net take home salary of Rs.10,000 pm and have atleast 7 years for retirement - professionals or businessmen to have atleast 3 years experience, income of Rs.2 lakhs pa as per IT returns

Security: first mortgage of property as finalized collateral or interim security by life insurance policies.

Rates of interest:

Fixed loans: upto 10lakhs-14.5%pa + tax @ 2%of interest; >10lakhs-15%pa + tax @2% of interest

Floating loans: LTPLR + Tax @2% of interest for all amounts Process management fee: .5% of loan amount (payable at time of sanction); 1% of loan amount (time of drawdown)