NIC Asia Bank Launches ‘Sathi Home Loan’ Offering Up to Rs. 3 Crores for Housing Needs
Summary
NIC Asia Bank has launched the 'NIC Asia Sathi Home Loan' scheme offering loans from Rs. 50 lakhs to Rs. 3 crores with up to 25 years repayment, aimed at supporting housing needs.
Key Points
- NIC Asia Bank has introduced the 'NIC Asia Sathi Home Loan' scheme to meet housing needs.
- The loan amounts range from Rs. 50 lakhs to Rs. 3 crores with attractive interest rates.
- The loan can be used for buying houses, constructing, reconstructing, or purchasing land.
- Loan-to-value ratio is up to 80% for first-time homebuyers and 70% for others, with repayment up to 25 years.
