Composite Home Loan in Bangalore

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7.10% P.A. ONWARDS.

Composite Home Loan in Bangalore

Housing loan – Helping you find your home. Housing loan offers Composite Home Loan at lowest rate of interest. When it comes to availingComposite Home Loan, don’t worry about paperwork anymore. We’ll help you with the tedious paperwork involved in applying for a Composite Home Loan so that all you have to do is sit back and relax while we take care of everything else.

Composite Home Loan:

The composite home loan is provided by banks to the individuals who want to buy a piece of land and construct a house. This kind of loan is given to finance the cost against the land and construction of property on that particular land.

The composite Home loan is given to lenders not only for the land, but also for construction of house within a particular time frame. To explain this concept in detail, we can take the example of apartments and luxury villas. There are a number of builders in Bangalore who take composite loans against buying a land and constructing apartments on them.

When it comes to financing your home, Composite Home Loan is the best option. Buying a home loan may seem easy, but it’s not. There are eligibility factors that need to be kept in mind. For more information on eligibility factors and other important information on Composite Home Loan Contact us.

Home Loan Rate of Interest in Bangalore as on May 2022

Rate of Interest 7.10%
Maximum Tenure 20 years
Processing Fee Up to 0.50% of the loan amount or ₹ 3,000 whichever is higher, plus GST.
Prepayment and Foreclosure Charges Allowed and no charges for floating rate loans
Age Limit Minimum 24 years and Max 60 years

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