Purpose : Loans for Construction of Housing Projects for sale.
Applicant : Professional Developers.
Loan Amount : Min Rs 20 lacs - Max 50% of Project cost up to Rs 5 crores.

Rate of Interest : Quoted on Application.
Loan Term : 6 Months to 2 Years.
Repayment Mode : Principal by Monthly / Quarterly Instalment.
Interest to be paid monthly.
Security : Equitable Mortgage, Personal guarantee and any other secuity.

Front End Charges : Processing Fees : Rs. 5000/- for appl. up to Rs 1 crore,
Rs. 10,000/- for more than Rs 1 crore.
Admin Fees : 1% of amount sanctioned.