Nanded
ho@bhagyalakshmibank.com
Mon to Sat
10.30 am to 2.30 pm
3.00 pm to 5.30 pm
Holiday on 2nd and 4th Saturday and every Sunday bank is closed
Home Loan
Transform your dream home into reality with Bhagyalakshmi Mahila Sahakari Bank’s Home Loan services. Whether you’re looking to purchase a new property, construct your own home, or renovate your existing space, we offer tailored loan solutions to suit your needs. With attractive interest rates, flexible repayment options, and a simple application process, our Home Loan is designed to make homeownership accessible and hassle-free. Let us help you turn your vision of a perfect home into a reality.
Interest Rates
Land and Building (Housing Loan):
- Special Interest Rate for Women Borrowers: 9.00%
- Loans for All Other Borrowers: 10.00%
Other Commercial Construction / Purchase (Excluding Builders/Contractors):
- Interest Rate: 11.50%
For Builders, Contractors, and Other Commercial Construction:
- Loans Sanctioned Up to ₹25 Lakh: 11.50%
- Loans Sanctioned Above ₹25 Lakh: 12.00%
Loan Details
Eligibility:
- Applicants: Individuals or Joint Applicants (Co-Borrowers) with a regular source of income (Salaried, Self-Employed, Professionals, Businessmen, Farmers, etc.)
Purpose:
- Construction of House: On land already owned by the applicant.
- Purchase of Built-Up Property: New or second-hand house or flat.
- Extension/Renovation/Repair: Of existing house or flat.
- Purchase of Property Under Construction: Or proposed to be constructed.
Loan Amount:
- Up to 70% of the flat or construction cost or as per the income repayment capacity.
Repayment:
- Maximum Tenure: Up to 10 years.
Security:
- Required: Registered mortgage of the financed property or property proposed to be furnished.
Processing Fee:
- Fee: 1.5% of the loan amount.
Share Holding:
- Fee: 2.50% of the loan amount.
Documents:
- For Details: Please contact your nearest branch.
Insurance:
- Requirement: Insurance of the property charged to the bank.
Loan Type | Rate of Interest | Takeover and if Renewal rating A grade | |
Special Interest Rate for Women Borrower. | 09.00% | - | |
Loans sanctioned for all other than Women | 10.00% | - | |
Other commercial Construction / Purchase (excluding Builder/ Contractor) | 11.50% | - | |
Loan Type | Rate of Interest | Takeover and if Renewal rating A grade | |
(For Builders, Contractors, and other commercial construction) | - | ||
Loans sanctioned upto Rs.25 Lakh. | 11.50% | - | |
Loans sanctioned above Rs.25.00 Lakh | 12.00% | - | |