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Loan for Improvement of existing residential property
 
Downlaod Application FormCLICK HERE FOR DOWNLOADING LOAN APPLICATION FORM
 
TERMS AND CONDITIONS OF LOAN
1
Processing/Advocate Fee NIL
2
Eligibility -Applicant must enroll himself as Nominal Member by paying Rs. 200/-
- Property should be in Delhi.
- 65 months Gross Income Subject to deduction or
- Loan upto 90 % of the total cost of the property or Rs. 10 lakhs which ever is less.
3
Rate of interest Click Here for Rate of Interest Table
4
Loan repayment period Maximum loan upto 20 years.
5
Security for loan

- Personal surety(s) of one individual resident of Delhi of equal status. (Not in Blood Relation)
- Deposit of title deed as mortgage relating to property being financed with first charge.

6
How to make repayment

Repayment will be made by ECS/Cheque on or before 8th of every month marked "Payee Account Only" favouring DELHI CO- OPERATIVE HOUSING FINANCE CORPORATION LTD. or "Demand Draft payable at Delhi/New Delhi. Outstation cheques and cash not accepted.

7
E.M.I. for loan of Rs. 1.5 lakh for 20 years @8.25% p.a. Rs. 852
** Conditions Apply