| TERMS AND CONDITIONS OF LOAN |
|
1
|
Processing Fee/Advocate
charges |
Rs.
6500/- |
|
2
|
Eligibility
|
-Applicant
must enroll himself as Nominal Member by paying Rs. 236/-
-
Property should be in Delhi/NCR.
- 65 months Gross Income Subject to deduction or
- Loan upto 90 % of the total cost of the property or
- Margin Money
| Total Cost | | Margin Money ( Borrower's Share) |
| Upto Rs. 50 Lakhs | | 10% |
| Above Rs. 50 Lakhs | | 20% |
- or Rs. 500.00 lakh, whichever 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)
- First mortgage of housing unit to be financed by - way of deposit
of "all the original documents executed by seller".
|
|
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 "DCHFC LTD."
"Demand Draft" payable at Delhi / New Delhi.
Outstation cheque
and cash not accepted |
|
7
|
E.M.I. for loan of Rs. 1 lakh for 20 years @8.25% p.a. |
Rs. 852 |
CLICK HERE FOR DOWNLOADING LOAN APPLICATION FORM