Utkarsh Small Finance Bank Home Loan

CIBIL Score

• CIBIL score preferably above 750

Loan Processing Charges

• 1% of Sanction Amount + applicable taxes

Features

• Avail a home loan for the purpose of purchasing a plot of land and constructing a house thereon, purchasing or constructing a new house or flat, purchasing an existing house or flat as well as for extending an existing house.
• Utkarsh Grih Saral: Loans ranging between ₹ 5,00,000 and ₹ 10,00,000 it has a repayment tenure between 36 and 360 months. Rate of interest starting from 12.50% to 15% per annum on reducing balance.
• Utkarsh Grih Suvidha: ₹ Loans range between ₹ 10,00,001 and ₹ 25,00,000 with a repayment tenure between 36 and 360 months. The rate of interest starting from 10% to 14% per annum on reducing balance.
• Utkarsh Grih Unnati: Loans range between ₹ 25,00,001 and ₹ 60,00,000 with a repayment tenure between 36 and 360 months. The rate of interest starting from 10% to 12% per annum, on reducing balance.
• Utkarsh Grih Pride : Loans range between ₹ 60,00,001 and ₹ 1,00,00,000 with a repayment tenure that ranges between 36 to 360 months. The rate of interest charged typically starting from 10% to 12% per annum with the interest being charged, on reducing balance.
• Utkarsh Grih Prime: Loans range start from ₹ 1,00,00,001 and goes up to ₹ 5,00,00,000 with a repayment tenure that ranges between 36 to 360 months. The rate of interest charged typically starting from 9.50% to 12% per annum with the interest being charged, on reducing balance.
• Utkarsh Grih Aadhar: Extended for existing customers of Utkarsh Small Finance Bank for housing purposes. Loan amounts range between ₹ 2,00,000 and ₹ 5,00,000 and has a repayment tenure between 36 to 360 months. Interest rate starting from 12.50% to 15% per annum, on reducing balance.
• Utkarsh Grih Sudhar: These loans range between ₹ 2,00,000 and ₹ 50,00,000 with a repayment tenure that ranges between 36 to 240 months. The rate of interest charged ranges between 10% and 14% per annum with the interest being charged on reducing balance.
• Utkarsh Awas Loan: These loans are offered for purchase/ construction/ extension/ improvement of home and is extended to borrowers belonging to economically weaker sections/ lower income group/ and middle income group segment. It is a credit linked subsidy scheme under the Pradhan Mantri Awas Yojna whereby eligible borrowers are provided a subsidy by the government on the interest component of the loan to make the home loan affordable to borrowers.
• Home Loan Balance Transfer: We offer the facility to transfer the balance of an existing home loan through the home loan takeover facility. The new loan after takeover is for an amount ranging from ₹ 5,00,000 to a maximum of ₹ 1,00,00,000. The tenure for such loans range from three years and maximum of 30 years. Interest rate starts from 10% per annum with interest being charged on reducing balance