Welcome to our Mogaveera Bank

Home Loans

Purpose

Buying a new Flat/purchasing a resale Flat.

Loan Amount

80% of the agreement value + stamp duty on registration of 55/60 times of net monthly salary or 3.5 to 4 times of average income of last 3yrs (Max. C 70.00 lacs)

Loan AmountRate of InterestEMI (per lac)

Up to C 20.00 Lacs

11.25% p.aRs. 1049.00

Above C 20.00 Lacs to 35.00 Lacs

11.50% p.a.Rs. 1066.00

Above C 35 Lacs to 70 Lacs

11.75% p.a.Rs. 1084.00

For 2nd home 0.5% additional. Processing Fees: 1% + GST.
*No Pre-Payment Charges.