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| ›› Home ››
LICHFL ›› Loans ››
Builders & Developers |
Purpose : Loans for Construction
of Housing Projects for sale.
Applicant :
Professional Developers.
Loan Amount :
Min Rs 20 lacs - Max 50% of Project cost up to Rs 5 crores.
Rate of Interest : Quoted on Application.
Loan Term : 6 Months to 2 Years.
Repayment Mode : Principal by Monthly / Quarterly
Instalment.
Interest to be paid monthly.
Security :
Equitable Mortgage, Personal guarantee and any other secuity.
Front End Charges : Processing Fees
: Rs. 5000/- for appl. up to Rs 1 crore,
Rs. 10,000/- for more than Rs 1 crore.
Admin Fees
: 1% of amount sanctioned.
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