SRG Home Revision Loan
Update the new version of living @ SRG
Your home to certain extent gives a reflection of yourself and your family, give your home a shining makeover, rich interior and desired renovation with SRG Revision Home loan another best offering from one of the finest emerging Housing Finance Company.
Revision Home loan covers-
Complete renovation of already owned residential property
Upgradation
Repair of your house/flat
External & internal repairs/paint
Water-proofing & roofing
Tiling and flooring
Plumbing & electrical work
False ceiling & woodwork (fixed to the building)
Home Loan Amount
Minimum loan amount- Rs. 50,000
Maximum loan amount- 15% of NOF
Loan tenure and term
Tenure of your home loan ranges between 1 to 10 years.
Interest Rates
Interest rate applicable is based on the SRG interest rate policy, based on the money market conditions.
Processing fees and other charges
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Easy repayments
ECS
PDCs( drawn on salary/saving bank a/cs)
Home loan tax benefits
Resident Indians are eligible for tax benefit as per to the income tax act 1961.
U/s 24 b >> For interest amount paid in the financial year >> Rupees 2, 00,000 (max)
u/s 80 c >> for principal amount repaid in AY 18 >> Rupees 1, 50,000(max)
Co Applicant
Loan can be applied individual, it can be further enhanced by including an earning co applicant.
Document Required
Click here tocheck the list of document required.
Loan Security
Security for the loan is a first charge by way of an equitable mortgage of property to be financed /or such other collateral deem fit by SRG.
Loan Disbursement
Check here for the loan disbursement process