Your dream kitchen, that ornate wardrobe, the dining table you always wanted, that home theatre you wished for; all of that is just a blink of an eye away with SVC's Life Style Finanz Loans!
| Purpose |
Renovation of existing flat, Purchase of Consumer Durables etc. |
| Max. Finance available |
Life Style Finance - Max. Limit of Rs.5.00 Lac
|
| Margin |
25% |
| Repayment |
60 months |
| Processing Charges |
1.50% of the loan amount plus ST |
| Documentation Charges |
As applicable |
| Prerequisites |
- Income Tax returns for the last three years along with computation of income of the applicant and guarantors
- Two Guarantors of good means and acceptable to the bank
- Collateral security: 25% of the loan amount in the form of SV of LIC policy /Face value of NSC’s /KVP
- Statement of operative Bank a/c for the last one year.
- Total deduction no to exceed 60% of total gross income.
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