Attractive Features of Cosmo Gram Gruh Yojana
Rate of interest
9.00%* p.a to 10.00%* p.a
Repayment period
maximum up to 20 years

Every person, irrespective of living in urban or rural area, dreams of owning his own home. Bank provides financial assistance for homes in Grampanchayat limits too.

Loan Highlights
  • Loan Limit
    With a margin of @40% and maximum limit up to Rs. 20.00 Lakh for single dwelling unit
  • Rate of Interest
    CIBIL – Above 800 – 9.00% p.a.
    CIBIL – Above 750 to 800 – 9.25% p.a.
    CIBIL – Above 700 – 750 – 9.50% p.a.
    Below 700 (with deviation allowed) – 10.00% p.a.
  • Repayment Period
    maximum up to 20 years
  • Process charges
    1.00% loan demand + GST
Eligibility
  • For construction of house/bungalow in Gram Panchayat (Gaothan) area.
  • For purchase of home/dwellings/flat/row house/bungalow, where permission is given by Gram Panchayat (Gaothan) and registered Sale Deed is available in the name of the applicant.
Facility
  • Term Loan
Documents Required
  • KYC documents
  • Income papers/financial papers
  • Account statement for last 6 months of borrower, if borrower is not existing customer of the Bank.
  • 7/12 extract
  • 8A Utara
  • Sale agreement/sale deed duly stamp duly paid
  • Index II
  • Gram Panchayat (Gaothan) approved plan copy duly authenticated from panchayat office
  • Architect certificate to be obtained for Gram Panchayat approved plan.

Get In Touch

Our Expert will call you back on the number provided by you within 24-48 hours to assist you further. Thank you for your interest in Cosmos Bank

Enquire Now
Ideal for people
  • Buying/constructing home in gram panchayat area
Good to Know
  • 2 Guarantors required

*Terms and Conditions Apply