Cent Home Double Plus Scheme

Purpose

1. For construction / acquiring of new or existing home/flat
2. Extension of existing house.

Eligibility

1. Individual salaried employees, self-employed persons, professional, any other person having a legal, identified and regular source of income.
2. The applicant/s must be 18 years old (completed) as on the date of application.

Facility Type

Home loan with Overdraft Facility: To enable efficient management of cash flow. It helps in minimizing interest Burden while offering the flexibility to withdrawal at time of need.

Rate of Interest

Please click here to know our latest interest rates

Security

Equitable mortgage of the residential property being financed

Insurance

House / Flat / Property financed should be adequately insured

Guarantee

• Condition of Guarantee is waived for salaried individuals irrespective of loan amount. In case of self-employed /others for loans up to Rs.20.00 lakh, no guarantee is required.
• However, wife, husband, father, mother, sister, brother may be taken as co-applicant instead of insisting for guarantor for loans above Rs.20.00 lakh to self-employed/others.

Processing Charges

• 0.50% of the Loan Amount subject to maximum Rs.20,000/-+ GST
• Full Waiver of Processing charges till 31.12.2026.

Documentation Charges

Rs. 1350/- + GST

Others

All other Terms & Conditions for Cent Home Loan Scheme will be applicable.