Loan Details
Bank Name
Godrej Capital
Maximum Loan Tenure
Not specified by the bank.
Maximum Loan Amount
Not specified by the bank.
Interest Rate
9.19% per annum onwards.
Type
Floating
Down Payment
Up to 80 %
Fees and Charges
Processing fees- Up to 3% of the loan amount.
Pre-payment charges: NIL for floating interest rate.
Late payment charges: 2% of the total EMI outstanding
Legal charges: At actuals.
Stamp Duty and registration charges: At actuals.
Minimum CIBIL Score
Not specified by the bank.
Down Payment and Fees
Plot Loan
Special Features
None
Eligibility Criteria
Minimum age: 21 years.
Maximum age at loan maturity: 65 years.
Salaried individuals: Minimum monthly income varies based on location and other factors.
Self-employed individuals: A minimum annual income and proof of business stability are required.
Special Concession
No
Home Saver Option
No
Features, Eligibility and Concession
Pros
Regular plot loan.
Cons
LTV ratio of 80% only.
Pros & Cons
Application Procedure
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